1001 Orange Grove Ave - Apartments FOR SALE


Glendale, CA 91205- Citrus Grove
$2,500,000 USD
818-524-8321
1001 Orange Grove Ave, Glendale, CA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

1001 Orange Grove Ave
Glendale, CA 91205
Citrus Grove


HIGHLIGHTS

  • Well-Constructed Mid-80s Building
  • Value-Add Opportunity
  • Prime Glendale Location
  • Desirable Unit Features - Select units offer vaulted ceilings, private outdoor patios or balconies
  • Secured & Gated Subterranean Parking

OVERVIEW

1001 Orange Grove is a 7-unit value-add multifamily investment located in Glendale’s desirable Citrus Grove neighborhood, just north of Colorado Blvd between S Glendale Ave and S Chevy Chase Dr. Built in 1985, the 4,506 SF two-story wood-frame stucco building sits on a 6,788 SF lot and features subterranean parking with 11 total spaces. The property offers a strong unit mix of five (5) 1BD/1BA units and two (2) 2BD/1BA units featuring vaulted ceilings. This is a true location winner—just minutes from major employers, community parks, and the world-class retail and dining of The Americana at Brand. With effortless access to the I-5 and 134 freeways, 1001 Orange Grove offers unbeatable convenience for commuters. Investors can benefit from 25%+ rental upside through renovations and modern upgrades, making this an attractive value-add opportunity in a prime Glendale location.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$268 USD /SF

# OF UNITS

7

PRICE/UNIT

$357,143

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,740 SF

ZONING

GLR4*

APN/PARCEL ID

5674-015-019

ASK ABOUT THIS PROPERTY

Sevak Amranyan7 Capital Real EstateMore Info
818-524-8321

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Sevak Amranyan7 Capital Real EstateMore Info
818-524-8321

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.