$10,250,000 / 10374ft2 - North Glendale, upscale quality 10-unit Apt. for sale (Glendale)

Custom-built, well-maintained upscale North Glendale quality building.
Built in 1987 owned by the original builder.
In order to reduce stress, the sale will only be entered once a suitable exchange property is identified in a 1031 deferred tax exchange.
This may take some time to allow flexibility upfront to avoid the "days" restraints put by the regulations for the exchange.
Centrally located in the desirable Northwest Glendale adjacent to Hoover High School and others.
The property is minutes from Downtown Glendale, Glendale Galleria, The Americana, Universal Studios, and Burbank Studios.
Close to the 5 and 134 Freeways and public transportation.
The annual estimated gross rental income is 325,000.
Utilities 9,000 Insurance 8,000 Gardening 2,000 Repairs 5,000 Property tax-adjusted by the new purchase price.
10 units approximately 10,374 square feet.
See detail for each unit below.
The roof is 15 years old.
2 years old, 10 brand new 2.
5-ton air conditioning with a 10-year warranty.
2 years old, 10 brand new water heaters.
One 3-bedroom, Four townhouse style, Five 2 bedrooms, 18 subterranean parking spaces.
10 soon-to-be-installed EV charging stations dedicated to each unit.
Common area 2 washers and dryers plus, 6 units with in-unit washer dryer.
Selling as-is.
Unit 1 Monthly rent 3650.
00 • Remodeled 3 Bedrooms, 2 Baths.
Front first floor.
• Hardwood floors in the living and dining area.
Pergo floors in the bedrooms, tiled floors in the bathrooms, and kitchen.
Crown molding.
• Maytag Stainless Steel Dishwasher, self-cleaning GE stove.
• Large closets in the bedrooms, a large pantry, a coat closet, and a storage closet.
• Brand new central air conditioning.
• Washer and dryer in unit.
• The apartment is located on the first floor at the front of the building.
• 1,195 square feet.
Unit 2 Owner unit.
Potential rent 3450.
00 • Remodeled 2 Bedrooms, 2 Baths.
Front second floor with a spacious balcony running across the width of the building.
• Pergo floors, crown molding, dishwasher, self-cleaning oven.
• Washer and dryer in the unit.
• Brand new central air conditioning.
• 934 square feet.
Unit 3 Monthly rent 2750.
00 Remodeled 2 Bedrooms, 2 Baths.
Middle first floor.
• Lots of closet space in the unit, including a huge walk-in closet in the master bedroom and a large storage/pantry in the hallway.
• Italian tile floors throughout.
• Beautiful cozy kitchen, quartz countertops, self-cleaning GE stove, dishwasher.
Brand new central air conditioning.
• No washer dryer hookup in the unit, • 950 square feet Unit 4 Monthly rent 2750.
00 • Remodeled 2 Bedrooms, 2.
5 Baths.
The second floor with an incredible view.
• Townhouse Style: The unit begins with the living and dining on the second floor of the building and bedrooms on the third floor of the building.
The unit is in the middle of the building (facing south).
It gets a lot of light and has incredible views.
• Kitchen includes quartz countertops, self-cleaning GE stove, dishwasher • Brand new central air conditioning.
• In-unit Bosch Washer and Dryer.
• Large walk-in closet in the master bedroom.
• Pergo laminated floors and Mediterranean tiles.
• Small bedroom has a tilted ceiling with a skylight.
• 968 square feet.
Unit 5 Monthly rent 3250.
00 • Remodeled 2 Bedrooms, 2.
5 Baths.
The second floor with an incredible view.
• Townhouse Style: The unit begins with the living and dining on the second floor of the building and bedrooms on the third floor of the building.
The unit is in the middle of the building (facing North).
It gets a lot of light and has incredible views.
• Small bedroom has a tilted ceiling with a skylight.
• Beautiful views.
• Pergo laminated floors, crown molding, dishwasher, self-cleaning oven Brand new central air conditioning.
• 1,070 square feet.
Unit 6 Monthly rent 2750.
00 • Remodeled 2 Bedrooms, 2 Baths.
Rear first floor.
• Tiled floors, crown molding, dishwasher, self-cleaning oven, granite countertops.
• Huge Walk-In Closet in the master bedroom and Large Storage/Pantry in Hallway.
Includes Wet Bar • Brand new central air conditioning.
• Bosch washer and dryer in the unit.
• 956 square feet.
Unit 7 Monthly rent 2850.
00 • Remodeled, 2 bedrooms, 2 Baths.
Rear second floor.
• Lots of closet space in the unit, including large closets in both bedrooms, a large storage/pantry in the living-dining room, and a linen closet in the hallway.
• Additional cabinet storage space in subterranean parking.
• Italian tile floors in the kitchen and bathroom.
• Crown moldings.
• Beautiful cozy kitchen, quartz countertops, self-cleaning GE stove, dishwasher, • Brand new central air conditioning.
• In-unit Bosch washer and dryer.
.
934 sq.
ft.
Unit 8 Monthly rent 2750.
00 long-term tenant • Remodeled 2 Bedrooms, 2 Baths.
Middle first floor.
• Crown molding throughout the unit.
• Beautifully updated kitchen with new cabinets and granite countertops with self-cleaning GE stove, and dishwasher.
• Large storage pantry in the hallway.
• Brand new central air conditioning.
• Large walk-in closet in the master bedroom.
• New cabinets and granite countertops in bathrooms.
• Tiled floors throughout the unit.
• No washer and dryer hookup in the unit.
.
950 square feet.
Unit 9 Monthly rent 3150.
00 • Remodeled 2 Bedrooms, 2.
5 Baths.
The second floor with an incredible view.
• Townhouse Style: The unit begins with the living and dining on the second floor of the building and bedrooms on the third floor of the building.
The unit is in the middle of the building (facing north).
• Newly remodeled, with brand new kitchen and bathrooms.
• Kitchen includes quartz countertops, self-cleaning GE stove, dishwasher • Brand new central air conditioning.
• In-Unit Bosch washer and dryer.
• Large walk-in closet in the master bedroom.
• Brand new laminated floors and Mediterranean tiles.
• Small bedroom has a tilted ceiling with a skylight.
• 968 square feet.
Unit 10 Long-term tenant monthly rent 2750.
00 • 2 Bedrooms, 2.
5 Baths.
The second floor with an incredible view.
• Townhouse Style: The unit begins with the living and dining on the second floor of the building and bedrooms on the third floor of the building.
The unit is in the middle of the building (facing south).
It gets a lot of light and has incredible views.
• Small bedroom has a tiled ceiling with a skylight with a large closet.
• Crown molding throughout.
• Beautiful cozy kitchen, with self-cleaning GE stove and dishwasher • Brand new central air conditioning.
• Large walk-in closet in the master bedroom.
• Pergo floors throughout the unit.
• No washer and dryer hookup in the unit.
• 1070 square feet.