131 West Garfield Avenue

Glendale, CA 91204

$3,600,000
Last Sold Price
—
Beds
7,260 Sq. Ft.
$496 / Sq. Ft.
7,260
Sq. Ft.
$496
per Sq. Ft.

Description

Excellent opportunity to purchase an eight (8) unit apartment building with significant upside in rental income. The property features four (4) two bedroom/one and one-half bathroom townhouse units and four (4) one bedroom/one bathroom units. Each of the townhouse units has a balcony and all of the units have central air conditioning and heating. Each of the units are separately metered for electricity and gas. The property is gated for security and has a subterranean parking garage with thirteen...Excellent opportunity to purchase an eight (8) unit apartment building with significant upside in rental income. The property features four (4) two bedroom/one and one-half bathroom townhouse units and four (4) one bedroom/one bathroom units. Each of the townhouse units has a balcony and all of the units have central air conditioning and heating. Each of the units are separately metered for electricity and gas. The property is gated for security and has a subterranean parking garage with thirteen (13) parking spaces. There is an on-site laundry facility in the garage which is operated by ownership. The property is situated just six blocks from The Americana at Brand, Glendale Galleria and the Central Business District.
  1. Listed by David Stevenson • DRE #01228475 • Brokerage DRE #00983560 • Stevenson Real Estate Services

Property Details for 131 West Garfield Avenue

Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Forced Air
Total Units
8.0
Lot Size Source
Public Records
Property Attached YN
true
Common Walls
1 Common Wall
New Construction
No

Location

Listing Courtesy of Stevenson Real Estate Services, David Stevenson, DRE #01228475

Sold By Keller Williams Realty Los Feliz, Brock Harris, DRE #01328996

Add your commute
LISTING UPDATED: 06/13/2022 02:34 AM

Property Details for 131 West Garfield Avenue

StatusClosed
MLS #320009843
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
Lot Size0.16 AC / 6,879 SF
CountyLos Angeles County

Location

Listing Courtesy of Stevenson Real Estate Services, David Stevenson, DRE #01228475

Sold By Keller Williams Realty Los Feliz, Brock Harris, DRE #01328996

Add your commute

Building Information for 131 West Garfield Avenue

Stories-Residences-Year Built1987Building Size-Lot Size0.16 AC / 6,879 SF

Payment Calculator

$23,048 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,647

Property Taxes

$3,401

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 131 West Garfield Avenue

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $0
  • Gross Spendable Income: $0
  • Gross Equity: $0
  • Vacancy Allowance: 0
  • Vacancy Allowance Rate: 0
  • Gross Operating Income: $0
  • Net Operating Income: $0
  • Number Of Rented Garages: 0
  • Garage Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Gross Multiplier: 0.0
  • Cap Rate: 0.0
  • Sold Cap Rate: 0.0
Expense Details
  • Operating Expense: $0
  • Operating Expense Percent: .00%
  • New Taxes Expense: $0
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $0
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Maintenance Percent: .00%
  • Professional Management Expense: $0
  • Workmans Compensation Expense: $0
  • Other Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Supplies Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Rate: 0.0
  • Tax Annual Amount: $0
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
Property / Structure Info
Interior Features
  • Cooling: Central Air
Green Info
  • Walk Score: 0
Land/Lot Info
  • Land Lease Amount: $0
  • Land Value: $.00
  • Levels: Two
Parking Info
  • Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Personal Property Amount: $.00
  • Personal Property Percent: .00%
Unit Information
Unit 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 10
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 11
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 12
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 13
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit 8
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit 9
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 5
Unit 10
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 6
Unit 11
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 7
Unit 12
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 8
Unit 13
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 0
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 0
  • Number With Range: 0
  • Number With Refrigerator: 0
  • Number With Carpet: 0
  • Number With Disposal: 0
  • Number With Drapes: 0
  • Number With Patio: 0
  • Number Wall AC: 0

Property History for 131 West Garfield Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 131 West Garfield Avenue

Taxable ValueLand$1,428,000Additions$2,244,000Total$3,672,000
Tax Record2023$40,809 ($3,401 / month)
Home Facts
Total Finished SqFt7,260 SqFtAbove Grade Finished SqFt7,260 SqFtStories1Lot Size6,879 SqFtStyleMulti-Family Res (5+ Units)Year Built1986ZoningGLR4YYCountyLOS ANGELESAPN5641-014-014

Schools near 131 West Garfield Avenue

This home is within Glendale Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 7 to 10
Rating
School
Distance
Cerritos Elementary School
PublicK to 6

Theodore Roosevelt Middle School
Public6 to 8

Herbert Hoover High School
Public9 to 12

Jewel City Community Day School
Public7 to 10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Stevenson Real Estate Services, David Stevenson, DRE #01228475

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.