Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    227 Justin Avenue, Glendale, CA 91201
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    227 Justin Avenue
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    • MLS#: 24391817 ( )
    • Street Address: 227 Justin Avenue
    • Viewed: 28
    • Price: $3,595,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1957
    • Bldg sqft: 0
    • Days On Market: 325
    • Additional Information
    • County: LOS ANGELES
    • City: Glendale
    • Zipcode: 91201
    • Provided by: Lyon Stahl Investment Real Estate, Inc.
    • Contact: William William
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Built in 1957, the property consists of a great unit mix of two (2) studio, one bathroom units, ten (10) one bedroom, one bath units, and two (2) two bedroom, one bath units. The units are spread out over 8,988 square foot of gross leasable area. The units are separately metered for gas and electricity. Individual parking spaces are located on the ground floor along with the communal laundry room. The investment is offered at an attractive cap rate along with upside in the rents. The loss to lease is more easily achieved with AB1482 rent control. Delivered with 2 vacant units. Please contact listing agents for offering memorandum.
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    Features
    Appliances
    1. Refrigerator
    2. Range
    Architectural Style
    1. Mid Century Modern
    Building Area Total
    1. 8988.00
    Carport Spaces
    1. 14.00
    Construction Materials
    1. Stucco
    Cooling
    1. Wall/Window Unit(s)
    Country
    1. US
    Direction Faces
    1. South
    Fireplace Features
    1. None
    Garage Spaces
    1. 0.00
    Heating
    1. Wall Furnace
    Laundry Features
    1. Community
    2. In Carport
    Levels
    1. Multi/Split
    Netoperatingincome
    1. 202034.00
    Parcel Number
    1. 5626011020
    Parking Features
    1. Assigned
    2. Carport
    Pool Features
    1. None
    Postalcodeplus4
    1. 2926
    Security Features
    1. Carbon Monoxide Detector(s)
    2. Smoke Detector(s)
    3. Gated Community
    Sewer
    1. Other
    Sourcesystemkey
    1. 24-391817:CLAW
    Spa Features
    1. None
    Tenant Pays
    1. Electricity
    2. Gas
    Totalexpenses
    1. 81015.00
    Uncovered Spaces
    1. 0.00
    View
    1. Hills
    Views
    1. 28
    Year Built
    1. 1957
    Zoning
    1. GLR4H*
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836