Glendale, CA 91205,412 Fischer ST
Glendale, CA 91205,412 Fischer ST
Glendale, CA 91205,412 Fischer ST
Glendale, CA 91205,412 Fischer ST
Glendale, CA 91205,412 Fischer ST
Glendale, CA 91205,412 Fischer ST
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$2,700,000

$3,145,000

14.1%
Est.Price: ?

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Est. payment /mo

15 Beds

13 Baths

6,492 SqFt


SOLD DATE : 04/30/2024

Key Details

Sold Price $2,700,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,492 sqft

Price per Sqft $415

MLS Listing ID 24362049

Sold Date 04/30/24

Bedrooms 15

HOA Y/N No

Year Built 1986

Lot Size 7,453 Sqft

Property Description

We are thrilled to present an exclusive opportunity - a remarkable 7-unit building now available for sale after 36 years. Built in 1986, this building features spacious 2 & 3-bedroom units, situated in the highly sought-after Glendale area, with minimal to no vacancy rates. Comprising the 7 units are: (ONE) 3 Bed + 2.5 Bath townhome-style unit; (FOUR) 2 Bed + 2 Bath units; and (TWO) 2 Bed + 1 Bath units. This presents a promising value-add opportunity, with separate metering for gas and electricity along with Central Air Conditioning. Tenants benefit from the convenience of washer and dryer hook-ups in select units, supplemented by an additional laundry room in the common area equipped with leased laundry equipment. The property features an updated roof, secured parking, and entry offering 13 covered spaces, complemented by private storage rooms for all units. Furthermore, the current CHASE Loan offers an assumable 3.28% interest rate, fixed until May 1, 2026 (interested parties are encouraged to contact the listing agent for further details).Conveniently located near the retail corridor of E. Colorado Blvd., Glendale High School, Shopping Centers, and Windsor Park, this property presents an ideal opportunity with promising rental upside potential while adhering to Glendale's Rent Ordinance.

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLR4YY

Interior

Cooling Central Air

Fireplace No

Exterior

Parking Features Covered

Total Parking Spaces 13

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5680016014

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Shant Sherbetdjian • Remax Commercial and Investment Realty
Bought with Shant Sherbetdjian • Remax Commercial and Investment Realty

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