34.135197 -118.24293

1001 E ACACIA Avenue Glendale, CA 91205

253605105 34.135197 -118.24293 124 /listing/253605105-150572641/1001-e-acacia-avenue-glendale-ca-91205 False 0 3325000.0 105 19521316 False
  • $3,325,000
  • 8,254 lot
  • Est payment $17849.32/mo

Property & Neighborhood Info

Courtesy Of Roderick 'Rick' Raymundo, Marcus & Millichap

Multi-Family in Glendale

We are pleased to announce the sale of 1001 E Acacia Avenue, an 11-unit multifamily property located in the thriving city of Glendale, CA. The property has been recently modernized, with several new capital improvements to help boost both the property's intrinsic value and its future cash flow. Select apartments have been fully updated with high-end features, including luxury vinyl plank flooring, new kitchen cabinets, stainless steel appliances, and commercial kitchen sink faucets. Upgraded units also feature modern bathroom fixtures, new sink vanities, new toilets, and new ceiling fans. Brand new laundry facilities were installed, which provide an additional income stream for the future owner.The front of the property was recently landscaped and surrounded by a privacy hedge, providing a more secluded outdoor area for one apartment, which in turn has produced higher rent. A brand new coating was applied to the driveway, to help further reduce future maintenance costs.

Courtesy Of Roderick 'Rick' Raymundo, Marcus & Millichap
  1. 8,254 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1961
  • Floors: 2
  • County: Los Angeles County
  • Units: 11
  • Zoning: GLR4YY
  • MLS Number:19521316

Additional Features

  • Laundry:
    • See Remarks
  • Land Size Source:
    • Assessor
  • Lot Features:
    • Sprinklers None
  • Parking:
    • Covered
  • Number of Buildings:
    • 1
  • Net Operating Income:
    • 143464.00
  • CDOM:
    • 90
  • Assessments:
    • None
  • Special Conditions:
    • Standard
  • Gross Operating Income:
    • 221770.00
  • Land Value:
    • 1035555
  • Listing Key:
    • 363598800
  • Lot Size Acres:
    • 0.1895
  • Lot Size Square Feet:
    • 8254.00
  • Price Per SQFT:
    • 545.44
  • Tax ID:
    • 5675030033
  • Total Expenses:
    • 71714.00
Neighborhood info courtesy of Homes.com © 2020

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$38,769.95*
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RE/MAX United
(858) 549-2700
10650 Scripps Ranch Blvd. San Diego CA 92131
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34.135197 -118.24293

1001 E ACACIA Avenue Glendale, CA 91205

253605105 34.135197 -118.24293 124 /listing/253605105-150572641/1001-e-acacia-avenue-glendale-ca-91205 False 0 3325000.0 105 19521316 False
  • $3,325,000
  • 8,254 lot
  • Est payment $17849.32/mo