Listing provided courtesy of William James of Lyon Stahl Investment Real Estate, Inc.. Last updated 2024-09-18 08:11:27.000000. Listing information © 2024 CLAW.
Asking Price: $3,595,000
227 Justin, Glendale CA 91201
Community: 626 - Glendale-Northwest
This property was built in 1957 and is priced at $3,595,000. Please see the additional details below.
Built in 1957, the property consists of a great unit mix of two (2) studio, one bathroom units, ten (10) one-bedroom, one bath units, and two (2) two-bedroom, one bath units. The units are spread out over 8,988 square foot of gross leasable area. The units are separately metered for gas and electricity. Individual parking spaces are located on the ground floor along with the communal laundry room. The investment is offered at an attractive cap rate along with upside in the rents. The loss-to-lease is more easily achieved with AB1482 rent control. Delivered with 2 vacant units. Please contact listing agents for offering memorandum.
