227 Justin Avenue Glendale, CA 91201
Built in 1957, the property consists of a great unit mix of two (2) studio, one bathroom units, ten (10) one-bedroom, one bath units, and two (2) two-bedroom, one bath units. The units are spread out over 8, 988 square foot of gross leasable area. The units are separately metered for gas and electricity. Individual parking spaces are located on the ground floor along with the communal laundry room. The investment is offered at an attractive cap rate along with upside in the rents. The loss-to-lease is more easily achieved with AB1482 rent control. Delivered with 2 vacant units. Please contact listing agents for offering memorandum.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site16 Days
- MLS StatusActive
- MLS ID Number24391817
- Home Size Source N/A
- Year Built1957
- Lot Size0.1699 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Mid Century Modern
- Construction Stucco
- Parking AssignedCarport
- Parking Spaces 14
- Sewer Other
- Number of Stories Multi/Split2
- Acreage 0.1699
- Security Carbon Monoxide Detector(s)Smoke Detector(s)Gated Community
- Garage Spaces 0
- Zoning GLR4H*
- Listing Conditions Standard
- Direction Faces South
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating Wall Furnace
- Appliances RefrigeratorRange
- Fireplace Features None
- Laundry Features CommunityIn Carport
- Fireplace No
Exterior Features
- View Hills
- Spa No
- Pool Features None
- Spa Features None
Community Features
- Senior Community No
- MLS Area 626 - Glendale-Northwest
- Security Features Carbon Monoxide Detector(s)Smoke Detector(s)Gated Community