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Sold for $1,924,000 on 11/27/24
  • Listing Provided by: 

    Marc Schwartz DRE #01074603 661-297-1925,

    Berkshire Hathaway HomeServices California Properties

    $1,924,000

    1415 Cosmic Way, Glendale, CA 91201

    --beds
    --baths
    5,523sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $1,889,400 Zestimate®
    $348/sqft
    $3,357 Estimated rent

    What's special

    REDUCED! Situated in the heart of Glendale, California, this charming 6-unit apartment complex occupies a coveted corner lot, offering both convenience and tranquility to its residents. Nestled within a vibrant neighborhood, it enjoys proximity to shopping centers, restaurants, entertainment venues, and excellent schools, making it an ideal choice for those seeking a blend of urban amenities and suburban charm. Exterior upgrades were recently done with the entire building that boasts a fresh coat of paint that revitalizes its facade, enhancing its curb appeal and creating a welcoming atmosphere for both residents and visitors alike. Additionally, a newer roof has been installed, ensuring durability and protection against the elements, thus providing peace of mind to the tenants. All windows were replaced years ago, enhancing energy efficiency and providing a contemporary look. Newer electrical panels have been installed, offering improved electrical safety and capacity for the entire complex. The property boasts central heating and air conditioning, providing comfort to all the units year-round. The building features copper plumbing throughout, known for its reliability and longevity. Interior features 5 of the 6 units were remodeled with updated kitchens, flooring, and fixtures, offering modern amenities and stylish living spaces. The installation of central heating and air conditioning offers comfort to all residents, while the copper plumbing upgrade guarantees a dependable water supply. Its corner lot positioning allows for ample natural light to flood the interiors, creating bright and airy living spaces throughout. The building offers a diverse range of floor plans to accommodate various lifestyle preferences with large patios downstairs for 4 of the units and two patios for the top 2 units. Five of the units feature spacious two-bedroom layouts, thoughtfully designed to optimize space and functionality, providing residents with comfortable living areas and ample storage options. Additionally, one unit stands out as a generously sized three-bedroom upper apartment, perfect for larger households or individuals seeking extra space for work or leisure activities and a nice patio too. This apartment complex presents an excellent investment opportunity as it offers both immediate rental income and long-term value appreciation potential. The building's prime location offers convenient access to entertainment options and other major attractions in Glendale.

    Zillow last checked: 7 hours ago

    Listing updated: December 09, 2024 at 08:04pm

    Listing Provided by:

    Marc Schwartz DRE #01074603 661-297-1925,

    Berkshire Hathaway HomeServices California Properties

    Bought with:

    Karine Aslanian, DRE #01331967

    The Agency

    Source: CRMLS,MLS#: SR24104049MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Central, Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Free-Standing Range, Gas Water Heater
    • Laundry: Common Area, Laundry Room
    Features
    • Flooring: Carpet, Laminate, Vinyl
    • Windows: Double Pane Windows
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 5,523
    • Total interior livable area: 5,523 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Assigned
    • Garage spaces: 6
    Features
    • Levels: One,Two
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    • Spa features: None
    • Fencing: Fair Condition,Masonry,Privacy,Wood
    • Has view: Yes
    • View description: None
    Lot
    • Size: 8,445 sqft
    • Features: Irregular Lot, Landscaped, Sprinklers Timer, Sprinkler System
    Details
    • Parcel number: 5627014025
    • Zoning: GLR3YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick, Stucco, Copper Plumbing
    • Foundation: Slab
    • Roof: Flat,Rolled/Hot Mop
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer, Sewer Tap Paid
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Curbs, Street Lights, Suburban, Sidewalks
    Location
    • Region: Glendale

    HOA & financial

    Other financial information
    • Total actual rent: 10975

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Road surface type: Paved
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $1,889,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,889,400