Active
950 N Louise St
Glendale CA, 91207
$10,800,000
$311.24 per sqft
Active
52 Beds
49 Baths
34,700 sqft
Multi-family
Built in 1967
A truly unique and rare opportunity to purchase a twenty-five (25) unit apartment building located in prime Glendale, resting in the hills above Glenoaks. Originally constructed in 1967, the property features one building with three floors. The property features large and spacious units with an average size of 1,388 square feet and a unit mix of twenty-one (21) 2 bedroom 2 bathroom units, three (3) 3 bedroom 2 bathroom units, and one (1) 1 bedroom 1 bathroom non-conforming unit. Each unit comes with a storage locker (located in the laundry room), one assigned parking space (select units have 2 spaces, and a private patio/balcony. Landlord pays electrical utility bill for the for the common AC System. Each unit has its own thermostat and coil system. The laundry machines are owned. Seventeen (17) units have been upgraded over the years with hardwood floors and granite countertops. Common area amenities included secured parking and on-site coin operated laundry facilities, common A/C Tower with Chiller and common boiler. Units are separately metered for electricity, and do not feature gas. The only gas portion of the building is for the boiler. Ownership has spent over $1,000,000 on capital improvements.
24-416677
MLSⓇ ID
July 17, 2024
Listed
August 23, 2024
Updated
Map
950 N Louise St
Glendale CA, 91207
Interior Features
Total Stories
3
Bedrooms
52
Total Bathrooms
49
Appliances
Dishwasher, Elevator, Microwave, Range/Oven
Fireplace
No
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.39 Acres
Other Property Details
Area Name
Rossmoyne & Verdugo Woodlands
Days on Market
42
Garage
No
Parking
Assigned, Controlled Entrance
Parking Total
33
View
No
County
Los Angeles
Pool
No
Zoning
R1250
Listing History
Date | Event | Price |
---|---|---|
8/23/2024 | Price change | $10,800,000 -7% |
Listed by Andy Anubhav Kawatra with Andy Anubhav Kawatra
Listing Contact: 818-456-7846
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Enrique Lizarazu shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 8/23/2024