MarketPier

363 W Lexington Drive - Glendale, CA 91203

$2,880,000
Listing Description

8 unit building located in central downtown Glendale. All units are currently rented with long term tenants. 6 units are 1 bedroom and 1 bath. 2 units are 2 bedroom and 2 bath. See attached supplement for rent roll and financial information.

Listing Information
MLS Number
WS19112994
APN/Parcel ID
5637004019
Type
Multifamily
Sub Type
Multifamily
Building Size
6,348 sqft
Lot Size
7,821 sqft
Price / SQFT
$454
No Units
8
Price / Unit
$360,000
Gross Scheduled Income
$143,400
Expenses
$66,602
Total Expenses
$66,602
Net Income
$72,496
Cap Rate
2.52%
Listing Date
5/15/2019
Days Active
3
Last Updated
5/19/2019
Listing Provided By
ERNIE LOO
ERNIE LOO
BRE# 01425787

Thank You

An email has been sent. Someone will be in touch soon!

Contact Agent

Please Complete All Required Fields.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or with the appropriate professionals.