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Multifamily Property For Sale $3,075,000

1048 Linden Avenue

September 27, 2022

1048 Linden Avenue
Glendale, CA 91201


Eight units; wonderful opportunity to acquire a very well maintained multifamily income property in the Grandview neighborhood of Glendale; the property is comprised of four (4) two (2) bedroom, one (1) bathroom units and four (4) one (1) bedroom, one (1) bathroom units; the property is 7,529 square feet of building (per Assessor) on 7,822 square feet of land; the building was constructed in 1960; the units are separately metered for gas and electricity; new central hot water heater in 2019; new laundry machines (Speed Queen) in 2020; generous upside in rents; parking is six (6) spaces in three (3) two (2) car, closed garages off the alley; all windows replaced in 2017; roof replaced in 2015; copper plumbing throughout; sewer connection in the public right-of-way has been replaced; wall air conditioning in all of the units; two (2) units upgraded in terms of flooring, countertops and cabinetry; three (3) units with upgraded flooring; located just south of Glenoaks Boulevard and east of Alameda Avenue near Downtown Burbank; less than 1/3 of a mile to Trader Joe’s and Walgreens; for more information, contact Randy Stevenson x155 or Kris Hons x127 at 818.956.7001.

Randy Stevenson DRE #: 01228475.

Kris Hons DRE #: 01807261.

Stevenson Real Estate Services DRE #: 00983560.