433 W Garfield AVE

GLENDALE, CA, 91204

$2,100,000

$430 per ft²
$2,100,000
$430 per ft²
Active
Active
 - For Sale
beds
5 Beds
baths
4 Baths
carpenters-square
4,881 ft²
property_type
Multi-family
calendar
Built 1961
We are pleased to present the Garfield Vista Apartments in Glendale for sale. Great upside potential, quite possibly the highest yield on market rents of any offering available for sale in Glendale. Market The front property is a 2+1.5 two story house renting for $1,780 in which the upstairs is being operated as a stand alone 1+1 with private entrance and private balcony renting at $1,300 non-conforming unit. The rear building house (4) 2+1 units renting at an average of $1,566. A new owner can continue operating with the 6 income streams or easily rent the front house as a 3+2.5 2 story home. With a Walk Score of 83, the property is very walkable and most errands can be accomplished on foot. Extensive capital improvements have been incorporated such as copper plumbing, updated electrical, pitched roofs and individual water heaters. The front house is a spacious living space with a great floor plan. Between both buildings is an open yard that can easily be updated with lounge furniture, a BBQ area, and a water feature to create a sense of community. There is on-site parking & laundry. Market GRM 13.6 & Market CAP 5.5% ** Contact listing agent for further details **
MLS® ID:
SR22246154CN
Listed:
11/22/22
Updated:
11/25/22

Interior Features

Total Bedrooms
5
Total Bathrooms
4
Laundry Description
Laundry Area

Exterior/Building Features

Lot Size
9,198 ft² lot
Sewer
Public Sewer

Other Property Details

Garage
No
Parking
N
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Zoning
GLR4YY

Courtesy of Keller Williams World Media Center, Levon Alexanian,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Mark Priceman shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/25/22

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