Arto Poladian
This listing was posted on RealtyWW.
$1,375,000
Home For Sale In Glendale, California
Price:
$1,375,000
BR/BA:
4 BR, 2 BA
Location:
1213 Mariposa St, Glendale, CA
Description:
INCREDIBLE PRICE FOR A REAL FIVE UNIT BUILDING. FIX AND SAVE. PRIME GLENDALE ADAMS HILL/ADAMS SQUARE MULTI UNIT FIXER OPPORTUNITY. HUGE UPSIDE POTENTIAL!! FIRST TIME ON THE MARKET IN 20+ YEARS. UNDER MARKET RENTS TREMENDOUS POSSIBILITIES. ZONED GLR4YY. Five units total PLUS a converted garage studio. Breakdown is as follows: One - 3 bedroom/2 bath front house (NOW VACANT). One - 1 bedroom/1 bath unit (LEASED). THREE separate studio units (TWO ON MONTH TO MONTH and one gutted/vacant), plus a converted garage studio (WILL BE DELIVERED VACANT after COE). One of the studio units is vacant and gutted, and ready to be renovated. NEWLY UPDATED 1 BED/1 BATH UNIT - JUST REDONE (SEE NEW PICS). Lots of room for improvement. THREE total structures on the lot. Please do not disturb tenants or go on property. Front house built in 1912 - middle units built in the 1950's - stand alone unit built in 1960's. DO NOT MISS YOUR CHANCE!! Active rents at this time are approximately $3787 TOTAL per month BUT this does not include newly vacant front house (which will easily double incoming rents), plus detached studio. CASH/HARD MONEY OR STRONG DOWNPAYMENT ONLY AS THIS IS WILL REQUIRE A COMMERCIAL LOAN BECAUSE IT IS 5 UNITS.For more details: https://realtyww.info/homes_glendale-d523985/for-sale_i71983221
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More About this Listing: Home For Sale In Glendale, California
Home For Sale In Glendale, California is a Four Bedroom Two Bath Single-Family Homes for Sale at 1213 Mariposa St in Glendale CA. Find other listings like Home For Sale In Glendale, California and listings near 1213 Mariposa St by searching Oodle Classifieds for Four Bedroom Two Bath Single-Family Homes for Sale in Glendale CA.
Home For Sale In Glendale, California is a Four Bedroom Two Bath Single-Family Homes for Sale at 1213 Mariposa St in Glendale CA. Find other listings like Home For Sale In Glendale, California and listings near 1213 Mariposa St by searching Oodle Classifieds for Four Bedroom Two Bath Single-Family Homes for Sale in Glendale CA.