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427 E Acacia Avenue
USD 2,135,000
Property ID: 24366387
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427 E Acacia Avenue ,91205
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icon 6855 SqFt
icon Built in 1959
icon USD 311/SqFt
icon 12 Beds
icon 6 Full
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Location Street View
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Interior Details
Bedrooms
12
Bathrooms
6
Interior Size
4618
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1959
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Detailed Introduction Of This Home
Presented alongside the neighboring 421 E Acacia Avenue building, the two properties are available either individually or as a portfolio. The entire building consists of two bedroom apartments with rents ranging from $2,025 to $2,075, while similar properties are achieving rents above $2,700. A new investor may be able to capture the approximately 27% rent upside more rapidly as the property is granted higher allowable rent increases via AB 1482, when compared to other assets subject to Los Angeles rent control. The buildings are surrounded by attractive shopping and dining options. Mere blocks east, tenants can enjoy boutiques, coffeeshops, and restaurants in historic Adams Square. Several retailers and restaurants line both Glendale Avenue and Brand Boulevard, both major streets being within two blocks of the property. Less than one mile north are both the upscale Americana at Brand shopping center and the recently remodeled Glendale Galleria shopping mall.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (14)
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427 E Acacia Avenue
USD 2,135,000 12 Beds
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