421 Porter Street, Glendale, CA 91205
- $4,400,000
- List Price
- $4,400,000
- Status
- COMING SOON
- MLS#
- SR26171118
- Year Built
- 1987
- Lot Size
- 7,457
- Acres
- 0.17
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
INVESTMENT OPPORTUNITY YOU DO NOT WANT TO MISS! LOCATED IN THE HEART OF GLENDALE, THIS APARTMENT BUILDING IS A RARE GEM FOR INVESTORS! 9unit large townhouse style units. Great mixture of units 1: 3bed +2.5 bath SQFT 1557 /6: 2 bed +2.5 bath SQFT 1000/ 2: 1 bed +1.5 bath SQFT 800 has a subterranean garage with a total of 17 parking spots, copper plumbing, security intercom system, Central A/C and heating, each unit has their own meters and laundries. All the units have been recently remodeled. Cap Rate: 5.58% GRM: 14.58 *********************DRIVE-BY ONLY PLEASE DO NOT DISTURB TENANTS******************************************************
Additional Information
- Appliances
- Dryer, Washer
- Pool Description
- None
- Heat
- Forced Air
- Garage Spaces Total
- 17
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 9
- Gross Scheduled Income
- $301,800
- Operating Expense
- 44500
Listing courtesy of Listing Agent: Petros Gumrikyan (PetrosG4RE@gmail.com) from Listing Office: Pinnacle Estate Properties.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.