404 Lincoln Avenue
404 Lincoln Avenue
Description
RENTS, which is a great upside for this investment. This is a well-kept 14 unit building that features a nice secured community parking structure
and a controlled accessed entry. The units have wonderful open floorplans with laminate flooring, storage space, plus central AC and Heating. Glendale Unified School District. Amazing location. A short distance from...Investors Dream! An incredible Residential Income property in Glendale is all that you have been waiting for. All units have a washer/dryer. LOW
RENTS, which is a great upside for this investment. This is a well-kept 14 unit building that features a nice secured community parking structure
and a controlled accessed entry. The units have wonderful open floorplans with laminate flooring, storage space, plus central AC and Heating. Glendale Unified School District. Amazing location. A short distance from Target, Ralphs, Sprout Farmers Market, In-N-Out Burger and more. Close
to the 134 and 2 freeways. Rents are below market 3 bedroom unit was recently rented for $3,100.
- Listed by Albert Babayan • DRE #01012033 • Brokerage DRE #01873088 • JohnHart Real Estate • 818-469-9388
- Listed by Roubina Zargarian • DRE #01235023 • Brokerage DRE #01873088 • JohnHart Real Estate
Property Details for 404 Lincoln Avenue
Location
Property Details for 404 Lincoln Avenue
| Status | Active |
|---|---|
| MLS # | GD24054330 |
| Days on Market | 44 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1987 |
| Lot Size | 0.27 AC / 11,905 SF |
| County | Los Angeles County |
Location
Building Information for 404 Lincoln Avenue
Payment Calculator
$34,339 per month
30 year fixed, 7.25% Interest
$32,717
$1,622
$0
Property Information for 404 Lincoln Avenue
- Gross Income: $359,874
- Gross Scheduled Income: $359,874
- Net Operating Income: $258,661
- Operating Expense: $101,213
- Gardener Expense: $3,096
- Fuel Expense: $0
- Electric Expense: $16,272
- Insurance Expense: $12,600
- Maintenance Expense: $2,400
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $107,508
- Tax Tract Number: 302...
- Tax Census Tract: 3021.04
- CFD/Mello-Roos Fee: $1,199
- Tax Lot: 33
- Community Features: Sidewalks, Street Lights
- Laundry: Yes
- Laundry Features: Inside
- Entry Location: street
- Pool Features: None
- Pool: N/K
- Additional Parcels Description: 5680031023
- Lot Features: 0-1 Unit/Acre
- Land Lease: No
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 25
- Parking: Yes
- Parking Features: Community Structure, Covered
- Unit Type Units Total: 2
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,953
- Unit Type Total Rent: $5,906
- Unit Type Pro Forma: 5906
- Unit Type Type: 1
- Unit Type Units Total: 12
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 21
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,007
- Unit Type Total Rent: $24,084
- Unit Type Pro Forma: 24084
- Unit Type Type: 2
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 15
- Number Of Separate Gas Meters: 15
- Number Of Separate Water Meters: 1
Property History for 404 Lincoln Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 404 Lincoln Avenue
Schools near 404 Lincoln Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
John Marshall Elementary School PublicK to 5 | ||
Woodrow Wilson Middle School Public6 to 8 | ||
Glendale High School Public9 to 12 | ||
Daily (Allan F.) High (Continuation) School Public9 to 12 |
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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Listing Courtesy of JohnHart Real Estate, Albert Babayan, DRE #01012033; JohnHart Real Estate, Roubina Zargarian, DRE #01235023
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.