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Map
$13,553,092*
●
Multifamily -
Off Market
3221 Altura Avenue
Glendale, CA 91214
59 Beds
38 Baths
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/13/2019
|
|
59 Bed
|
38 Bath
|
27080 ft²
|
$10,000,000
59 Bed
38 Bath
27080 ft²
|
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