Price Reduction
Address
401 W Glenoaks Boulevard Glendale, CA
Price
$ 11,200,000
Property Attributes
  • MLS#AR18093012
  • TypeIncome
  • CountyLOS ANGELES
  • CityGlendale
  • AreaGlendale-Northwest
  • Zip91202
  • Style
  • Price$ 11,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16620
  • Lot Size0.71 Acres
Listing Provided Courtesy Of:
Handoko Chen with GIG Real Estate Inc..
Property Description

PACIFICA - a 40-unit upgraded apartment community in the highly-desirable City of Glendale, California. This offering presents opportunity for 1031 exchange buyers or long-term investors to acquire a stabilized and extensively upgraded property with rental upside potential in a mature and strong location. The property is a two-story garden style apartment that was built in 1956 and has undergone extensive renovations in the past 5 years. The electrical system was upgraded from master meter system to individual meter for each unit. The landscaping has been completely redone and transformed into a tranquil setting with brick pavers and palm trees complete with outdoor seating area (modern-style patio furniture) and hanging garden lighting fixtures. Other major upgrades include copper plumbing, double pane windows throughout, new staircase deck and railings, completely refurbished pool area, new doors for upgraded unit, each windows A/C and wall heater has been replaced with new ductless split HVAC for upgraded unit, new fencing around pool area, new bike racks, and LED lighting fixtures for common area.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
4/23/2018 Listed $11,690,000
6/26/2018 5% - $11,200,000

General Features

Attached Structure Attached
Community Features Suburban, Urban
Directions FWY 134 EXIT PACIFIC AVE, go north and make right turn on Glenoaks Blvd
HOA Fee 0.00
Levels Two
Listagentstatelicense 01749321
Listing Agent Handoko Chen - BRE#01749321
MLS Area 626 - Glendale-Northwest
Number of Units Leased 40
Price Per Square Foot 673.89
Property Attached Y/N 1
Special Listing Conditions Standard
Total Units 40
Zoning GLR4YY

Interior Features

Air Conditioning Y/N 1
Average1bedareaunits Square Feet
Average2bedareaunits Square Feet
Average3bedareaunits Square Feet
Averagestudioareaunits Square Feet
Common Walls 2+ Common Walls
Cooling See Remarks
Fireplace Features None
Heating See Remarks
Heating Y/N 1
Laundry Features Area
Laundry Y/N 1
Number of Wall ACs 40
Numberwithdisposal 40
Numberwithrange 40
Total Stories 2
Utilities See Remarks, Sewer Connected, Water Connected

Exterior Features

Building Area Total 16620.00
Carport Spaces 0.00
Garage Spaces 0.00
Lot Features Level with Street, Lot 20000-39999 Sqft
Lot Size Source Assessor
Lot Size Square Feet 31030.00
Lotsizeunits Square Feet
Number of Buildings 2
Number of Separate Electric Meters 40
Number of Separate Gas Meters 1
Number of Separate Water Meters 1
Parking Features Assigned
Parking Y/N 1
Pool Features Community Pool, Fenced, In Ground
Total Parking 42.00
Uncoveredspaces 42.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91202

Price
AVG $6.25M
$11.2M
Visits
AVG 81
286
Year Built
AVG 1951
1956

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