1905 Vassar St, Glendale, CA 91204

$2,510,000
10
BD
9
BA
5,527
SqFt
Sold Price
$2,510,000
List Price
$2,695,000
Closing Date
Feb 07, 2024
MLS#
22-160119
Status
SOLD
Type
Multifamily
Bedrooms
10
Bathrooms
9
Living Area
5,527

Property Description

Don't miss this opportunity to own this beautiful seven-unit turnkey property located in the family-oriented and business-friendly Glendale submarket. The subject property is conveniently located in South Glendale giving tenants easy access to the amenities in Glendale, Atwater Village and DTLA. The 5,527sf two-story building sits on a 7,996sf lot, and is comprised of (2) two bedroom and two bathroom units, (1) two bedroom and one bathroom unit and (4) one bedroom and one bathroom units. All of the units have been fully remodeled including new plumbing and electrical. These spacious, open layout units include engineered hard wood floors, quartz counters, new cabinets, dishwashers, in unit stacked washer/dryers and plenty of natural light. Please note the current owners are achieving 100% rent collections throughout the COVID-19 pandemic. This turnkey property features 7 parking spaces and all units are individually metered for electricity. IMPORTANT NOTE: The Interest Rate of said Loan, 4.21% will remain fixed until July 2026, then become variable, all due in July 2049. Buyer to pay 1% assumption fee plus customary lender underwriting expenses.

Additional Information

Year Built
1962
Garage
Carport

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Mark Konopaske, Mark Konopaske. Selling Office: .

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