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406 Piedmont Avenue, Glendale, CA

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406 Piedmont Avenue

Glendale, CA 91206-3498 - Citrus Grove MF Submarket

Property Type:Multi-Family Number of Units:11 Status:Existing Year Built:1962
Stories:2 Building Size:8,240 SF Land Area:.22 AC (9,692 SF)
For Sale Price:$2,900,000 Price/Unit:$263,636.36 Cap Rate:3.40 % GRM:-

Parking:.45 Parking Spaces / 1,000 SF

Property Description: Multi Family - 11 Units

Sale Notes:
11 units in a great Glendale location! Significant rent increase potential, 6 units have upgraded flooring. Roof replaced in 2008.

One of listing brokers has an ownership interest in the property.

Offers will be reviewed on Tuesday, Oct. 4

Marketing package with rent roll is attached.

David N. Schultz Incorporated
Jennifer Schultz Bertolet
(818) 240-1070 x236

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