$2,725,000
$2,925,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
935 N Louise ST Glendale, CA 91207
0.31 Acres Lot
Key Details
Sold Price $2,725,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-28892
Sold Date 11/03/26
HOA Y/N No
Year Built 1955
Lot Size 0.311 Acres
Property Description
Exceptional 10-Unit Multifamily Investment Opportunity in Glendale! Located at 935 N. Louise Street, this well-positioned apartment building features a highly desirable unit mix of ten 2-bedroom/1-bath residences, offering an excellent combination of existing income and significant value-add potential.The property has benefited from substantial capital improvements, including new electrical panels and rewiring, copper plumbing and new main water lines, and new asphalt, helping reduce major infrastructure concerns for the next owner. Additional amenities include 10 carport parking spaces with overhead storage and on-site laundry.A major highlight is that 3 of the 10 units are currently vacant, providing a new owner with the opportunity to renovate and reposition these units immediately. Current estimated market rents for renovated 2-bedroom units are approximately $2,400-$2,500 per month, presenting meaningful upside potential. The remaining seven units provide an existing income base, with current rents ranging from approximately $1,565 to $2,175 per month.Centrally located in Glendale, CA, with convenient access to shopping, dining, employment centers, transportation and the surrounding Los Angeles communities. This is a compelling opportunity for an investor seeking a well-located multifamily asset with immediate renovation potential, existing cash flow and long-term rental upside.Three vacant units + major building system upgrades + 10 parking spaces + an all 2BR unit mix make this a property worth a closer look.
Location
State CA
County Los Angeles
Area 626 - Glendale-Northwest
Zoning GLR4YY
Interior
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring See Remarks
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range, Water Heater
Laundry Common Area
Exterior
Parking Features Asphalt, Carport
Carport Spaces 10
Fence None
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Accessibility Safe Emergency Egress from Home, Parking
Total Parking Spaces 10
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Sprinklers In Front, Lawn, Sprinklers On Side
Faces North
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Senior Community No
Tax ID 5644014013
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 130.3
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard, Trust
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