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Off Market
1/31

244 N Kenwood St
Glendale, CA 91206


HIGHLIGHTS

  • Superior location on North Kenwood Street; Walk score 94, Minutes to Americana and Glendale Galleria
  • Very Attractive CAP Rate and GRM for this location and asset quality with upside potential; 4 units have been fully upgraded
  • Proven rental upside with 5.08% Proforma CAP; Excellent curb appeal, pride of ownership building; Large and charming units with good layout
  • Two units have been extensively upgraded with luxury amenities and in-unit laundry; Separately metered for electricity and gas, individual w/h
  • Five covered parking garages in the back; Zero soft story retrofit; High density (R4) zoning
  • Large and charming units with good layout; Charming building with a serene garden and beautiful buildings surrounding the property

FOR SALE DETAILS

PRICE

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# OF UNITS

-

CAP RATE

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% LEASED

-

BUILDING DETAILS

PROPERTY NAME

6 unit Semi Value-add in Downtown Glendale

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

5386

STORIES

2

YEAR BUILT

1922

PARKING SPACES

5

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

-

APN/PARCEL ID

5642-017-006