We are proud to exclusively present a multifamily opportunity located at 435 N Euclid Avenue in the City of Pasadena! 435 N Euclid Avenue is positioned in the highly desirable and vibrant Villa Parke neighborhood of Pasadena. The property is situated between E Villa Street and E Maple Street approximately less than one mile of the 210 Foothill Freeway. The location is also one mile away from the renowned and upscale neighborhood of the Pasadena Playhouse District, which is home to the Pasadena Playhouse Auditorium and several museums, galleries, and popular eateries. 435 N Euclid Avenue is a rare, 2-story, 37-unit property originally built in 1965 with renovations recently completed in 2023 and ADUs currently under construction in 2024. The property is situated on a single parcel of land for a total of 23,268 square feet and a total building size of 25,347 square feet. The property features an excellent unit mix of one-bed/one-bathroom, two-bedroom/one-bathroom, and two-bedroom/two-bathroom units averaging 685 square feet per unit. The property features renovated exteriors with covered parking, additional storage space, secure gated entry, courtyard with string lights, outdoor seating area and lush, mature landscaping. Units are renovated with stainless steel appliances, gas
Graceland Apartments, located at 107 N. Columbus Avenue, is a 13-unit historic American Four Square asset, located one block from the Glendale Americana. Current ownership has spent over one million dollars on capital improvements, including new electrical system, plumbing, and roofs. Spread across two parcels, Graceland Apartments has a strong unit mix, comprised of (2) 2 BD/1 BA, (6) 1 BD/1 BA, and (5) studios. Boasting spacious floorplans, the majority of the units have been thoughtfully restored to capitalize on the strong tenant base in the area. Current ownership has implemented a RUBS program across all units to improve operational efficiencies, allowing new ownership to operate the asset at a sub 30% expense ratio. Ten existing garages provide current income and also have the potential to be converted into (3) 2 BD/1 BA ADUs (approx. 700 SF each) for additional rental revenue of approximately $34,605 annually. Based on estimates, a new owner can achieve a return on cost of nearly 333%. by raising rents to market and investing into ADU construction.
18-Unit apartment complex with 1 Commercial Space with approximately 2,900 sf of rentable space. Motivated SELLER!!! Note on property is ASSUMABLE WITH A RATE OF 3.75% UNTIL 10/2026 or SELLER IS WILLING TO FINANCE THE DEAL WITH VERY REASONABLE RATE AND TERMS (CONTACT AGENT FOR MORE INFORMATION), contact agent for terms. Located in the heart of Old Town Pasadena this complex is just a few steps away from local eateries and bars, and also shops. The property was built in 2002 and shows pride of ownership with a well-maintained building and units. All units are approximately 900 sf is size and are all 2 bedrooms and 2 bathrooms and come with their own laundry units. There are a total of 29 surface and subterranean parking with 2 handicapped spaces. Situated in the heart of Old Town Pasadena, with a lot of 9,028 square feet. The property is located just 11.3 miles from Downtown Los Angeles and within 2 miles of three top major colleges Art Center College of Design, California Institute of Technology, and Pasadena City College. The property is also located 0.3 miles from the Parsons Corporation and 0.5 miles to Pasadena City Hall and approximately 4.6 miles to JPL. Across the street are Pasadena Memorial Park and the Memorial Park Metro Gold Line Station making an easy commute for tho
Located within the walls of the historic Raymond Theater, Unit 413 is a one-of-a-kind unit. This is a very unique live-work unit in the heart of Old Town Pasadena. The entrance of this private unit is a modern glass facade. Once inside, you are greeted with a high ceiling large entry room that separates the workspace from the living space. Upstairs is the living space loft, with an upgraded kitchen and dining area looking down to the entry room. Down the hallway are a full bathroom and a decent size bedroom with a walk-in closet. On the right side of the entry room and down the hallway is the workspace. Equipped with its own kitchen that opens up to a den. You also have a half bath and laundry room. On the left-hand side is a spacious high-ceiling office with tons of windows for natural lighting. Within that office space is a spiral staircase leading up to a loft with additional workspace and a futuristic 360-degree bathroom. The room right next to it is a conference with the most amazing balcony view of the old Raymond Theater and its historic firewall with the iconic painting of Yosemite Park. Next to the conference room is a large high-ceiling suite with enough room to place a bed set, couch, and desk area spaciously. It is conveniently located in the heart of the world-renown
Exceptional investment opportunity in Glendale! This eight-unit income property is a prime asset for investors. Located in a desirable area, these units boast a combination of modern amenities and classic charm. This 8-unit building offers the pinnacle of comfort with central AC & Heat and the convenience of in-unit washer-dryers. Featuring a mix of 2-bed/2-bath units and 1-bed/1-bath units. Strong rental history and potential for increased income, this property is a promising addition to any investment portfolio. Don't miss the chance to own this well-equipped and strategically located property in Glendale. Bring in your highest best offer. Drive by only!
