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Multifamily

2320 Glendale Blvd

2320 Glendale Blvd, Los Angeles, CA 90039

Listing Price: $4,250,000

Cap Rate
5.00%
Number of Units
16
GRM
11.96
Price/Unit
$265,625
Price/Gross SF
$337.73
Gross SF
12,584

Investment Overview

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Investment Highlights

  • 16 Units Built in 1957-Located in the Heart of Silver Lake Just East of the Silver Lake Reservoir
  • Walking Distance to Many Entertainment, Shopping, and Dining Outlets
  • Seismic Retrofitting Completed and Roof Replacement in 2017
  • Attractive Assumable Financing: Approximately $1,980,000 Fixed @ 3.528% Until 10/1/2030 with US Bank
  • Excellent Unit Mix of 8 One Bedrooms, 7 Two Bedrooms, and 1 Three Bedroom
  • Secured Access, 16 Parking Spaces, On-Site Laundry and an Open Courtyard
  • Large Lot Totaling 14,748 Square Feet
  • Significant Upside in Rents

Exclusively Listed By

Financing By

Multifamily

2320 Glendale Blvd

Listing Price: $4,250,000

Cap Rate
5.00%
Number of Units
16
GRM
11.96
Price/Unit
$265,625
Price/Gross SF
$337.73
Gross SF
12,584

Investment Highlights

  • 16 Units Built in 1957-Located in the Heart of Silver Lake Just East of the Silver Lake Reservoir
  • Walking Distance to Many Entertainment, Shopping, and Dining Outlets
  • Seismic Retrofitting Completed and Roof Replacement in 2017
  • Attractive Assumable Financing: Approximately $1,980,000 Fixed @ 3.528% Until 10/1/2030 with US Bank
  • Excellent Unit Mix of 8 One Bedrooms, 7 Two Bedrooms, and 1 Three Bedroom
  • Secured Access, 16 Parking Spaces, On-Site Laundry and an Open Courtyard
  • Large Lot Totaling 14,748 Square Feet
  • Significant Upside in Rents

Investment Overview

.

Exclusively Listed By

Financing By

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