3221 Altura Avenue, Glendale, CA 91214
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Sold Price :
$5,600,000
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Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1964
Property Description
Amazing opportunity to own a gem in Glendale/La Crescenta area walking distance to Lincoln Elementary and Crescenta Valley High school. This building was constructed in 1964 and consists of two buildings, i.e. a 15 unit and a 14 unit, on the same lot. There are (19) 2+1, (6) 2+2 and (3) 3+2, (1) 0+1 NC units on a 36,716 SQFT lot in a 27,080 Sqft improvement. Five of 2+1 units are extra-large and command higher rents. The windows have been replaced with energy-efficient Vinyl ones and the roof is also a few years old. There is a beautiful swimming pool servicing the valued tenants with a family and barbeque area In the rear. There are ample parking for all of the residents on the grounds, either tuck under or surface parking. The property has a historically high occupancy rate and a new owner can take over and achieve an above market return for the city of Glendale by enhancing use intensity, and continued improvement and modernization.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Flooring Information |
Material |
Laminate, See Remarks |
Interior Information |
Features |
Tile Counters, Balcony |
Cooling Type |
Wall/Window Unit(s) |
Listing Information
Address |
3221 Altura Avenue |
City |
Glendale |
State |
CA |
Zip |
91214 |
County |
Los Angeles |
Listing Agent |
George Yessaie DRE #01893333 |
Courtesy Of |
JohnHart Real Estate |
Close Price |
$5,600,000 |
Status |
Closed |
Type |
Residential Income |
Structure Size |
N/A |
Lot Size |
36,716 |
Year Built |
1964 |
Listing information courtesy of: George Yessaie, JohnHart Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 7th, 2019 at 5:49 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.