125 E Fairview Avenue Pending

Glendale,CA 91207

$ 4275000

- Bed

0 Bath

10295 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 10,295 sqft

Price per Sqft $415

MLS Listing ID CRSR25094328

HOA Y/N No

Year Built 1986

Lot Size 8,497 Sqft

Acres 0.2

Property Sub-Type Other

Property Description

The building was built in 1986 with great floorplan of 10,295 sq ft over subterranean parking. The asset incorporates Central AC, gated access control and parking, and private balconies. A remarkable unit mix of (1) 3+2.5 approx 1,600 sq ft townhouse style unit with washer dryer inside the unit, and the remaining (8) units are all 2+2 with spacious floor plans. There is a significant rental upside due to the location, size and quality of the offering. Rarely is there turnover, the area feels like a historical vacancy-proof pocket. The current ownership has done a great job of managing the asset, recently replacing the roof, replacing all 9 AC units, replacing the garage gate along with motor and sensors and currently upgrading the intercom system to a Akuvox X912 with a C313W-2 in apartment touch screen audio and video display. Situated in the most sought-after part of Glendale, the 91207 zip code median home price is $1,800,000. Tenants enjoy the ability to walk to Trader Joe’s Coffee Bean, Walgreens in addition to a plethora local shops, cafes, eateries and services. 1 block away is the posh Mya rooftop restaurant and lounge which over looks the city’s skyline. There are also several school options within walking distance as well. Brand Boulevard, the cross street named aft

Location

State CA

County Los Angeles

Zoning GLR4

Interior

Fireplace No

Laundry Other

Building

Sewer Private Sewer

Water Private

New Construction No

Others

Tax ID 5644011008

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