1247 - 1251 Boynton Street, Glendale, California 91205
$2,650,000 (Sold At) $2,650,000Property Details
Property Description
Pride of ownership abounds this amazing investment opportunity in Glendale. With 3 separate structures, 9 completely undervalued units in an area with access to and from local amenities, The Americana and local highways, these series of carefully maintained properties can be a rewarding investment.
This property consists of 9 total units which includes a 3 bedroom 2 bath single family residence, a duplex with (2) 2 bedrooms/1 bath units along with a 6 unit building all with 2 bedrooms/1 bath. There are a total of 3 separate structures totaling 8,188 square feet. The lot is 22,161 square feet (per assessor). Enclosed is the entire setup, current income and future projections of rent. Family owned, operated, and maintained for decades, these properties have been well cared for throughout the years. There’s no wonder why it is fully occupied with an amazingly low vacancy rate.
The neighboring schools, communities, and expanding and improving projects within the local area make this investment a plus for any investor - whether first time or seasoned.
The upside potential has been calculated with conservative figures and seems easily obtainable from anyone who wants to take this investment to the next level.
Please call 818-FOR-SALE with any other questions. And of course, tenants are unaware of this sale and we ask that you only do drive-bys. Offers are all subject to inspection.
Location
1247 - 1251 Boynton Street, Glendale, California 91205
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