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Listings

1245 5th St

Glendale, CA

Sold for $1,805,300

  • Lot Area 8779 sq ft.
  • Floor Area 4052 sq ft.
  • Bed 8
  • Baths 4
  • Year Built1966
  • Zip Code91201

Presenting for the first time on the market in over 40 years, a marvelous investment opportunity in the sought-after city of Glendale! Located just above Glenoaks Blvd, this 4,052-sqft two-story Quadruplex provides a carport area with comfortable room four (4) cars total, a tenant shared laundry room located next to the carport, and newer roof. At present, all four large units are tenant occupied. Each unit measures approximately 1,015-sqft and provides 2-bedroom, 1-bathroom each with a Total monthly gross of $7,450. Each tenant pays for their own electric and gas expenses while the Landlord covers the cost of water, trash, and common area electricity, which approximately totals to $300 per month. Centrally located to Downtown Burbank and Downtown Glendale, nearby all the major motion picture studios, 5 and 134 Freeway access, local cafes and dining, and much more.

Location

Raffi Soualian, JohnHart Real Estate *Based on information from the Association of REALTORS/Multiple Listing as of Dec 09 2021 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.