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301 N Kenwood Street, Glendale, CA

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301 N Kenwood Street

Glendale, CA 91206-3545 - City Center MF Submarket

Property Type:Multi-Family Number of Units:5 Status:Existing Year Built:1953
Stories:2 Building Size:3,754 SF Land Area:.18 AC (7,627 SF)
For Sale Price:$1,650,000 Price/Unit:$330,000.00 Cap Rate:3.61 % GRM:-

Parking:.8 Parking Spaces / 1,000 SF

Property Description: Subject property is a two building, 5 unit apartment complex with three 1b/1b in one building and one 3b/2b and one 2b/1b in the other building.

Sale Notes:
• Superior location on North Kenwood Street; two blocks away from Brand Blvd and within walking distance to 24 Hour Fitness, FedEx, Porto’s Bakery, Nordstrom Rack, the Post Office, Raffi’s Place, Starbucks, and much more
• Extremely high Walkability Score of 94, based on; considered a “Walker’s Paradise” due to its proximity to a plethora of amenities
• Located close to many public transit stops and great access to FWY 134
• Perfect opportunity for an owner-users who plan to occupy the front unit or apartment investor due to its superior location and upgrades
• Turn-key property with minimum maintenance requirements

• Superior unit mix with a 3B+1.5B+Den house, a 1B+1B house, two 1B+1B units, and one studio
• Charming building with a serene garden and beautiful buildings surrounding the property
• Property has been impeccably maintained and offers a turn-key pride of ownership opportunity for buyer
• All units have been extensively upgraded with luxury amenities (kitchen, bathroom, h/w floor, etc.)
• Separately metered for electricity and gas, individual water heater in each unit
• Three parking garage in the back
• High density (R4) zoning
• A charming 3 bedroom front house unit with:
• Hardwood floor
• Wood beamed ceiling and crown molding
• Den that can be converted into a 4th bedroom or home office space
• Reading nook area
• Fireplace
• Laundry hookups and machine
• New kitchen countertop and cabinets
• Upgraded bathroom
• Large walk-in closet in the master bedroom

Growth Investment Group, Inc.
Han Widjaja-Chen
(626) 594-4901

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