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Key Details
Sold Price $1,275,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD22115279
Sold Date 07/14/22
Bedrooms 4
HOA Y/N No
Lot Size 6,558 Sqft
Property Description
Here is another opportunity not to be missed. Stop being a tenant. Buy it as a great owner occupied rental or just as an investment property in our jewel city Glendale. Live in one unit and get the income from the other 2 units to pay for the mortgage and expenses. Glendale Triplex /3 total units we are selling for the first time since 1993. Current owners happily and proudly lived in these units, maintained it accordingly, grew up in this property and now are selling due to their out of state relocation. Attention: All units will be delivered vacant at closing and the suggested rents below are the estimated market rent for similar units in the area which would give the new owner a great chance to rent it all for current market rent and terms. Each unit has its own utilities and addresses The whole property has been upgraded and and maintained over the years with new laminated flooring, new kitchen with counter tops, copper plumbing, windows, bathrooms, roof, etc. Seller is a licensee in Arizona and is planning to include this sale in 1031 exchange with no cost to buyer.
Here is another opportunity not to be missed. Stop being a tenant. Buy it as a great owner occupied rental or just as an investment property in our jewel city Glendale. Live in one unit and get the income from the other 2 units to pay for the mortgage and expenses. Glendale Triplex /3 total units we are selling for the first time since 1993. Current owners happily and proudly lived in these units, maintained it accordingly, grew up in this property and now are selling due to their out of state relocation. Attention: All units will be delivered vacant at closing and the suggested rents below are the estimated market rent for similar units in the area which would give the new owner a great chance to rent it all for current market rent and terms. Each unit has its own utilities and addresses The whole property has been upgraded and and maintained over the years with new laminated flooring, new kitchen with counter tops, copper plumbing, windows, bathrooms, roof, etc. Seller is a licensee in Arizona and is planning to include this sale in 1031 exchange with no cost to buyer.
Location
State CA
County Los Angeles
Area Glendale (91206)
Zoning Assessor
Interior
Heating Natural Gas
Cooling Wall/Window
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Exchange, FHA
Listing Terms Cash, Exchange, FHA
Financing Conventional
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