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1117 Linden Avenue
USD 6,650,000
Property ID: 23292563
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1117 Linden Avenue ,91201
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icon 13395 SqFt
icon Built in 1986
icon USD 496/SqFt
icon 32 Beds
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
32
Bathrooms
0
Interior Size
14706
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1986
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Detailed Introduction Of This Home
The Sterman Multi-Family Group of Marcus & Millichap is pleased to present 1117 Linden Ave, a 17 + 1 unit apartment building located in Glendale, a neighborhood in the San Fernando Valley. Built in 1986, the property consists of two (2) one-bedroom + one-bathroom units and fifteen (15) two-bedroom+ two-bathroom units. Additionally, the building has an additional non-conforming unit that could potentially be legalized into a two-bedroom + two-bathroom unit (buyer to do own investigation).1117 Linden Ave is located on a charming, tree-lined street in Glendale. There is no shortage of activities to explore in the area. From shopping at the Burbank Town Center or Glendale Galleria to exploring Griffith Park and Stough Canyon, just a few miles away. Glendale lies at the eastern end of the San Fernando Valley, the location provides convenient access to the 134 and 5 freeways, further extending the area's connectivity to the rest of Los Angeles.1117 Linden Ave represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 3.49% with the ability to improve to a 6.09% CAP rate once units turnover.
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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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1117 Linden Avenue
USD 6,650,000 32 Beds
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