320 Western Ave Glendale

320 Western Ave, Glendale

320 Western Ave, Glendale

Sold:

$1,675,000

Property Details

An excellent opportunity awaits potential investors looking to acquire a multifamily property in the Riverside Rancho district of Glendale. MIG Commercial Real Estate Services, Inc is pleased to introduce 320 Western Ave Glendale, a well maintained six-unit multifamily asset. Constructed in 1957, this complex comprises (4) two-bedroom, one-bathroom units, and (2) one-bedroom, one-bathroom units.

There is a covered carport at the rear of the building, providing six parking spaces (one per unit). Owner pays common area electricity, gas for the laundry room, and water. Tenants are responsible for all other utilities. There are 7 total electric meters, 7 total gas meters, and 1 water meter. Recent upgrades include the replacement of the main water line and the vertical waste line connecting to the city’s infrastructure.

Despite heavy rains in the past year, there have been no significant reports of leaks. Glendale’s strategic location offers easy access to major freeways, making it a convenient hub for commuting to various parts of Los Angeles County. The city is also home to the Glendale Unified School District and is just minutes away from renowned establishments like Disney, DreamWorks Animation, the Los Angeles Zoo, and numerous urban parks. Don’t miss this opportunity to claim your next investment!

 

Alex -

Property Information

Property Type

Multifamily

Lot Size

7,533 SF

Asking Price

$1,995,000

Parcel 

5626-013-006

Unit Count

6 Units

Zoning

R3050

Building Size

4,662 SF

Year Built 

1957

Sale Type

N/A

Price Per Unit

$279,166

Use Code

Moderate Density Residential

Price / SF (Building)

$427

Sale Date 

NA

Property Location