Listed price has just been reduced by $500,000! The subject is a nine-unit woodframe and stucco luxury apartment building, constructed in 2021, with a convenient location in Tujunga, a suburban community within the City of Los Angeles. The subject is located just north of Foothill Boulevard and the Foothill (Interstate 210) Freeway, approximately one mile west of Glendale, two miles north of Burbank and less than eight miles from Pasadena. This stylish contemporary three-story building includes a central garage on the first story and an excellent mix of oversized two and three-bedroom units ranging up to 1,598 square feet in size in the second and third stories. The property has a center atrium, an elevator located in the lobby and a central garage with 21 vehicle spaces. Eight of the apartment units are one-level and one unit is two-story, townhouse-style. All units have contemporary kitchens with quartz countertops, dishwashers, gas range/ovens and microwave ovens. Bathrooms have luxury oversized state-of-the-art showers with full glass enclosures. Many rooms feature floor-to-ceiling windows. All units have recessed lighting, tankless water heaters, washer/dryers and central heating/air conditioning. Electricity and gas are separately metered to each unit. Zoning is LARD1.5. Ei
Unique and Prime investment opportunity 10 units in desirable Glendale Glenoaks area. Pride of ownership, Owns for about 50 years. Due to this long term ownership relationship with great tenants, the current rents have remained very low, leaving about 80% upside in rents Current rents are significantly below market, for 10 units totaling about $151,380 a year. One 3 bed 2 bath, Two 2 bed 1 bath, Five 1 bed 1 bath, Two single. The rents in the area for a 3 bedroom unit can be over $3,000, for 2 bed $2500 and 1 bed $2000 a month. Some TLC on this property current rents can potentially go up about $252,000 a year. The property is centrally located for commutes, supermarkets, restaurants and schools . Driving distance downtown Los Angeles, Burbank, Montrose, Americana and Glendale Galleria, NOHO district, Old Town Pasadena, and the Rose Parade, JPL. Local LA and Hollywood attractions include the Music Center, Disney Music Hall, and Hollywood Bowl. This 10 units is truly one of a kind and great investment. Per seller, inside 6 units are updated, Has copper plumbing, newer water heater, walk way, all wall heaters and wall A/Cs, about 13 parking, Everything in this area sells quickly, priced right and will not last long in this market.
Great opportunity to own this free standing building with front and backyard parking/storage space, gated driveway to accommodate your business/office needs. Located on a major street on Foothill Blvd in the heart of Tujunga next to and across the street from reputable businesses loved by locals. Foot traffic and thousands of cars passing by may boost your business exposure tremendously allowing locals see your business sign, your office, business and glance of what you and your business is about. Fist time for sale in many many years, this motivated seller priced it right for quicker sale. Property currently has a 3 year lease for $2,300 a month with 5% increase every year.
5.10% CAP Rate without doing any renovation! The 1063, a HIGH CAP Rate turnkey luxury 12-unit apartment community located in the highly desirable city of Glendale, bordered by the City of Burbank. The property offers superb location (Walk score 86) with access to many amenities, within walking distance to IKEA Burbank, Burbank Downtown, many shopping centers, close to schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). The offering is unique due to its prime location, High CAP Rate, and turnkey conditions. New owner can enjoy high quality location, asset, and good cash flow immediately without the hardships of relocating tenants and managing construction crews. 1063 Justin is a beautifully upgraded and maintained garden style apartment community built in 1963. It is a two-story walkup apartment consisting of 12 units. It offers a beautifully landscaped (drought tolerant) center courtyard common area. It offers a superb unit mix of four (4) LARGE 2 bed + 1 bath units, six (6) spacious 1 bed + 1 bath units, and two (2) Studio units. Each unit one has been fully upgraded with full electrical and plumbing upgrades (plumbing upgrade in unit), new high durability wood vinyl and tile flooring in bathr
$900,000 price reduction! Only $368K per door. 13.9 GRM 5.1% cap going in. We are pleased to be retained for this exclusive marketing assignment of the Elm Terraces in Glendale. This 34+1 n.c. unit apartment community is located in the most-sought rental pocket in all of the city, north of Glenoaks Blvd known as "El Miradero" / Grandview. The demand for rental housing in this pocket provides for historically low levels of vacancy and in turn premium in rental levels. The asset has been within the same family ownership for over 3 decades and presents an opportunity to unlock lock value by either loss to lease capture or a mild modernization update. Comprising mostly of 2+1.5 townhouse units, the Elm Terraces built in 1986, offers several key tenant amenities including individual hot water heaters, controlled intercom, and gated parking, ample parking, and storage. The walkability to a plethora of local shops, services, and cafes is a major benefit of living at the Elm Terraces.
