14 Unit Apartment Building $3,795,000 ($271,071/Unit) Glendale, CA 91205
Investment Highlights
Amazing Glendale Location
Long-Time Tenants With Upside
Well-Managed Family Asset
Executive Summary
**Major Price Reduction** 1442 E Maple Street, a 14-unit apartment complex in the highly desirable City of Glendale. Less than 2 miles from the world famous Americana and walking distance to several restaurants and amenities. The property consists of 14 units. Built in 1958, the exterior of the building was recently updated with brand new windows and the parking lot asphalt was repaired and resealed within the last 5 years. The Property, located one block off Colorado Blvd & The 2 FWY, consists of the main structure & a large parking lot, with 12 – 1 bed room/1 bath room and 2 – 2 bed room/1 bath room apartments. There is a large onsite parking lot with parking spaces for each unit. 1442 E Maple Street has perhaps one of the best freeway accessible locations in all of Glendale with quick access to both the 2 FWY and the 134 FWY. Seller is motivated to look at all offers. Upcoming rent increases in February. Call Broker for More Info and MatterPort Tours.
