Glendale, CA 91201,1062 Raymond AVE
Glendale, CA 91201,1062 Raymond AVE
Glendale, CA 91201,1062 Raymond AVE
Glendale, CA 91201,1062 Raymond AVE
Glendale, CA 91201,1062 Raymond AVE
Glendale, CA 91201,1062 Raymond AVE
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$8,950,000

$9,100,000

1.6%
Est.Price: ?

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Est. payment /mo

0.34 Acres Lot


SOLD DATE : 09/26/2022

Key Details

Sold Price $8,950,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID BB22178330

Sold Date 09/26/22

HOA Y/N No

Year Built 1987

Lot Size 0.341 Acres

Property Description

Location, location, location! A great investment opportunity with rental income potential and low maintenance and upkeep required. Come see this well maintained 20 unit multi-family residential building in a prime location in Glendale.

Features:
Total of 20 units- (1) 3BD+2BTH, (11) 2BD+2BTH, (7) 1BD+1BTH, (1) Studio.
This beautiful property features an access ramp from the subterranean parking garage and street level to the ground floor of the building.
Amenities include: subterranean gated parking, laundry facility, dual pane windows, central air and heat, private patios/balconies.
Close to the 5 and 134 freeways and within walking distance of many shops and transportation.

Location

State CA

County Los Angeles

Area 626 - Glendale-Northwest

Zoning GLR4YY

Interior

Interior Features Balcony

Heating Central

Cooling Central Air

Flooring Concrete

Fireplaces Type See Remarks

Fireplace Yes

Appliance Water Heater, Dryer

Laundry Common Area, Gas Dryer Hookup, Laundry Room

Exterior

Garage Attached Carport, Assigned, Covered, Gated

Garage Spaces 23.0

Carport Spaces 8

Garage Description 23.0

Pool None

Community Features Street Lights, Sidewalks, Park

Utilities Available Electricity Available, Sewer Connected, Water Connected

Roof Type Flat

Accessibility Parking, Accessible Approach with Ramp

Total Parking Spaces 31

Private Pool No

Building

Lot Description Near Park, Near Public Transit, Sprinkler System

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5623024025

Security Features Resident Manager

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by John Gerro • JOHN M. GERRO
Bought with Michael Monempour • Kidder Mathews of California, Inc.
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