1148 Thompson, Glendale, CA 91201

$2,395,000

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List Price
$2,395,000
Status
ACTIVE
MLS#
BB26146026
Year Built
1964
Lot Size
6,571
Acres
0.15
Lot Location
0-1 Unit/Acre
Days on Market
22
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Well-maintained 5-unit apartment complex located above Glenoaks in one of Glendale's desirable residential neighborhoods. The property has been thoughtfully maintained and features new electrical panels, 3 of 5 units recently remodeled and a newer roof. The unit mix includes a spacious owner's unit with 3 bedrooms and 2 bathrooms, complete with a large private patio offering beautiful views. The remaining four units are well-designed 2-bedroom, 2-bathroom townhomes, each featuring private balconies that provide abundant natural light and outdoor living space. This is an excellent investment opportunity with a highly desirable unit mix, strong owner-user potential, and quality capital improvements already in place.

Additional Information

Pool Description
None
Garage Spaces Total
7
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
5
Gross Scheduled Income
$168,792
Operating Expense
56486

Listing courtesy of Listing Agent: David Nalbandyan (info@lapremierrealty.com) from Listing Office: LA Premier Realty.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.