227 Justin Avenue, Glendale, CA 91201
  • MLS#: 24391817 ( )
  • Street Address: 227 Justin Avenue
  • Viewed: 1
  • Price: $3,595,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 0
  • Days On Market: 185
  • Additional Information
  • County: LOS ANGELES
  • City: Glendale
  • Zipcode: 91201
  • Provided by: Lyon Stahl Investment Real Estate, Inc.
  • Contact: William William
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Built in 1957, the property consists of a great unit mix of two (2) studio, one bathroom units, ten (10) one bedroom, one bath units, and two (2) two bedroom, one bath units. The units are spread out over 8,988 square foot of gross leasable area. The units are separately metered for gas and electricity. Individual parking spaces are located on the ground floor along with the communal laundry room. The investment is offered at an attractive cap rate along with upside in the rents. The loss to lease is more easily achieved with AB1482 rent control. Delivered with 2 vacant units. Please contact listing agents for offering memorandum.
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Features
Appliances
  1. Refrigerator
  2. Range
Architectural Style
  1. Mid Century Modern
Building Area Total
  1. 8988.00
Carport Spaces
  1. 14.00
Construction Materials
  1. Stucco
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Direction Faces
  1. South
Fireplace Features
  1. None
Garage Spaces
  1. 0.00
Heating
  1. Wall Furnace
Laundry Features
  1. Community
  2. In Carport
Levels
  1. Multi/Split
Netoperatingincome
  1. 202034.00
Parcel Number
  1. 5626011020
Parking Features
  1. Assigned
  2. Carport
Pool Features
  1. None
Postalcodeplus4
  1. 2926
Security Features
  1. Carbon Monoxide Detector(s)
  2. Smoke Detector(s)
  3. Gated Community
Sewer
  1. Other
Sourcesystemkey
  1. 24-391817:CLAW
Spa Features
  1. None
Tenant Pays
  1. Electricity
  2. Gas
Totalexpenses
  1. 81015.00
Uncovered Spaces
  1. 0.00
View
  1. Hills
Year Built
  1. 1957
Zoning
  1. GLR4H*