121 S Jackson, Glendale, CA 91205

$1,995,000

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List Price
$1,995,000
Status
ACTIVE
MLS#
BB26051206
Year Built
1960
Lot Size
7,532
Acres
0.17
Lot Location
0-1 Unit/Acre
Days on Market
106
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

5 Unit Multifamily opportunity in PRIME Glendale location. Each unit offers 1 bedroom and 1 bathroom with established month to month tenants in place. The existing structure presents a strong redevelopment opportunity for investors seeking long-term upside in one of the most desirable rental markets in Los Angeles County. Situated in the highly sought after neighborhood known for its vibrant downtown, premiere shopping at the Americana at Brand and Glendale galleria, excellent dining, and convenient freeway access. Rare chance to acquire a value-add or potential rebuilt sight in a city with strong rental demand and continued growth. Outstanding future potential in an exceptional location.

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$79,884
Operating Expense
17154

Listing courtesy of Listing Agent: Karol Kochova (Karol@kochproperties.com) from Listing Office: Koch Properties, Inc..

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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.