See Home Value
$5,712,701*
Multifamily - Off Market

1404 5th Street

Glendale, CA 91201
bedrooms
14 Beds
bathrooms
14 Baths
square feet
8420 Sqft
$3,528,000 - $4,312,000
Reference Base Price*
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model

About This Property

Amazing opportunity to own a gem in the heart of Glendale above Glenoaks'' right next to newly constructed senior center with a park in the middle. In addition, the building is walking distance to blue ribbon Thomas Jefferson Elementary & bus stops. This building was constructed in 1941 & consists of (14) 1+1 bungalow style spacious units with ample parking, i.e. either carport or surface parking, for all residents. This asset has 8,420 SQFT of improvement over a 25,032 SQFT lot & there are 14 carport & 3 surface parking on the premises. Majority of the units have been remodeled with hardwood flooring, newer kitchen cabinets & countertops, ceramic wall & floor tiles in bathroom & kitchen, wall type heating & air conditioning. A few units have been improved with washer/dryer hookups inside the units. The property has a historically high occupancy rate due to its proximity to the great public schools, ideal for families seeking affordable 1-bedroom apartments near great schools. The windows have been replaced in the recent past & the plumbing & electrical are in great operational shape. The new owner can take over & achieve an above market return gradually as units turn in due time & as such will not'' be affected by the pending city Rent control discussion

The manager has listed the unit size as 8420 square feet.
Unit Size
8,420Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$466
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1941

Price History

Date / Event Date Event Price
Oct 2, 2019 No longer available -
No longer available
Feb 4, 2019 Listed $3,920,000
Listed

Property Highlights

Air Conditioning
Parking Available


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190204
02/04/2019
14 Bed
14 Bath
8420 ft²
$3,920,000
bedrooms
14 Bed
bathrooms
14 Bath
square feet
8420 ft²
-
-
-
-

Building Info

1404 5th Street 1404 5th Street, Glendale, CA 91201
More about this Building
1404 5th Street
Want to find out who owns 1404 5th Street, Glendale, CA 91201? Get detailed property transactions here .

About Grandview


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 200 Ave W Wilson, GLENDALE, CA, 91203

$8,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,434 ft²
200 Ave W Wilson #2329, GLENDALE, CA, 91203 Listing by Bruce Urena
Unit for rent at 120 Ave W Wilson, GLENDALE, CA, 91203

$5,800 /mo

  • 1 Bed
  • 1 Bath
120 Ave W Wilson #1404, GLENDALE, CA, 91203 Listing by Bruce Urena
Unit for rent at 1260 Alma Street, Glendale, CA, 91202

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,717 ft²
1260 Alma Street, Glendale, CA, 91202 Listing by Kenneth Barnes


Nearby Counties
Quantcast