Do Real Estate on the Go!
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Do Real Estate on the Go!
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Listed by: Han Chen (626) 594-4900 DRE #01749321 | Growth Investment Group Pasade (626) 594-4900
3 Beds
3 Baths
--sqft
1063 Justin Ave, Glendale, CA 91201
Apartment
Built in 1963
$-- HOA
7,327 sqft lot
--/sqft
Description
±5.20% ACTUAL CAP RATE - Cash-flowing day 1 without needing to upgrade any unit! Year 2 CAP Rate is 6.01% with an annual rent increase. The 1063, a HIGH CAP Rate turnkey luxury 12-unit apartment community located in the highly desirable city of Glendale, bordered by the City of Burbank. The property offers superb location (Walkscore 86) with access to many amenities, within walking distance to IKEA Burbank, Burbank Downtown, many shopping centers, close to schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). The offering is unique due to its prime location, High CAP Rate, and turnkey co...
Continue Reading- Houzeo last checked: 42 Minutes ago
- Listing updated: February 5, 2025 at 10:38 pm
- Source: California Regional MLS-CA | MLS#: AR25026754
Property Details
Status
Off Market
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1963
HOA Fees
-
Finished Area
- sqft
Lot Size
7,327 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR25026754
MLS Status
Active
Days on Market
-
Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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