354 W Elk Av,
Glendale, CA 91204
已成交 成交價: $191.9萬 成交日期: 2023年06月05日
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

6344 平方英呎
(589平方米)

1946 年

2

2 停車位

地產編號: SR22241201
所處郡縣: LA
面積單價:$622.85/sq.ft ($6,704 / 平方米)
房屋簡介

$100,000 price reduction... We are pleased to introduce a rare opportunity to acquire a TRUE walk to Americana & Galleria investment opportunity. Elk Americana is comprised of 6 units which are all renovated. Situated just 1 block from both, this 6 unit offering awards tenants the utmost walkability with a Walk Score of 91! The current ownership has done an astute job of renovating units to modern amenity finishes which complements the craftsman styled feel of the property. Due to the property’s unique aesthetic and proximity to downtown Glendale, vacancy is either non-existent or quickly absorbed. New ownership can continue to run this ease of management asset while capturing loss to lease with minimal effort. Rear building was repipied in 2019. Offered at a very attractive in-place CAP rate of 4.35% and 15.7 GRM, that asset at market rents will provide 5.02% CAP and 14.1 GRM, hard to find metrics in the Gem City. ** Contact listing agent for offering memorandum **

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