$3,850,000
827 Mariposa Street, Glendale 91205
2
Beds
1
Bath
10,139
Lot Size
10
# Of Units
Listing Agent
Levon Alexanian - Keller Williams World Media CenterThe offering represents the highest in-place-yielding apartments for sale currently in the city of Glendale* Owned and operated by the same family for over 2 decades, they have exerted extensive capital improvements throughout their tenure. The property consists of 2 story 1+1+Dens that are all functioning as as 2+1. All units have individual washer & dryer hookups and water heaters. Electrical is updated and the property is individually metered for gas & electricity. With an average in-place rent of $2,285, there is a significant loss to lease (11%+) Additionally, the incorporating of potential (2) 1+1 ADUs in th parking lot, can take a new buyer’s pro forma yield to 7.5%* Casa De Mariposa with a WalkScore of 91! is situated less than 1 mile to Americana at Brand and all of the robust shopping dining & entertainment along downtown Glendale. (*) buyer to verify. For the offering memorandum or any questions, call Greg Alexanian.
Facts & Features
MLS® # | SR24080276 |
---|---|
Price | $3,850,000 |
Bedrooms | 2 |
Bathrooms | 1.00 |
Lot Size | 10,139 |
Year Built | 1927 |
Type | Residential Income |
Sub-Type | Apartment |
Status | Active |
# Of Units | 10 |
Community Information
Address | 827 Mariposa Street |
---|---|
Area | 628 - Glendale-South of 134 Fwy |
City | Glendale |
County | Los Angeles |
Zip Code | 91205 |
Amenities
Is Waterfront | No |
---|---|
Has Pool | No |
Pool | None |
Interior
Has Basement | No |
---|---|
Fireplace | No |
# of Stories | 2 |
Stories | Two |
Exterior
Lot Description | 6-10 Units/Acre |
---|
Additional Information
Date Listed | April 22nd, 2024 |
---|---|
Days on Market | 13 |
Zoning | GLR4YY |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Levon Alexanian |
---|---|
Office | Keller Williams World Media Center |