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Los Angeles, CA 90026 907 Glendale Boulevard

$2,575,000

907 Glendale Boulevard Los Angeles, Ca - Image 1907 Glendale Boulevard Los Angeles, Ca - Image 2907 Glendale Boulevard Los Angeles, Ca - Image 3
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907 Glendale Boulevard Los Angeles, Ca - Image 4907 Glendale Boulevard Los Angeles, Ca - Image 5907 Glendale Boulevard Los Angeles, Ca - Image 6907 Glendale Boulevard Los Angeles, Ca - Image 7
Presented By: Andres Diaz with Keller Williams Downtown LA;
  • MLS# 23292227
  • 07/19/2023
  • Request Tour
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  • BedBeds • 4
  • BathBaths • 10
  • FootageSQFT • 4,312

Home Details

Highly sought after bungalow structures located directly across Echo Park Lake. The opportunity consists of five (5) structures for ten units including six (6) studio units and four (4) one-bedroom units. There is approximately thirty-eight (38%) percent rental upside that can be achieved through unit turnover. In addition, there are four (4) single car garages allocated to the one-bedroom units. More importantly, there is assumable financing at a fixed rate of 3.66% till 2032 which is extremely attractive relative to today's capital markets.
Presented By: Andres Diaz with Keller Williams Downtown LA;

Interior Features for 907 Glendale Boulevard

Bedrooms

Total Bedrooms4

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths10

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixBoulevard
Total Stories1

General for 907 Glendale Boulevard

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
CoolingWallWindowUnits
CountyLos Angeles
Days on Market75
Directionssouth of Sunset Boulevard, across Echo Park Lake.
Garage Y/NNo
Gross Income168804.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet7500.0
MLS AreaC21 - Silver Lake - Echo Park
MobileHomeRemainsYNNo
Net Operating Income103066.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameGlendale
Total Units10
View Y/NNo
Waterfront Y/NNo
Year Built1923
ZoningLARD2

Exterior for 907 Glendale Boulevard

Building Area Total4312.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1722
Lot Size Area7500.0
Lot Size UnitsSquareFeet
Number of Buildings5
Open Parking Y/NNo
Parking FeaturesAssigned
SpaNo
Total Parking4.0

Additional Details

Price History

1527188455

First Team Client Services

Price $2,575,000
MLS#23292227
List Date 07/19/2023
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors