7-UNIT INCOME PROPERTY FOR THE SAVVY INVESTOR
Located in the desirable city of Glendale, Ca
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Located in the very desirable city of Glendale, this 7-unit property is ideally situated within close proximity to shopping and transportation. It is very accessible from the 134 and 5 freeways. Public transportation stops are within walking distance. The unit mix is six 2-bedroom 1-bath and one 1-bedroom 1-bath units. The building is fully rented. Five of the seven units have been completely renovated while the other two were partially done. Majority of the exterior light fixtures have been upgraded to LED. The building has been freshly painted. Efficient double-pane vinyl windows were recently installed on the front of the upstairs units. Tenants appreciate all the features and conveniences offered by 501 Alexander, It is a stable income-producing asset with upside potential. This makes it an excellent addition to a savvy investor's portfolio.
www.snappr.co/gallery/los-angeles-ca/real-estate/23-aug-2019/501-alexander-st--glendale
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Spacious Units |
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Five units have been fully renovated |
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New dual-pane front windows for the top units |
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Decking has been redone |
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Assigned Parking |
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Newly painted exterior |
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Newer A/C wall units for most units |
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Close to shopping and public transportation |
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MLS: |
SB19213883 |
Sq
Ft: |
6084 |
Yr
Built: |
1963 |
Asking: |
$2,500,000
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Address: |
501 Alexander St |
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Glendale, CA |
91203 |
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