1001 E Acacia Ave, Glendale, CA 91205

$3,025,000
10
BD
11
BA
6,096
SqFt
Sold Price
$3,025,000
List Price
$3,110,000
Closing Date
Sep 24, 2020
MLS#
20-568464
Status
SOLD
Type
Multifamily
Bedrooms
10
Bathrooms
11
Living Area
6,096

Property Description

The property has been recently modernized, with several new capital improvements to help boost both the property's intrinsic value and its future cash flow. Select apartments have been fully updated with high-end features, including luxury vinyl plank flooring, new kitchen cabinets, stainless steel appliances, and commercial kitchen sink faucets. Upgraded units also feature modern bathroom fixtures, new sink vanities, new toilets, and new ceiling fans. Brand new laundry facilities were installed, which provide an additional income stream for the future owner.The front of the property was recently landscaped and surrounded by a privacy hedge, providing a more secluded outdoor area for one apartment, which in turn has produced higher rent. A brand new coating was applied to the driveway, to help further reduce future maintenance costs. The building also features all new windows.The building sits near the intersection of Chevy Chase Drive and Adams Street.

Additional Information

Year Built
1961
Garage
Assigned

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Courtesy of Marcus & Millichap, Roderick 'Rick' Raymundo. Selling Office: .

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