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1500 South Glendale Avenue
Glendale, CA 91205


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Property Remarks

This property is a 2-story building located in Glendale, CA with ample parking. 1500 S Glendale Ave is a very charming apartment building situated in Glendale, CA. This property, built in 1922, with wood frame and stucco construction, is separately metered for gas & electricity and is comprised of 9,380 SQ FT of improvements sitting on a 28,892 SQ FT lot. This property is located near Brand Blvd and San Fernando Road.~This asset offers an investor the rare opportunity to purchase a well-maintained, well-located asset with exceptional value to add and tremendous upside potential. For an investor focused on appreciation, this is an ideal investment. The building is separately metered for gas &~electricity and~is comprised of 9,380 SQ FT of improvements, and a very large 28,892 SQ FT lot.

Property Details

MLS#
18303992
Days on Market
39
Year Built
1922
Stories
2
Building/Living Area (sq ft)
9,380
Source of SqFt
Public Records
Source of Lot Size
Public Records

Location

State
CA
County
Los Angeles
Area
Glendale-South of 134 Fwy (628)

Presented By:

Listing provided courtesy of Arthur Arejian , Arthur Arejian, Broker


Exterior

Lot Acreage
0
Paved
No
Waterfront
No


Additional Property Details

Number of Units
19
Parking Spaces
18
Number of Buildings
5
Gross Operating Income
$244,125
Total Expense
$105,167
ADA Compliance
No

AC/Cooling
Air Conditioning
Heating
Central Furnace
Parking
Garage

Glendale

One of the biggest cities within Los Angeles County, Glendale is an entity unto itself attracting big business, high-end shopping and a vibrant and active community.

Real Estate: Originally built out as a bedroom community with many single-family residences, Glendale real estate has expanded to include many condo and townhome developments. Neighborhoods include Adams Hill, Moorpark, Glenoaks Canyon, and Rossmoyne. Houses for sale here range from traditional Spanish and Craftsman to newer modern architecture.

Community Life: Glendale has many big city attractions. Americana at Brand offers world-class shopping and fine-dining in a luxurious outdoor setting. The retail experience goes on at the nearby Glendale Galleria and all along Brand Boulevard which is also home to the historic Alex Theater.

Education: This area is served by the Glendale Unified School District. Local elementary schools include Balboa Elementary, Cerritos Elementary, Horace Mann Elementary, and John Muir Elementary. There are three public middle schools in Glendale and two high schools as well as a continuing education high school and a home independent study program. Glendale Community College has a college-credit enrollment of about 25,000 day and evening students, and approximately 10,000 others are reached through the adult education program.

Transportation: Glendale is easily accessed by the 134, 2, and 5 Freeways. The Glendale Beeline offers transportation throughout the city. The Larry Zarian Transportation Center is an Amtrak and Metrolink rail station.

Local Attractions: Forest Lawn Memorial Park is a draw for being the resting place of many celebrities including Michael Jackson and it also features an art museum. Beautiful Brand Park includes the Brand Library &Art Center.

Community Explorer

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