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Key Details
Sold Price $2,400,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21690438
Sold Date 06/17/21
HOA Y/N No
Year Built 1962
Lot Size 6,969 Sqft
Acres 0.16
Property Description
207 W. Garfield Ave is located in the heart of Glendale near the Glendale Galleria and The Americana shopping centers. This 7-unit income property boasts a fantastic unit mix of all large 2-bedroom, 1.5 bathrooms in great condition. Some of the tenants have lived in the property for quite a while, so there is substantial upside potential in the rents and the GRM is only 15.22. Asking only $361/sf this is hard to beat for this location of Glendale. Newer roof as of 4 or 5 years, new windows and newer water heater. Six of the Seven units have been upgraded but the building is fully occupied so please do not disturb the tenants.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Zoning GLR4YY
Interior
Fireplace No
Exterior
Garage Covered, Uncovered
Parking Type Covered, Uncovered
Building
Story 2
Others
Senior Community No
Tax ID 5641014012
Special Listing Condition Standard
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Bought with David Nalbandyan • LA Premier Realty
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960