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Multifamliy Property For Sale $4,250,000

Linden Avenue

September 27, 2022

1044 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 eight two (2) bedroom, two (2) bathroom units of approximately 1,000 square feet each (8,000 square feet per Assessor on 7,926 square feet of land); the building was constructed in 1985; the units are separately metered for gas and electricity; new central hot water heater in 2018; new laundry machines (Speed Queen) in 2020; generous upside in rents; semi-subterranean parking garage striped for fourteen (14) parking spaces, but there are two (2) additional, parallel spaces that have been demarcated and are used by the tenants; all eight central HVAC units were replaced in the last twelve (12) months; roof replaced in 2020; new elastomeric deck system installed in 2020; sewer connection in the public right-of-way has been replaced; four (4) units upgraded in terms of flooring, countertops and cabinetry; 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.