1253 E. Washington Boulevard is situated on the corner of E. Washington Boulevard and N. Chester Avenue, between N. Lake Avenue and N. Hill Avenue, just a few blocks North of the 210 Freeway. The property is a short distance to grocery stores, restaurants, parks, and schools. The property is also within minutes to essential frequented city locations Shops on Lake Avenue, The Paseo, Oldtown Pasadena, Pasadena City College, California Institute of Technology, Jet Propulsion Laboratory, Art Center College of Design and Eaton Canyon Nature Center. The city of Pasadena is ideally located within Southern California and offers easy and convenient access to all of Los Angeles County, Ventura County, San Bernardino County and beyond through the 210, 134, 110, 2 and 5 freeways as well as the Allen Gold Line Metro Rail station. Significant local landmarks within a 20-mile radius include: The Huntington Library, The Rose Bowl, Dodger Stadium, Crypto. com Arena, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more. 1253 E. Washington Boulevard is a charming property situated on a large lot of approximately 15,921 square feet. The majority of the units consist of spacious cottage-style floorplans and all units are com
Excellent opportunity to purchase an eight (8) unit apartment building with a significant upside in rental income. 311 E. Maple Street is an 8-unit multifamily property in the desirable southeast area of Glendale, CA. This property provides a tremendous opportunity for an investor to acquire pride in ownership of an asset that has been professionally managed and cared for. As its the first time in the market after 39 years of ownership, this is truly an irreplaceable asset to own. The property is a two-story building that was constructed in 1974 and consists of two large 2bed and 1.3/4bath units and six 1bed and 1bath units. Large roomy units (Buyer to verify the square footage if required). It also includes thirteen (13) parking spaces that include a combination of a private two (2) car garage, which is being used by the owner as storage currently, eleven (11) surface carport parking spaces, which are used by the tenants, a large on-site laundry room, and very minimal landscaping. Most tenants are on a month-to-month basis, and units are separately metered for gas and electricity. The property is within a short distance to multiple bus stops located on Glendale Avenue and Brand Boulevard, in addition to nearby retail shops and businesses. It provides tenants with ease of acce
The property is 15.14 acres of land ready to be developed. The land is located in pristine Sunset Canyon right next to the Sunset Canyon Country Club. The process for design/architectural approval is currently underway with the City of Burbank. Only minutes away from historic Burbank Castle and other manor homes, this location is a truly unique opportunity for a developer to build an iconic home in the hills of Burbank. The property is only a short drive from downtown Burbanks chic restaurants, hip stores, and located in the heart of scenic hiking trails. It is also next to one of the best neighborhoods and school districts in Burbank. The City of Burbank is an icon in the entertainment industry with many celebrities and entertainment industry executives living in these neighborhoods.
