827 Mariposa Street Glendale, CA 91205
The offering represents the highest in-place-yielding apartments for sale currently in the city of Glendale* Owned and operated by the same family for over 2 decades, they have exerted extensive capital improvements throughout their tenure. The property consists of 2 story 1+1+Dens that are all functioning as as 2+1. All units have individual washer & dryer hookups and water heaters. Electrical is updated and the property is individually metered for gas & electricity. With an average in-place rent of $2,285, there is a significant loss to lease (11%+) Additionally, the incorporating of potential (2) 1+1 ADUs in th parking lot, can take a new buyers pro forma yield to 7.5%* Casa De Mariposa with a WalkScore of 91! is situated less than 1 mile to Americana at Brand and all of the robust shopping dining & entertainment along downtown Glendale. (*) buyer to verify. For the offering memorandum or any questions, call Greg Alexanian.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site19 Days
- MLS StatusActive
- MLS ID NumberSR24080276
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.2328 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 827 Mariposa Street Glendale, CA 91205
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General Features
- Terms CashConventionalExchange
- Stories 2 Story
Exterior Features
- Pool N/K