715 East Garfield Avenue

Glendale, CA 91205

$5,400,000
Price
3
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

A 20-unit apartment in the City of Glendale, California. This offering presents a rare opportunity for investors to acquire a strategically located apartment in the heart of the City of Glendale, CA. This property is located down the street from Glendale Community College Garfield Campus and just minutes away from Americana at Brand, Glendale Galleria, and Glendale High School. This is the first time these properties have been offered for sale since 1982. The properties were built in 1951 and situated...A 20-unit apartment in the City of Glendale, California. This offering presents a rare opportunity for investors to acquire a strategically located apartment in the heart of the City of Glendale, CA. This property is located down the street from Glendale Community College Garfield Campus and just minutes away from Americana at Brand, Glendale Galleria, and Glendale High School. This is the first time these properties have been offered for sale since 1982. The properties were built in 1951 and situated side by side with shared center walkway and its own driveway. Both buildings have a combined total of 15,772 SF and are situated on a combined 21,370 SF Lot size. It offers a good unit mix of eight (8) x 2bed+1bath (4 in each building), and twelve (12) x 1bed+1bath (6 in each building) units. Each unit has an individual water heater, an excellent and spacious layout, and separately metered for electricity and gas. Parking is provided by a total of 10 parking spaces at the back (5 spaces per building). Most of the tenants are on month-to-month agreement and some are due for rent increases. There is a shared laundry room for both buildings (laundry leased).
  1. Listed by Han Chen • DRE #01749321 • Brokerage DRE #02201380 • Growth Investment Group Pasade

Property Details for 715 East Garfield Avenue

Neighborhood
central Glendale
City Postal ID
GLENDALE (91205)

Location

Listing Courtesy of Growth Investment Group Pasade, Han Chen, DRE #01749321
Add your commute
LISTING UPDATED: 06/08/2024 09:01 AM

Property Details for 715 East Garfield Avenue

StatusPending
MLS #AR24104057
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size0.49 AC / 21,370 SF
CountyLos Angeles County

Location

Listing Courtesy of Growth Investment Group Pasade, Han Chen, DRE #01749321
Add your commute

Building Information for 715 East Garfield Avenue

Stories2Residences-Year Built-Building Size-Lot Size0.49 AC / 21,370 SF

Payment Calculator

$30,191 per month

30 year fixed, 7.25% Interest

Principal and Interest

$29,470

Property Taxes

$721

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 715 East Garfield Avenue

Summary Information
Property and Location
  • System ID: 306177072
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Year Built: 0
  • Street Number Numeric: 715
  • Street Direction: E
  • Street Name: Garfield Avenue
  • Directions To Property: crossing Chevy Chase Dr.
HOA and Fees
  • Home Owner Fees: $0
  • Monthly Total Fees: $102
  • CFD/Mello-Roos Fee: $1,224
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: A 20-unit apartment in the City of Glendale, California. This offering presents a rare opportunity for investors to acquire a strategically located apartment in the heart of the City of Glendale, CA. This property is located down the street from Glendale Community College Garfield Campus and just minutes away from Americana at Brand, Glendale Galleria, and Glendale High School. This is the first time these properties have been offered for sale since 1982. The properties were built in 1951 and situated side by side with shared center walkway and its own driveway. Both buildings have a combined total of 15,772 SF and are situated on a combined 21,370 SF Lot size. It offers a good unit mix of eight (8) x 2bed+1bath (4 in each building), and twelve (12) x 1bed+1bath (6 in each building) units. Each unit has an individual water heater, an excellent and spacious layout, and separately metered for electricity and gas. Parking is provided by a total of 10 parking spaces at the back (5 spaces per building). Most of the tenants are on month-to-month agreement and some are due for rent increases. There is a shared laundry room for both buildings (laundry leased).
Interior and Exterior Features
Exterior Features
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size Source: Assessor Record
  • Zoning: Assessor
  • Assessments: Yes/Remarks
  • Assessors Parcel Num: 5675023023
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Parking Garage Unit 1: Assigned
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Rent Actual: $0
Unit 2
  • Unit Num for Unit 2: 2
  • Unit 2 Num of Bedrooms: 1
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Rent Actual: $0

Property History for 715 East 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 715 East Garfield Avenue

Taxable ValueLand$205,136Additions$482,016Total$687,152
Tax Record2023$8,657 ($721 / month)
Home Facts
Total Finished SqFt7,886 SqFtAbove Grade Finished SqFt7,886 SqFtLot Size10,989 SqFtStyleMulti-Family Res (5+ Units)Year Built1951ZoningGLR4YYCountyLOS ANGELESAPN5675-023-023

Schools near 715 East Garfield Avenue

This home is within Glendale Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Theodore Roosevelt Middle School
Public6 to 8

Glendale High 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 Growth Investment Group Pasade, Han Chen, DRE #01749321

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.