610 PALM Drive Glendale, CA 91202

$6,300,000 13,080 sq. ft.

610 PALM Drive

 
Year Built: 1988
Interior: 13,080 sq. ft. (approx.)
Land: 0.30 acres (approx.)
MLS ID: 17289268_CLAW

A 16 unit apartment complex located in the non-rent controlled City of Glendale, California. The offering provides an investor a tremendous opportunity to acquire a very well- maintained asset with approximately 25% in immediate rental upside, achievable through building/individual unit upgrades and structured rental increases. The property is being offered free and clear of any debt encumbrances. Each unit has their own washer-dryer hook-ups and water heaters. 4 units come with balcony decks and 8 come with large private patios. Some of the units have been recently upgraded with new appliances, carpeting, laminated wood flooring and kitchen/bathroom cabinet re-facing. There are 28 gated subterranean parking spaces. Landlord is responsible for cold water, sewage and trash. Tenant is responsible for hot water, gas and electricity.



 
 
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Interior Features

Heating & Cooling
Central A/C
Central Furnace

Other Features
Gated Community
Resident Manager

Exterior Features

Type of Property
Residential Income

Garage/Parking
Parking Lot Bays: 28

Views
No View

Property/Lot Details

Building Amenities
Balcony

This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. EQUAL HOUSING OPPORTUNITY
 
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carets-mlsBased on information from the Association of REALTORS®/Multiple Listing as of January 19th 2018. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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