See Home Value
$13,553,092*
Multifamily - Off Market

3221 Altura Avenue

Glendale, CA 91214
bedrooms
59 Beds
bathrooms
38 Baths
square feet
27080 Sqft
$8,370,000 - $10,230,000
Reference Base Price*
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model

About This Property

Amazing opportunity to own a gem in Glendale/La Crescenta area walking distance to Lincoln Elementary and Crescenta Valley High school. This building was constructed in 1964 and consists of two buildings, i.e. a 15 unit and a 14 unit, on the same lot. There are (19) 2+1, (6) 2+2 and (3) 3+2, (1) 0+1 NC units on a 36,716 SQFT lot in a 27,080  Sqft improvement. Five of 2+1 units are extra-large and command higher rents.  The windows have been replaced with energy-efficient Vinyl ones and the roof is also a few years old. There is a beautiful swimming pool servicing the valued tenants with a family and barbeque area  In the rear. There are ample parking for all of the residents on the grounds, either tuck under or surface parking. The property has a historically high occupancy rate and a new owner can take over and achieve an above market return for the city of Glendale by enhancing use intensity, and continued improvement and modernization.

The manager has listed the unit size as 27080 square feet.
Unit Size
27,080Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$343
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1964

Price History

Date / Event Date Event Price
Oct 2, 2019 No longer available -
No longer available
May 1, 2019 Price Decreased $9,300,000
↓ $700K (7%)
Price Decreased
Mar 13, 2019 Listed $10,000,000
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
20190313
03/13/2019
59 Bed
38 Bath
27080 ft²
$10,000,000
bedrooms
59 Bed
bathrooms
38 Bath
square feet
27080 ft²
-
-
-
-

Building Info

3221 Altura Avenue 3221 Altura Avenue, La Crescenta, CA 91214
More about this Building
3221 Altura Avenue
Want to find out who owns 3221 Altura Avenue, La Crescenta, CA 91214? Get detailed property transactions here .

About Crescenta Highlands


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