404 Lincoln Avenue, Glendale, CA 91205

$4,950,000

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List Price
$4,950,000
Price Change
▼ $249,000 1783650141
Status
ACTIVE
MLS#
GD26024347
Year Built
1987
Lot Size
11,905
Acres
0.27
Lot Location
0-1 Unit/Acre
Days on Market
178
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

Investors Dream! An incredible Residential Income property in Glendale is all that you have been waiting for. All units have a washer/dryer hook ups and central AC. LOW RENTS, which is a great upside for this investment. This is a well-kept 14 unit building that features a nice secured community parking structure and a controlled accessed entry. The units have wonderful open floorplans with laminate flooring, storage space, plus central AC and Heating. Owner just installed a brand new roof! Glendale Unified School District. Amazing location. A short distance from Target, Ralphs, Sprout Farmers Market, In-N-Out Burger and more. Close to the 134 and 2 freeways

Additional Information

Pool Description
None
Garage Spaces Total
25
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
14
Gross Scheduled Income
$387,000
Operating Expense
101213

Listing courtesy of Listing Agent: Albert Babayan (albert@thecondopeople.com) from Listing Office: JohnHart Real Estate.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.