412 Fischer Street Glendale, CA $ 3,145,000
412 Fischer Street
$ 3,145,000
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412 Fischer Street

Glendale, CA, 91205
$ 3,145,000
Baths0.0 Sq 6,492

Monthly Estimate*

$ 21,969

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Studio

Multi-Family Home for sale in Glendale, CA

for $3,145,000. This 6,492 square foot home was built in 1986 on a lot size of 0.17.

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.

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Multi-Family Contingent

Price

$ 3,145,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.17

Year Built

1986

Town/City

Glendale

County/Region

Los Angeles

MLS | Web ID

0024362049

Features
General
Cooling Central Air
Zoning GLR4YY
Year Built 1986
Tenant Pays Electricity Cable TV Gas
Levels Two
County Los Angeles
Net Operating Income 70023.0
New Construction No
Property Type C
HOA / Comm Assn No
Contingency Active Under Contract
Status Active Under Contract
City Glendale
Buyer Agent Compensation 2.00
Senior Community Y/N No
MLS Area 628 - Glendale-South of 134 Fwy
Lot Size Square Feet 7452.0
Street Name Fischer
Standard Status Active Under Contract
Buyer Agent Compensation Type %
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Exterior
Parking Features Covered None
Lot Size Area 7452.0
Building Area Total 6492.0
Lot Dimensions 50x150
Lot Size Acres 0.17
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Total Stories 2
Air Conditioning Y/N Yes
Street Suffix Street
Total Baths 0
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* Excluded Features
List By
Shant Sherbetdjian

Listing Agent

Remax Commercial And Investment Realty

Broker

Affordability Calculator

$21,969
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,969
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/27/2024$3,145,000 Listed Price

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412 Fischer Street, Glendale, CA, 91205 is a Multi-Family Home for sale at $3,145,000 with 6,492 sqft and a lot size of 0.17. 412 Fischer Street is a studio with 0.0 baths and was built in 1986. The property's zip code is 91205 which is in Glendale, CA