1642 S Central, Glendale, CA 91204
- $4,399,000
- List Price
- $4,399,000
- Status
- ACTIVE
- MLS#
- GD26103156
- Year Built
- 1915
- Lot Size
- 9,962
- Acres
- 0.23
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 78
- Property Type
- Multifamily
- Style
- Contemporary
- Property Sub Type
- Mixed Use
Property Description
We are pleased to exclusively present for sale a premiere Development Opportunity in the City of Glendale. This is the mixed-use 31 units apartment complex project. There is a fantastic opportunity for an investor/developer to acquire and build dream contemporary income property and take advantage of strong rent growth and positive market momentum in a dynamic Glendale City. There are only 3 low-income units in this approved project. Total square footage of building: 40,240 sq. ft.
Additional Information
- Pool Description
- None
- Garage Spaces Total
- 17
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 31
- Gross Scheduled Income
- $1,520,000
- Operating Expense
- 45601
Listing courtesy of Listing Agent: Armen Saroyan (armenhouses@gmail.com) from Listing Office: SARO Realty Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.