$ 2,690,000
640 Ivy ST Glendale, CA 91204
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,690,000
Est. payment /mo
Active Under Contract
640 Ivy ST Glendale, CA 91204
5,616 SqFt
UPDATED:
10/14/2024 05:57 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 5,616 sqft
Price per Sqft $478
MLS Listing ID SR24208614
HOA Y/N No
Year Built 1988
Lot Size 6,991 Sqft
Acres 0.1605
Property Description
We are pleased to be retained as the exclusive agents for this 6-unit multifamily investment offering in Glendale Ca.
Comprised of a remarkable unit mix, 2 blocks to Americana at Brand, and individual hot water heaters.
(5) of the 6 units are remodeled, 2 units are townhouse style and several HVAC units have been replaced.
At 13.7 GRM this is a great turnkey offering with additional rental upside potential. Multiple storage closets can potentially generate additional revenue streams and there might be potential to incorporate an ADU, buyer to confirm.
Comprised of a remarkable unit mix, 2 blocks to Americana at Brand, and individual hot water heaters.
(5) of the 6 units are remodeled, 2 units are townhouse style and several HVAC units have been replaced.
At 13.7 GRM this is a great turnkey offering with additional rental upside potential. Multiple storage closets can potentially generate additional revenue streams and there might be potential to incorporate an ADU, buyer to confirm.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning GLR4YY
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Biking
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Entry Level One
Sewer Private Sewer
Water Private
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5695009016
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Levon Alexanian • Keller Williams World Media Center • info@alexanianadvisors.com