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950 N Louise Street

Glendale, CA 91207

PRICE REDUCED

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-$700,000 (-6.09%)

$10,800,000

List Price

52

bed Beds

49

shower Baths

34,700 sqft

straighten / sqft

1967

calendar_month Built

Property Description

A truly unique and rare opportunity to purchase a twenty-five (25) unit apartment building located in prime Glendale, resting in the hills above Glenoaks. Originally constructed in 1967, the property features one building with three floors. The property features large and spacious units with an average size of 1,388 square feet and a unit mix of twenty-one (21) 2 bedroom 2 bathroom units, three (3) 3 bedroom 2 bathroom units, and one (1) 1 bedroom 1 bathroom non-conforming unit. Each unit comes with a storage locker (located in the laundry room), one assigned parking space (select units have 2 spaces, and a private patio/balcony. Landlord pays electrical utility bill for the for the common AC System. Each unit has its own thermostat and coil system. The laundry machines are owned. Seventeen (17) units have been upgraded over the years with hardwood floors and granite countertops. Common area amenities included secured parking and on-site coin operated laundry facilities, common A/C Tower with Chiller and common boiler. Units are separately metered for electricity, and do not feature gas. The only gas portion of the building is for the boiler. Ownership has spent over $1,000,000 on capital improvements.

Listing Information

List Price $10,800,000
Status Active
MLS 24416677
Type Residential Income
Year Built 1967
Lot Size 17,038
Structure Size 34,700
DOM 42
Courtesy Of Andy Anubhav Kawatra
Listing Agent Andy Anubhav Kawatra DRE#01881930

Interior Features

Total Bedroom
Bedrooms 52
Total Bathroom
Bathrooms 49
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

home_work Nearby Properties

Image

$1,995/month

king_bed 1
shower 1
straighten 650
straighten 7,551
943 N Louise Street, #2,

Glendale, CA 91207
Image

$2,875/month

king_bed N/A
shower N/A
straighten N/A
straighten 10,216
301 E Glenoaks Boulevard, #8,

Glendale, CA 91207
Image

$487,900

king_bed 1
shower 1
straighten 705
straighten 20,045
1124 B N Louise Street, #B,

Glendale, CA 91207
Image

$1,199,000

king_bed 3
shower 3
straighten 2,171
straighten 38,238
222 Monterey Road, #1406,

Glendale, CA 91206
Image

$1,795/month

shower 1
straighten 656
straighten 10,912
400 E Stocker Street, #8,

Glendale, CA 91207

Listing information courtesy of: Andy Anubhav Kawatra, Andy Anubhav Kawatra . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 23rd, 2024 at 4:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.