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117 Magnolia Avenue
USD 1,799,000
Property ID: 23313435
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117 Magnolia Avenue ,91204
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icon 10192 SqFt
icon Built in 1939
icon USD 177/SqFt
icon 6 Beds
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
6
Bathrooms
0
Interior Size
3488
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1939
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Detailed Introduction Of This Home
You don't want to miss this one! Prime location adjacent to Lexus of Glendale and Auto Row. Less than 1 mile south of the Americana. Fantastic opportunity to own a well cared for six unit multifamily property that has been in the same family for over 25 years. Nestled on a tree lined street off Brand Blvd, all 6 units are 1BR+1BA and range between 570 - 606 SF each (per title). Built in the late 1930's, the property has charming original features such as bay windows, curved ceilings, tile mosaics, built ins, and more. Some units have newer upgrades such as laminate wood floors, and the electrical has been upgraded throughout. Additionally, there is a laundry room and garages in the rear. The property was originally built as apartments and converted to "Own Your Owns" in the 1950's. Each unit has it's own separate parcel number, but they are not condos as there is no tract map or HOA. The property represents a unique investment property with almost 20% upside in rents. One unit is currently vacant, call for a marketing package and rent roll.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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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
1 of 16
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Photos (16)
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117 Magnolia Avenue
USD 1,799,000 6 Beds
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