Multifamily
1134 E Doran St
1134 E Doran St, Glendale, CA 91206
Listing Price: $2,200,000
Investment Overview
Marcus & Millichap is pleased to present 1134 E Doran St, a 8 unit
apartment building located in Glendale, a neighborhood in the San Fernando Valley. Built in 1971, the
property consists of (7) two-bedroom + one-bathroom units and (1) three-bedroom + one-bathroom
unit. The building is 6,359 gross square feet and sits on a 7,524 square foot lot.
1134 E Doran St 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.
1134 E Doran St 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 4.79% with the ability to improve to a 7.22%
CAP rate once units turnover.
***Some of the units may have been converted to add an extra bedroom. Please contact listing agent
for more details. Buyer to do own due diligence in determining legal bedroom count.
Exclusively Listed By
Listing Price: $2,200,000
Investment Highlights
- 8 Unit Apartment Building - 1971 Construction
- Excellent Glendale Location - Close Distance to Downtown Burbank
- Easy Access to the 2 and 134 Freeways
- Easy Access to the 2 and 134 Freeways
- Easy Access to the 2 and 134 Freeways
Investment Overview
Marcus & Millichap is pleased to present 1134 E Doran St, a 8 unit apartment building located in Glendale, a neighborhood in the San Fernando Valley. Built in 1971, the property consists of (7) two-bedroom + one-bathroom units and (1) three-bedroom + one-bathroom unit. The building is 6,359 gross square feet and sits on a 7,524 square foot lot. 1134 E Doran St 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. 1134 E Doran St 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 4.79% with the ability to improve to a 7.22% CAP rate once units turnover. ***Some of the units may have been converted to add an extra bedroom. Please contact listing agent for more details. Buyer to do own due diligence in determining legal bedroom count.
Exclusively Listed By
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