We are pleased to present 1134 Elm Avenue, a sixteen-unit apartment community in Glendale, California, built in 1987. The offering provides investors with a unique opportunity to purchase a premium asset with strong income metrics in one of the strongest rental markets in Los Angeles along with an attractive assumable loan. Glendale is attractive to prospective owners and renters alike. As it's located in the City of Glendale, 1134 Elm Avenue is impacted by AB 1482, meaning Statewide rent control. Additionally, there is no ULA "Mansion Tax". 1134 Elm Avenue was built in 1987 and boasts sixteen spacious apartment homes. It features an attractive unit composition of two (2) Four-Bedroom | Three-Bathroom units, two (2) Two-Bedroom | Two and a Half-Bathroom Townhome units, ten (10) Two-Bedroom | Two-Bathroom units, and two (2) One-Bedroom | One-Bathroom units. What makes the building and units so attractive are the amenities, precisely: fourteen of the sixteen units feature in-unit washer dryers, central A/C, and at least one balcony. There is a whopping total of 22 balconies or sundecks. In all, 1134 Elm Avenue features 16,738 square feet of improvements on a collective 13,313 square feet of land, zoned GLR4. The property is separately metered for gas and electrical utilities. While
The offering represents the highest in-place-yielding apartments for sale currently in the city of Glendale* Owned and operated by the same family for over 2 decades, they have exerted extensive capital improvements throughout their tenure. The property consists of 2 story 1+1+Dens that are all functioning as as 2+1. All units have individual washer & dryer hookups and water heaters. Electrical is updated and the property is individually metered for gas & electricity. With an average in-place rent of $2,285, there is a significant loss to lease (11%+) Additionally, the incorporating of potential (2) 1+1 ADUs in th parking lot, can take a new buyers pro forma yield to 7.5%* Casa De Mariposa with a WalkScore of 91! is situated less than 1 mile to Americana at Brand and all of the robust shopping dining & entertainment along downtown Glendale. (*) buyer to verify. For the offering memorandum or any questions, call Greg Alexanian.
Old town Tujunga. Close to Historical Bolton House and Park. Great street for doing business. 1,560 sq. ft. of open ware house space with alley accesss. Has many types of uses. Warehouse, contruction yard, storage, food prosessing, retail, manufacturing. Front of property is open to Commerce with plenty of space for parking. Back off of alley has loading area. Great for most commercial, industrial and commercial businesses. Room in front of property to build and add on.
This subject office is located on the first floor of a well maintained Mixed-use building that close to Old Town Pasadena. The office is on the street level with a private patio. The building provides on-site manager service. With glass windows and door facing on the street, they bring plenty of nature light into the two private offices and reception area, and this office also includes a meeting room and inside of unit restroom. Come with 2 designated parking spaces inside of gated entrance. Since it is within the mixed use building, you can relax at the pool area on the second flooring after busy working day. Plenty of curbside parking and short distance to Old Town Pasadena which has lots shops, bars, restaurants and night entertainment.
Offered at 4.29% CAP Rate with 6.12% Proforma CAP (buyer to verify), Sierra Bonita Bungalows is a 26-unit Turnkey Single-story bungalows community in the foothill area of San Gabriel Mountain, and only 2 blocks south of Altadena Country Club. Situated in the prestigious San Gabriel Mountain foothill area, and within walking distance to Altadena Country Club and Altadena Golf Course, this exclusive property consists of 26 units that are spread over 15 buildings and meticulously designed and fully upgraded from top to bottom, providing an attractive proposition for investors looking for steady rental income and long-term value appreciation. The property consists of 3 parcels with highly desirable layouts; a combination of single-story bungalow style single-family houses and duplexes, each unit provides serene and single-family house atmosphere to it, making each unit very easy to rent and highly desirable amongst renters. The large, combined lots allow FOUR (4) ADUs OR MORE (buyer to verify). It is in a quiet residential area surrounded by mostly multi-million dollars SFR. Located just several properties away from the world renown EF International Language Campus (www.EF.com ), and EF Academy, this strategic location provides excellent location for international students, or short
Presented alongside the neighboring 427 E Acacia Avenue building, the two properties are available either individually or as a portfolio. The entire building consists of two bedroom apartments with rents ranging from $2,025 to $2,100, while similar properties are achieving rents above $2,700. A new investor may be able to capture the approximately 27% rent upside more rapidly as the property is granted higher allowable rent increases via AB 1482, when compared to other assets subject to Los Angeles rent control. The buildings are surrounded by attractive shopping and dining options. Mere blocks east, tenants can enjoy boutiques, coffeeshops, and restaurants in historic Adams Square. Several retailers and restaurants line both Glendale Avenue and Brand Boulevard, both major streets being within two blocks of the property. Less than one mile north are both the upscale Americana at Brand shopping center and the recently remodeled Glendale Galleria shopping mall.
