We are pleased to present this 7 unit offering in an excellent Glendale location. 1256 Mariposa St is located on a quiet tree lined street, just walking distance to parks, restaurants, shopping, grocery stores and schools. The subject property has an excellent unit mix consisting of (3) 2 Bed/1.5 Bath, (1)2 Bed/2 Bath, and (3) 1 Bed/1 Bath apartments. (1)2 Bed/2 Bath will be delivered vacant and remodeled. The 4,711 square foot building was built in 1966 and sits on a nice sized 7,520 square foot lot zoned GRL4YY. The building is well parked with 8 parking spaces and also has on-site laundry adding additional income. 4 of the 7 units have been completely renovated with excellent finishes. Additionally, there is still significant upside potential in rents making this a great value add opportunity.
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