Cap Rate
4.36%
GRM
15.29
Price Per SF
$339
Price Per Unit
$212,500
Units
6
Gross SQFT
3,766
Year Built
1965
Property Type
Apartments
OPPORTUNITY
- Excellent Unit Mix + Retail/Office
- Well maintained asset with upside in rents
- Close proximity to employment, entertainment, and freeways
- Strong rental market
- Ideal owner / user investment
- Close to Atwater Village and Glendale
PROPERTY DESCRIPTION
- 3,766 Square foot building situated on a 5,079 square foot lot
- LAC4 Zoning
- Well maintained 6-unit mixed-use property with two retail units
- Separately metered for gas and electric
- Brand new master water heater
- Mostly upgraded, copper plumbing
- Stucco-wood frame construction with a stonework facade
- Majority of units have new windows