1523 Rock Glen Avenue

    Glendale, CA 91205
    • $1,500,000
    • STATUS: Active
    • ON SITE: 134 days
    • ID#: SR18245243
    UPDATED: 9 min ago
    $1,500,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,839
      SQFT
    • $528
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1941
    County:

    School Ratings & Info

    Description

    the well-appointed fourplex at 1523 Rock Glen Avenue in the City of Glendale, California. Situated in a great location, the property is comprised of four 1-bed/1-bath units and one non-conforming studio that together come to more than 2,800 square feet of rentable space on 10,439 square feet of land. This one-story fourplex has been well maintained since it was built in 1941 and offers its residents an on-site laundry facility and 4 parking spaces. The property is easy to manage with no need for an on-site manager. Furthermore, the property is thought to have mostly copper plumbing and is separately metered for gas and electricity. Located on a quiet street south of Colorado Boulevard and east of Verdugo Road, the building sits mere minutes from the 134 Freeway and State Route 2.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T12:36:35.593. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/88329393

    1523 Rock Glen Avenue Glendale, CA 91205

    • Price: $1,500,000
    • Status: Active
    • Updated: 9 min ago
    • ID#: SR18245243
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    2,839
    SQFT
    $528
    $/SQFT
    1941
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    the well-appointed fourplex at 1523 Rock Glen Avenue in the City of Glendale, California. Situated in a great location, the property is comprised of four 1-bed/1-bath units and one non-conforming studio that together come to more than 2,800 square feet of rentable space on 10,439 square feet of land. This one-story fourplex has been well maintained since it was built in 1941 and offers its residents an on-site laundry facility and 4 parking spaces. The property is easy to manage with no need for an on-site manager. Furthermore, the property is thought to have mostly copper plumbing and is separately metered for gas and electricity. Located on a quiet street south of Colorado Boulevard and east of Verdugo Road, the building sits mere minutes from the 134 Freeway and State Route 2.
    Exterior Features

    Garage Spaces 4.00 Lot Features Lawn Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Community Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 3.67 Community Features Sidewalks Country Us Electric Expense 1000.00 Elevation Units Feet Fuel Expense 600.00 Gardener Expense 840.00 Gross Income 85020.00 Gross Multiplier 17.79 Gross Scheduled Income 84300.00 Insurance Expense 1500.00 Land Lease YN No Laundry Income 720.00 Laundry YN Yes Maintenance Expense 3000.00 Net Operating Income 55044.00 New Construction YN No New Taxes Expense 18750.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Operating Expense 28290.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 28290.00 Trash Expense 0.00 Vacancy Allowance 1686 Water Sewer Expense 2600.00 Water Source Public Year Built Source Assessor Zoning Glr4yy

    Listing provided courtesy of Reza Ghobadi of Reza Ghobadi


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-21T12:36:35.593. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024