Under Contract
412 Fischer St
Glendale CA, 91205
$3,145,000
$484.44 per sqft
Under Contract
15 Beds
6,492 sqft
Residential
Built in 1986
We are thrilled to present an exclusive opportunity - a remarkable 7-unit building now available for sale after 36 years. Built in 1986, this building features spacious 2 & 3-bedroom units, situated in the highly sought-after Glendale area, with minimal to no vacancy rates. Comprising the 7 units are: (ONE) 3 Bed + 2.5 Bath townhome-style unit; (FOUR) 2 Bed + 2 Bath units; and (TWO) 2 Bed + 1 Bath units. This presents a promising value-add opportunity, with separate metering for gas and electricity along with Central Air Conditioning. Tenants benefit from the convenience of washer and dryer hook-ups in select units, supplemented by an additional laundry room in the common area equipped with leased laundry equipment. The property features an updated roof, secured parking, and entry offering 13 covered spaces, complemented by private storage rooms for all units. Furthermore, the current CHASE Loan offers an assumable 3.28% interest rate, fixed until May 1, 2026 (interested parties are encouraged to contact the listing agent for further details).Conveniently located near the retail corridor of E. Colorado Blvd., Glendale High School, Shopping Centers, and Windsor Park, this property presents an ideal opportunity with promising rental upside potential while adhering to Glendale's Rent Ordinance.
24-362049
MLSⓇ ID
February 26, 2024
Listed
April 5, 2024
Updated
Map
412 Fischer St
Glendale CA, 91205
Interior Features
Total Stories
2
Bedrooms
15 Beds
Appliances
Intercom, Gas Dryer Hookup, Other
Laundry Description
Laundry Area, In Unit
Fireplace
No
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.17 Acres
Other Property Details
Area Name
Glendale-South of 134 Fwy
Days on Market
25
Garage
No
Parking
Covered Parking
Parking Total
13
View
No
County
Los Angeles
Pool
No
Zoning
GLR4YY
Listing History
Date | Event | Price |
---|---|---|
3/22/2024 | Under Contract | — |
Listed by Shant Sherbetdjian with Remax Commercial and Investment Realty
Listing Contact: 626-657-8150
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Cari Field Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 4/5/2024