tomo logo

$3,595,000

Beds
14
sq ft
8,988

227 Justin Ave, Glendale, CA 91201

227 Justin Ave

Glendale, CA 91201

  • 142 days on market
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.

Details

Property type

Lot size

7,403 sq ft

Price per sq ft

$400

Year built

1957

HOA

No

Price History

09/14/2024
CLAW

CLAW #24391817

Listed
$3,595,000
08/16/2024
CLAW

CLAW #24391817

Removed
$3,595,000
08/14/2024
CLAW

CLAW #24391817

Listed
$3,595,000

Schools & Community

Neighborhood: 

Riverside Rancho

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Status: Active

Tomo last checked: 10/04/2024 at 5:45 PM

Listing updated: 09/14/2024 at 5:20 AM

Listed by: William James, Lyon Stahl Investment Real Estate, Inc. Phone #: (310) 425-9838

MLS: CLAW #24391817

CLAW logo

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