501 W Doran St - Apartments FOR SALE


Glendale, CA 91203- Vineyard
$2,150,000 USD
626-657-7575
501 W Doran St, Glendale, CA for Sale
$2,150,000 USD
Apartments - FOR SALE
1/13
null | 5.47% Cap Rate

501 W Doran St
Glendale, CA 91203
Vineyard


HIGHLIGHTS

  • Great unit mix and well-utilized floorplans
  • Sought-After Location in Glendale - near The Americana and Glendale Galleria
  • Near lots of stores and eateries
  • Rare opportunity in prime Glendale neighborhood

OVERVIEW

The Doran Street Apartments is located in the heart of the highly desirable city of Glendale. The property is situated just minutes from the delectable restaurants and luxury shopping available at the Americana at Brand and the Glendale Galleria. The building also offers nearby access to the 134 and 5 Freeways, making it just a short distance from its neighboring cities of Burbank, Hollywood and Pasadena. Located on the corner of Doran & Pacific Avenue, the property is a 7-unit complex featuring a great unit mix. There are three 2 bedroom 1.5 bathroom units and four 1 bedroom 1 bathroom units. All of the units have well utilized floor plans and are very spacious. The property’s prime location in one of Southern California’s most prestige cities creates a unique opportunity for investors. It also features stable tenants and steady cash-flow, making the Doran Street Apartments the ideal asset.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$397 USD /SF

# OF UNITS

7

PRICE/UNIT

$307,143

CAP RATE

5.47%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,606 SF

ZONING

R4, Glendale

APN/PARCEL ID

5637-023-032

ASK ABOUT THIS PROPERTY

Jack BaboudjianBaboudjian Properties, Inc.More Info
626-657-7575

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Jack BaboudjianBaboudjian Properties, Inc.More Info
626-657-7575

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