950 N Louise Street Glendale, CA 91207
A truly unique and rare opportunity to purchase a twenty-five (25) unit apartment building located in prime Glendale, resting in the hills above Glenoaks. Originally constructed in 1967, the property features one building with three floors. The property features large and spacious units with an average size of 1, 388 square feet and a unit mix of twenty-one (21) 2 bedroom 2 bathroom units, three (3) 3 bedroom 2 bathroom units, and one (1) 1 bedroom 1 bathroom non-conforming unit. Each unit comes with a storage locker (located in the laundry room), one assigned parking space (select units have 2 spaces, and a private patio/balcony. Landlord pays electrical utility bill for the for the common AC System. Each unit has its own thermostat and coil system. The laundry machines are owned. Seventeen (17) units have been upgraded over the years with hardwood floors and granite countertops. Common area amenities included secured parking and on-site coin operated laundry facilities, common A/C Tower with Chiller and common boiler. Units are separately metered for electricity, and do not feature gas. The only gas portion of the building is for the boiler. Ownership has spent over $1, 000, 000 on capital improvements.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site58 Days
- MLS StatusActive
- MLS ID Number24416677
- Home Size Source N/A
- Year Built1967
- Lot Size0.3911 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking AssignedControlled Entrance
- Parking Spaces 33
- Number of Stories Multi/Split3
- Acreage 0.3911
- Security Card/ Code Access
- Zoning R1250
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Heating Central
- Appliances DishwasherMicrowave
Community Features
- Senior Community No
- MLS Area 627 - Rossmoyne & Verdu Woodlands
- Security Features Card/ Code Access