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1246 E Harvard St 6 Unit Apartment Building $2,118,928 CAD ($353,155 CAD/Unit) 3.30% Cap Rate Glendale, CA 91205
Executive Summary
Alexanian Apartment Advisors are pleased to represent a true value add opportunity with significant upside in Glendale Ca.
New roof and electrical done recently, removing significant capex requirements allowing for value add investors to focus on revenue driving efforts.
High walk score, on site parking, low basis.
New roof and electrical done recently, removing significant capex requirements allowing for value add investors to focus on revenue driving efforts.
High walk score, on site parking, low basis.
Property Facts
| Price | $2,118,928 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $353,155 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 3.30% | Building Size | 3,196 SF |
| Gross Rent Multiplier | 17.3 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1954 |
| Property Subtype | Apartment | Parking Ratio | 2.5/1,000 SF |
| Zoning | GLR4YY | ||
| Price | $2,118,928 CAD |
| Price Per Unit | $353,155 CAD |
| Sale Type | Investment |
| Cap Rate | 3.30% |
| Gross Rent Multiplier | 17.3 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,196 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 2.5/1,000 SF |
| Zoning | GLR4YY |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,691 CAD | - |
1 1
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (75)
Property Taxes
| Parcel Number | 5680-005-017 | Improvements Assessment | $333,126 CAD |
| Land Assessment | $347,021 CAD | Total Assessment | $680,147 CAD |
Property Taxes
Parcel Number
5680-005-017
Land Assessment
$347,021 CAD
Improvements Assessment
$333,126 CAD
Total Assessment
$680,147 CAD
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1246 E Harvard St
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