About 907 Glendale Blvd
Highly sought after bungalow structures located directly across Echo Park Lake. The opportunity consists of five (5) structures for ten units including six (6) studio units and four (4) one-bedroom units. There is approximately thirty-eight (38%) percent rental upside that can be achieved through unit turnover. In addition, there are four (4) single car garages allocated to the one-bedroom units. More importantly, there is assumable financing at a fixed rate of 3.66% till 2032 which is extremely attractive relative to today's capital markets.
Features of 907 Glendale Blvd
| MLS® # | 23-292227 |
|---|---|
| Price | $2,575,000 |
| Bedrooms | 4 |
| Bathrooms | 10.00 |
| Square Footage | 4,312 |
| Acres | 0.17 |
| Year Built | 1923 |
| Type | Residential Income |
| Sub-Type | Apartment Building |
| Status | Active |
Community Information
| Address | 907 Glendale Blvd |
|---|---|
| Area | Silver Lake - Echo Park |
| City | LOS ANGELES |
| County | Los Angeles |
| State | CA |
| Zip Code | 90026 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Garages | Assigned |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall |
|---|---|
| Cooling | Wall/Window |
| Fireplace | No |
| # of Stories | 1 |
| Has Basement | No |
Additional Information
| Date Listed | July 19th, 2023 |
|---|---|
| Days on Market | 290 |
| Zoning | LARD2 |
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Andres Diaz (01956479) |
|---|---|
| Office | Keller Williams Downtown LA |