1621-1623 Victory Blvd - Apartments FOR SALE


Glendale, CA 91201- Riverside Rancho
$5,175,000 USD
818-212-2784
1621-1623 Victory Blvd, Glendale, CA for Sale
$5,175,000 USD
Apartments - FOR SALE
1/8
null | 6.01% Cap Rate

1621-1623 Victory Blvd
Glendale, CA 91201
Riverside Rancho


HIGHLIGHTS

  • First Time for Sale in 50 Years!
  • Can be Delivered with 8 Vacant Units! 4 of them Fully Furnished
  • 20+1 Unit Apartment Building - 1963 Construction
  • Excellent Glendale Location - Close Distance to Downtown Burbank
  • Landlord Friendly City- Only Subject to State Rent Control
  • On Site Laundry, Pool, Secured Access, Covered Parking

FOR SALE DETAILS

PRICE

$5,175,000 USD

PRICE/SF

$375 USD /SF

# OF UNITS

20

PRICE/UNIT

$258,750

CAP RATE

6.01%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

GLC3YY

APN/PARCEL ID

5626-017-034

ASK ABOUT THIS PROPERTY

Michael StermanMarcus & MillichapMore Info
818-212-2784

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Michael StermanMarcus & MillichapMore Info
818-212-2784

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