Located ideally in the heart of Glendale is this completely remodeled and stabilized 5 unit apartment building ready to be the trophy property. The 2026 scheduled gross income is $196,573 after a modest 5% rent increase. The unit mix is balanced with three 2/2 units, one 3/2 unit, one 1/1 unit. Some of the updates include new kitchens, bathrooms, flooring, central AC & heating, laundry in each unit, paint inside and out, water heaters, 400 amp panel, plumbing. All appliances are included. 5 car detached garage. Convert all or part of the garage into an ADU or build one on top (Buyer to verify). Tenants pay for their own electricity and gas.
Listing courtesy of Listing Agent: Aram Gaboudian (aramrealestate@gmail.com) from Listing Office: Keller Williams Los Angeles.
Listing sold by Aram Gaboudian from Keller Williams Los Angeles
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