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547 South Street, Glendale, CA, 91202

547 South Street
$2,650,000

Key Information

Cap Rate
4.73%
$ per SF
$547
Tot. SF
4,839
$ per unit
$530,000
Units
5
Year Built
1958
Type
Apartments
Occupancy
100%
NOI
$125,449

Highlights

  • PLEASE DO NOT WALK THE PROPERTY OR DISTURB OCCUPANTS
  • Pride-Of-Ownership Asset: Located in a prime Glendale 91202 neighborhood, this property reflects true pride of ownership and has been meticulously maintained.
  • Owner-User Opportunity: Rare chance to acquire a large front residence ideal for owner-users seeking supplemental rental income.
  • Strong In-Place Income: The property offers strong in-place income with additional rental upside potential.
  • Desirable Unit Mix: Features a highly desirable two-bedroom unit mix, appealing to a broad tenant base.
  • Walkable Location: Walking distance to Kenneth Village and Brand Park, providing convenience and lifestyle amenities.
  • Limited Supply: Limited Glendale multifamily supply supports long-term rental demand and value stability.

Photos

Location

Agents

Broker of Record

David Harrington

License # 02168060 (CA), 01320460 (CA)
Matthews Real Estate Investment Services, LLC
1600 West End Ave, Ste. 1500 Nashville, TN 37203