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    1/2 BATHS
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Listing Details

Status
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On Site
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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

Description

We are proud to represent this pride of ownership 18-unit apartment building in Glendale.The property was built in 1969. Its unit mix consists of (2) one-bedroom, one-bathroom units, (10) two-bedroom, two-bathroomunits, (4) two-bedroom, two-and-a-half bathroom units, and (2) three-bedroom, two-and-a-half bathroom units. With a lot size of 20,087 square feet, the property has a total of 21,145 rentable square feet.The city of Glendale is a highly desirable rental market and was recently named as the neighborhood of the year by Curbs magazine. Glendale is a major production center for the entertainment and animation industry as The Walk Disney Company outgrew its Burbank Studio. Residents enjoy the excellent shopping and dining at the Americana at Brand which features 75 shops and restaurants and 18plex Theatre. The city's numerous highrated restaurants and attractions earned it a titled as the Los Angeles Neighborhood of the Year in Curbed Magazine.The property is metered separately for gas and electricity.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T21:31:45.67. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
www.homesinthehighdesert.com/homes/116798962
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1165 Thompson Avenue Glendale, CA 91201

  • Price: $8,100,000
  • Status: Active
  • Updated: 65 min ago
  • ID#: SR21095589
0
Beds
0
Baths
0
½ Baths
0.46
Acres
1969
Built
Neighborhood:
626 - Glendale-Northwest
County:
Los Angeles
Area:
626 - Glendale-Northwest
Property Description
We are proud to represent this pride of ownership 18-unit apartment building in Glendale.The property was built in 1969. Its unit mix consists of (2) one-bedroom, one-bathroom units, (10) two-bedroom, two-bathroomunits, (4) two-bedroom, two-and-a-half bathroom units, and (2) three-bedroom, two-and-a-half bathroom units. With a lot size of 20,087 square feet, the property has a total of 21,145 rentable square feet.The city of Glendale is a highly desirable rental market and was recently named as the neighborhood of the year by Curbs magazine. Glendale is a major production center for the entertainment and animation industry as The Walk Disney Company outgrew its Burbank Studio. Residents enjoy the excellent shopping and dining at the Americana at Brand which features 75 shops and restaurants and 18plex Theatre. The city's numerous highrated restaurants and attractions earned it a titled as the Los Angeles Neighborhood of the Year in Curbed Magazine.The property is metered separately for gas and electricity.
Exterior Features

Lot Features Front Yard Number Of Separate Electric Meters 18 Parking Total 18 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features SuburbanUrbanValley Electric Expense 27894 Fuel Expense 0 Garage YN Yes Gross Income 484968 Gross Scheduled Income 484968 Insurance Expense 5632 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New Loan Net Operating Income 313157 New Construction YN No New Taxes Expense 84518 Number Of Separate Gas Meters 18 Number Of Separate Water Meters 18 Operating Expense 162062 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Glr4

Listing provided courtesy of Cindy Hill of Keller Williams Encino-Sherman Oaks


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-17T21:31:45.67. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.
 
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RE/MAX Freedom
12180 Ridgecrest Rd. Building E Ste. 522
Victorville CA, 92395