Sold
Closed
412 Fischer Street
Glendale CA, 91205
$2,700,000
$415.90 per sqft
Sold
Closed
15 Beds
13 Baths
6,492 sqft
Residential
Built in 1986
Listed by Shant Sherbetdjian with Remax Commercial and Investment Realty 626-657-8150
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.
24362049
MLSⓇ ID
February 26, 2024
Listed
November 22, 2024
Updated
Map
412 Fischer Street
Glendale CA, 91205
Interior Features
Total Stories
2
Bedrooms
15
Total Bathrooms
13
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.17 Acres
Other Property Details
Area Name
628 - Glendale-South of 134 Fwy
Days on Market
25
Garage
No
Parking
Covered
Parking Total
13
View
No
County
Los Angeles
Pool
No
Zoning
GLR4YY
Listing History
Date | Event | Price |
---|---|---|
4/30/2024 | Sold | $2,700,000 |
3/22/2024 | Under contract | — |
Listing Contact: 213-817-1000
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/22/2024 at 5:43 PM UTC