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Sold for $3,400,000 on 12/16/22
  • Listing Provided by: 

    David Stevenson DRE #01228475 818-956-7001,

    Stevenson Real Estate Services

    $3,400,000

    1044 Linden Ave, Glendale, CA 91201

    --beds
    --baths
    8,000sqft
    Multi Family
    Built in 1985
    -- sqft lot
    $3,407,800 Zestimate®
    $425/sqft
    $2,345 Estimated rent

    What's special

    Wonderful opportunity to acquire a very well maintained multi-family income property in the Grandview neighborhood of Glendale; the property is comprised of eight (8) two (2) bedroom, two (2) bathroom units of approximately 1,000 square feet each (per Assessor); all tenants are month-to-month; the building was constructed in 1985; the units are separately metered for gas and electricity; new central hot water heater in 2018; new laundry machines (Speed Queen) in 2020;generous upside in rents; semi-subterranean parking garage striped for fourteen (14) parking spaces, but there are two (2)additional, parallel spaces that have been demarcated and are used by the tenants; all eight (8) central HVAC units were replaced in the last twelve (12) months; roof replaced in 2020; new elastomeric deck system installed in 2020; sewer connection in the public right-of-way has been replaced; four (4) units upgraded in terms of flooring, counter tops and cabinetry; located just south of Glenoaks Boulevard and east of Alameda Avenue near Downtown Burbank; less than 1/3 of a mile to Trader Joe’s and Walgreens See attached brochure for complete information.

    Zillow last checked: 7 hours ago

    Listing updated: December 17, 2022 at 12:56pm

    Listing Provided by:

    David Stevenson DRE #01228475 818-956-7001,

    Stevenson Real Estate Services

    Bought with:

    Arthur Ambarchyan, DRE #01351863

    National Properties

    Source: CRMLS,MLS#: GD22208446MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 8,000
    • Total interior livable area: 8,000 sqft

    Property

    Parking
    • Total spaces: 14
    • Parking features: Garage
    • Garage spaces: 14
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 7,926 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5624008040
    • Zoning: GLR4*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Sidewalks
    Location
    • Region: Glendale

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    Services availability
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    Estimated market value

    $3,407,800