Presenting an exceptional investment opportunity nestled in the heart of Tujunga! Welcome to 10345 Pinyon Avenue, featuring a property of 7 residential units, 2 leased storages, and 4 leased garages. This property consists of a total of 3,934 square feet of living space. Positioned on a spacious 21,794 square foot lot (0.5 acres), this offering provides ample room for future development or expansion ventures. Each unit is meticulously designed to offer comfortable living arrangements tailored to diverse tenant needs. Additionally, 2 Ready-to-Issue (RTI) Accessory Dwelling Units (ADUs), each spanning 1,000 square feet, will be included with the property, with an opportunity to obtain a Junior ADU on the premises also. Notably, one unit is currently vacant and newly remodeled, poised to enhance the cap rate. Residential tenants have been issued letters for rent increases beginning April 1, 2024. Whether you're looking to diversify your investment portfolio or embark on a new venture, this property offers boundless potential for growth and prosperity. Don't miss out on this exceptional opportunity to make your mark in Tujunga's flourishing real estate landscape!
Perfect location in Burbank. Corner of Elmwood Ave and Glenoaks Blvd. Close to Freeway. On Bus Route. Close to Burbank Media Center and the City of Glendale. Entry leads to private offices on each side of the hall leading to Church Nave and Chancel. Up the stairs is the 5-pew large balcony for the choir with ample storage in the above loft. Parishioners' Area of Worship leads to the quiet room and to a separate meeting area for class, Conference, or Bible Study. Music Room. Baptismal Area and More Private Rooms. The detached Building is a daycare center with Toddler Classroom, Educational Rooms, Bathrooms, Kitchen Area, and Teachers' Room. Upstairs is the Community Room with 2 additional Study Rooms and Lavatory. This site can be an excellent Educational Building, Family Dare Care Homelicensed or Unlicensed Community Care Facility. Supportive Home Services. Place of Worship. Day Care Building. Future Apartments. City Records reports 7957 square feet, Appraiser measures 10,256 square feet. Corner Lot with an Alley. Zoned R4.
California Court Bungalows, located at 615 S. Columbus Avenue, is a tastefully restored 13-unit California bungalow courtyard style asset located five blocks from the Glendale Americana. Current ownership has spent over $700,000 on capital improvements including new electric, plumbing and exterior work. The property is comprised of (12) 1 BD/1 BA units and (1) studio. All of the spacious units have been thoughtfully renovated to capitalize on the areas strong tenant base. Current ownership has implemented a RUBS program across all units to improve operational efficiencies, allowing new ownership to operate the asset at a sub 30% expense ratio. Eight existing garages and (5) surface spaces provide current income, and also have the potential to be converted into three (3) ADUs for additional rental revenue of approximately $34,605. Based on estimates, a new owner can achieve a return on cost of nearly 270% by raising rents to market and completing additional investment into the ADU construction. 615 S. Columbus Avenue offers a fully assumable loan at 5.18% with 5 years of fixed financing and 2 years of interest only payments remaining.
The Mom & Pop owned, 8 unit R3 zoned building is located in the Tujunga-Sunland burgeoning rental market. The 2 story building (5440 sf) rests on a 10,889 sf rectangular lot. This highly adaptable property is a great option for developers, housing providers, or owner/occupier with 2 recently renovated vacant units. (Following sample images are 1 Bed/1Bath Corner Units 1 & 5) The property has 12 parking spots (6 covered), 6 storage units, and a laundry facility for additional income opportunities. Easy property to maintain and owner has consistently fixed/repaired units and exteriors. All tenants are aware of sale and month to month. The apartment building is located just north of Foothill Boulevard and a short distance from stores and eateries located on the boulevard. Please do not go on the property without listing agent.
This Amazing Office/ Residential property is strategically located in the Old Town/ Downtown Pasadena Area blocks to Pasadena City Hall and Civic Center but also bordering several Residential Streets. The Property is a 2 Story Gated Office Building with over 1,000 square feet on each Level (seperate entrances) with the 2nd Floor suite being Fully renovated with 5 individual offices/ rooms 2 bathrooms and a Full Kitchen. the Lower Unit is set Up for a Full Service Office with a large Lobby/ reception area, 3 Offices or suites , One kitchen and. a Lobby waiting area. In addition there are 6 parking spaces and a Large 2 Car Garage. which could be converted to ADU or Demolished for additional parking. Also the Seller has City of Pasadena APPROVED PLANS to build. an additional Rooftop Level with Sub level Parking.
