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1118-1120 Western Ave 10 Unité Immeuble d’appartements 3 830 070 $ CAD (383 007 $ CAD/Unité) Glendale, CA 91201



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Faits saillants de l'investissement
- The property features a 10-unit apartment building with a balanced 10-bedroom, 10-bathroom unit mix.
- Parking includes eight covered carport spaces and two additional uncovered spaces.
- Residents benefit from access to nearby shopping centers, schools, and neighborhood amenities.
- Spacious floor plans and classic wood flooring contribute to resident appeal.
- The asset is located approximately two miles from Downtown Burbank and major entertainment employers.
- The large lot configuration may support future value-add improvements and operational enhancements.
Résumé de l'annonce
1118 Western Ave. presents the opportunity to acquire a 10-unit multifamily asset in Glendale's Grandview neighborhood. Built in 1950 and situated on a 15,280-square-foot lot, the property contains 6,212 square feet of residential space with a unit mix totaling 10 bedrooms and 10 bathrooms. The building has been maintained over time and offers spacious unit layouts, classic wood flooring, and parking accommodations that include eight covered carport spaces and two additional uncovered spaces.
The property's location provides convenient access to employment, retail, and educational amenities throughout the Glendale and Burbank markets. Downtown Burbank is located approximately two miles away, while major entertainment industry employers, including The Walt Disney Studios and Warner Bros., are within close proximity. Residents benefit from walkable access to nearby shopping centers and neighborhood services.
This offering may appeal to investors seeking a multifamily asset with potential for future revenue growth through unit upgrades and operational improvements. Its location within a well-established residential neighborhood, combined with access to major employment centers and regional amenities, positions the property as a compelling acquisition opportunity for long-term ownership, portfolio expansion, or 1031 exchange buyers.
The property's location provides convenient access to employment, retail, and educational amenities throughout the Glendale and Burbank markets. Downtown Burbank is located approximately two miles away, while major entertainment industry employers, including The Walt Disney Studios and Warner Bros., are within close proximity. Residents benefit from walkable access to nearby shopping centers and neighborhood services.
This offering may appeal to investors seeking a multifamily asset with potential for future revenue growth through unit upgrades and operational improvements. Its location within a well-established residential neighborhood, combined with access to major employment centers and regional amenities, positions the property as a compelling acquisition opportunity for long-term ownership, portfolio expansion, or 1031 exchange buyers.
Faits sur la propriété
| Prix | 3 830 070 $ CAD | Style d’appartement | De faible hauteur |
| Prix par unité | 383 007 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,35 AC |
| Condition de vente | 1031 Échange | Taille du bâtiment | 6 212 pi² |
| Nombre d’unités | 10 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1950 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,23/1 000 pi² |
| Zonage | R-2250 - Medium density residential development with a minimum of two thousand two hundred fifty (2,250) square feet of lot area per dwelling unit | ||
| Prix | 3 830 070 $ CAD |
| Prix par unité | 383 007 $ CAD |
| Type de vente | Investissement |
| Condition de vente | 1031 Échange |
| Nombre d’unités | 10 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,35 AC |
| Taille du bâtiment | 6 212 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1950 |
| Ratio de stationnement | 1,23/1 000 pi² |
| Zonage | R-2250 - Medium density residential development with a minimum of two thousand two hundred fifty (2,250) square feet of lot area per dwelling unit |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 2 | - | 400 |
| 1+1 | 6 | - | 580 - 900 |
| 2+1 | 2 | - | 750 - 800 |
1 1
Moyennement accessible à pied
70/100
Exceptionnellement adapté aux voitures
90/100
Transports en commun relativement accessibles
50/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 5623-014-012 | Évaluation des bâtiments | 198 346 $ CAD |
| Évaluation du terrain | 121 379 $ CAD | Évaluation totale | 319 725 $ CAD |
Impôts fonciers
Numéro de lot
5623-014-012
Évaluation du terrain
121 379 $ CAD
Évaluation des bâtiments
198 346 $ CAD
Évaluation totale
319 725 $ CAD
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1118-1120 Western Ave
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