724 North Howard Street
724 North Howard Street
$2,490,000
10
11
6,518
6,518
$382
Sold 6/16/23
Description
Please Contact Us For An OM Assumable loan of $1,250,000 at 3.83% interest only for four years and fixed for six years. Fantastic opportunity to own a six-unit building in the highly desirable Glendale area located in an exceptional neighborhood, with an 81 Walk Score and easy access to the Americana at Brand, Griffith Park, Adventist Health, Glendale Plaza, and Glendale Fashion Center. The property is not subject to LA City rent control and features an attractive assumable loan of approximately...Please Contact Us For An OM Assumable loan of $1,250,000 at 3.83% interest only for four years and fixed for six years. Fantastic opportunity to own a six-unit building in the highly desirable Glendale area located in an exceptional neighborhood, with an 81 Walk Score and easy access to the Americana at Brand, Griffith Park, Adventist Health, Glendale Plaza, and Glendale Fashion Center. The property is not subject to LA City rent control and features an attractive assumable loan of approximately $1,250,000 at a fixed rate of 3.83% with interest-only payments until March 2027 and maturing on approximately March 2029. In addition to the attractive financing, the property also has significant growth potential. By adding an ADU in the tuck-under parking, the buyer may potentially convert the 6 units to 7 units ( see photo rendering), subject to buyer's own confirmation of feasibility. The property has 45% upside in rents and an estimated 18% average annual return potential if the buyer turns 4 units during a 5-year time period. Please contact us for further information.
- Listed by Kelly Morgan • DRE #01898026 • Brokerage DRE #01854200 • KW Advisors
Property Details for 724 North Howard Street
Zoning
GLR4YY
Cross StreetsGlen Oaks / Geneva
Parcel Number5644020001
Total Units6.0
Living Area6518
Source Living AreaVendor Enhanced
AreaRossmoyne & Verdugo Woodlands
Vacancy RateNone
Location
LISTING UPDATED: 06/19/2023 11:57 AM
Property Details for 724 North Howard Street
Status | Sold |
---|---|
MLS # | 23-249243 |
Days on Market | 1 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1967 |
Lot Size | 0.16 AC / 7,151 SF |
County | Los Angeles County |
Location
Building Information for 724 North Howard Street
Stories2Residences-Year Built1967Building Size-Lot Size0.16 AC / 7,151 SF
Payment Calculator
$13,589 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 724 North Howard Street
Property History for 724 North Howard Street
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.
Schools near 724 North Howard Street
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 |
---|---|---|
R. D. White 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.