1245 5th St
Glendale, CA 91201
Sold for $1,805,300
Beds: 8 Baths: 4 Structure Size: 4,052 sqft Lot Size: 8,779 sqft
MLS | 320007439 |
Year Built | 1966 |
Property Type | Residential Income |
Property Subtype | MultiFamily |
County | Los Angeles |
Status | Sold |
Sold | $1,805,300 |
Structure Size | 4,052 sqft |
Lot Size | 8,779 sqft |
Beds | 8 |
Baths | 4 |
Description
Presenting for the first time on the market in over 40 years, a marvelous investment opportunity in the sought-after city of Glendale! Located just above Glenoaks Blvd, this 4,052-sqft two-story Quadruplex provides a carport area with comfortable room four (4) cars total, a tenant shared laundry room located next to the carport, and newer roof. At present, all four large units are tenant occupied. Each unit measures approximately 1,015-sqft and provides 2-bedroom, 1-bathroom each with a Total monthly gross of $7,450. Each tenant pays for their own electric and gas expenses while the Landlord covers the cost of water, trash, and common area electricity, which approximately totals to $300 per month. Centrally located to Downtown Burbank and Downtown Glendale, nearby all the major motion picture studios, 5 and 134 Freeway access, local cafes and dining, and much more.
Listing information courtesy of: Raffi Soualian, JohnHart Real Estate *Based on information from the Association of REALTORS/Multiple Listing as of 10/31/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.