See all 12 photos
$2,690,000
Est. payment /mo
5,616 SqFt
Active Under Contract
640 Ivy ST Glendale, CA 91204
UPDATED:
10/14/2024 05:57 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,616 sqft
Price per Sqft $478
MLS Listing ID SR24208614
HOA Y/N No
Year Built 1988
Lot Size 6,991 Sqft
Property Description
We are pleased to be retained as the exclusive agents for this 6-unit multifamily investment offering in Glendale Ca.
Comprised of a remarkable unit mix, 2 blocks to Americana at Brand, and individual hot water heaters.
(5) of the 6 units are remodeled, 2 units are townhouse style and several HVAC units have been replaced.
At 13.7 GRM this is a great turnkey offering with additional rental upside potential. Multiple storage closets can potentially generate additional revenue streams and there might be potential to incorporate an ADU, buyer to confirm.
Comprised of a remarkable unit mix, 2 blocks to Americana at Brand, and individual hot water heaters.
(5) of the 6 units are remodeled, 2 units are townhouse style and several HVAC units have been replaced.
At 13.7 GRM this is a great turnkey offering with additional rental upside potential. Multiple storage closets can potentially generate additional revenue streams and there might be potential to incorporate an ADU, buyer to confirm.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning GLR4YY
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Biking
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Entry Level One
Sewer Private Sewer
Water Private
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5695009016
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Levon Alexanian • Keller Williams World Media Center • info@alexanianadvisors.com