Wonderful opportunity for an owner-user or investor to acquire a well maintained multi-family income property in the Grandview neighborhood of Glendale; the property is comprised of one (1) three (3) bedroom, one and one quarter (1.25) bathrooms single family residence and four (4) one (1) bedroom, one (1) bathroom units; the single family residence is currently vacant and has a newer full bathroom and kitchen; one (1) of the one (1) bedroom, one (1) bathroom units has a newer kitchen; the house was constructed in 1923 and the additional four (4) one (1) bedroom units were built in 1960; the electrical in the house has been replaced and the four (4) one (1) bedroom units are on circuit breakers; almost all windows replaced on the house; entire property is copper plumbed; sewer line for both structures replaced to the street; central air conditioning in the house; wall heating and through-the-wall air conditioning for the four (4) one (1) bedroom units; the house has its own water heater; a central hot water heater serves the four (4) one (1) bedroom units; all units are separately metered for gas and electricity; parking is four (4) spaces in two (2) two (2) car, closed garages off the alley; soft story retrofit completed; laundry facility on site; generous upside in rents; located just south of Glenoaks Boulevard and east of Alameda Avenue near Downtown Burbank; less than 1/3 of a mile to Trader Joes and Walgreens; owner will consider carrying paper with a minimum of 1/3 down payment, terms to be negotiated
Wonderful opportunity for an owner-user or investor to acquire a well maintained multi-family income property in the Grandview neighborhood of Glendale; the property is comprised of one (1) three (3) bedroom, one and one quarter (1.25) bathrooms single family residence and four (4) one (1) bedroom, one (1) bathroom units; the single family residence is currently vacant and has a newer full bathroom and kitchen; one (1) of the one (1) bedroom, one (1) bathroom units has a newer kitchen; the house was constructed in 1923 and the additional four (4) one (1) bedroom units were built in 1960; the electrical in the house has been replaced and the four (4) one (1) bedroom units are on circuit breakers; almost all windows replaced on the house; entire property is copper plumbed; sewer line for both structures replaced to the street; central air conditioning in the house; wall heating and through-the-wall air conditioning for the four (4) one (1) bedroom units; the house has its own water heater; a central hot water heater serves the four (4) one (1) bedroom units; all units are separately metered for gas and electricity; parking is four (4) spaces in two (2) two (2) car, closed garages off the alley; soft story retrofit completed; laundry facility on site; generous upside in rents; located just south of Glenoaks Boulevard and east of Alameda Avenue near Downtown Burbank; less than 1/3 of a mile to Trader Joes and Walgreens; owner will consider carrying paper with a minimum of 1/3 down payment, terms to be negotiated