Property Detail

Description

This 9 unit apartment community in Glassell Park offers a desirable unit mix, convenient location and significant rent upside. This property is composed of one 3 bed/2 bath unit; one 2 bed/2 bath unit; three 2 bed/1 bath units; three 1 bed/1 bath units; and one studio. All units are occupied. Upon tenant turnover, this property presents a potential 47% upside in rental income. Located in a residential area near schools, the Glassell Park & Recreation Center, and access to the Glendale Freeway, this property is also a short drive from Occidental College and shops & dining on York St to the East, Glendale to the North, Griffith Park to the West, and all that Greater Los Angeles has to offer.