519 Justin Ave

Glendale, ca

 

$4,000,000

 
 
 
 

7

UNITS

$425

PRICE/SF

$571,429

PRICE/UNIT

3.79%

CAP

17.55

GRM

4.55%

PRO FORMA CAP

15.36

PRO FORMA GRM
 

LAAA is proud to present the rare opportunity to acquire 7 town home units located at 519 Justin Ave in Glendale, California. Built in 1990, the offering is well maintained and sits on 9,179 SF of land with 9,401 SF of building comprised of seven spacious 3 bedroom / 2.5 bathroom units. The offering features a brand new roof and each unit has their own individual APN and attached two car private garage. The large units average 1,350 SF and five of the seven units have been completely renovated. In a great location, the Property is located less than 4 miles from the premier shopping, dining and entertainment destinations of the Glendale Galleria and Americana at Brand. This investment provides the opportunity to own a extraordinary property in a strong and centrally located rental pocket with the added benefit to sell each unit individually.

 
 
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Glen Scher

Vice President

O: (818) 212-2808

M: (818) 667-6683

Email Now

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Filip Niculete

Vice President

O: (818) 212-2748

M: (818) 577-9893

Email Now