Closed Listing
15 Units in Glendale Sold @ 15.34 GRM
2022 eleanore
sold in
Glendale
Sold At
$
4,500,000
15
Number of Units
1983
Year Built
12,211
SF
Square Footage
16,201
SF
Lot Size
GLR4
Zoning
2022 Eleanore Dr, Glendale, CA 91206
About the Property
2022 Eleanore Dr. is a 15 unit building that includes a 2-bedroom townhome making it ideal for an owner-user. In addition, the property consists of seven 2-bedroom units and seven 1-bedroom units. Broker has only inspected the exterior of the property. Further inspections on the interiors and mechanical operations will be needed. The property allows an investor the opportunity to own a cash flowing property that has been well maintained and is a turn key asset.
A unique opportunity to own a beautifully maintained apartment complex in the Chevy Chase Canyon area of Glendale.
A turnkey, cash flowing asset.
Strong demographic in the area coupled with new development, low vacancy, and increased population projections all provide for a robust outlook for rental growth.
Separate hot water heaters in each unit.
2022 Eleanore Dr.
Glendale
Offering Price
$4,500,000
Number of Units
15 Units
Price per. Unit
$300,000
Bldg. Size
12,211 SF
Price per Foot
$369
Lot Size
16,201 SF
Year Built
1983
Current CAP
4.15%
Market CAP
6.02%
Zoning
GLR4
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$300,000
Price p/ Sq. ft.
$369
Proforma Cap Rate
6.02%
Contact
Sales agent
Related
Closed Listings
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