433 W Garfield Avenue, Glendale CA, 91204

Sold

433 W Garfield Avenue

Glendale CA, 91204

$2,025,000

$414.87 per sqft

Sold

4,881 sqft

Condo

Built in 1961

Listed by Levon Alexanian with Keller Williams World Media Center 818-239-3500

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 (r) 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 **

SR22246154

MLSⓇ ID

November 23, 2022

Listed

March 23, 2024

Updated

Map

433 W Garfield Avenue
Glendale CA, 91204

Interior Features

Laundry Description: Common Area
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.21 Acres
Lot Features: 2-5 Units/Acre
Sewer: Public Sewer

Other Property Details

Area Name: 628 - Glendale-South of 134 Fwy
Days on Market: 15
Garage: No
Parking Total: 0
View: No
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: GLR4YY
Buyer Agency Compensation: 2.5%

Listing Contact: 818-239-3500

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/23/2024 at 1:42 AM UTC