1157 Alameda Avenue Glendale, CA 91201

$9,400,000
1157 Alameda Avenue, Glendale, CA 91201
Call 1-800-839-1363
SR18086670

Single Family Home for sale in Glendale, CA

for $9,400,000. This home was built in 1986 on a lot size of 14239.00 Sqft..

Property Information

  • $9,400,000
  • Single Family
  • Active
  • Lot size of 14239.00 Sqft.
  • Built in 1986
  • Glendale, CA
  • Los Angeles County
  • MLS/Web ID is SR18086670
  • Just Listed

Description

We are pleased to introduce ELEVEN57, a rare re-positioned non-rent controlled 18 unit trophy multifamily asset. Comprised of all 2+2.5 T.H. units with individual washer & dryer, updated interiors, and modern exterior detail commanding strong street presence. ELEVEN57 incorporates a host of capital improvements such as solar panels on the rood, poly-u coated roof, new intercom system, new gates & railing, signage throughout, new irrigation and landscaping. Property was built 1986 and modernized recently. By capturing loss to lease upside in rents, ELEVEN57 translates into a 4.4% CAP rate. Each unit also encompass fireplaces, fenced private patios, open floor layouts, stainless steel appliances, dedicated gated parking spaces. ELEVEN57, located at 1157 Alameda Ave Glendale, CA 91201, the asset is in the prime part of the city, north of Glenoaks Blvd and on the last block before transitioning to strictly single family opens. the offering also sits at the midpoint to both downtown Glendale & Burbank. The dynamic location between two affluent cities provide both strong workforce with premiere shopping, dining and entertainment options. Within 2 blocks, tenants can walk to nearby grocery stores and several local restaurants.

Interior 2

Building Amenities

  • Laundry
  • Laundry Room

Water Source

  • Public Water

Exterior 4

Exterior

  • Gutters

Land Improvements

  • Curbs
  • Sidewalks
  • Storm Drains
  • Street Lights

Lot Description

  • Foothill

Parking

  • Assigned Parking
  • Parking

Miscellaneous 1

Location

  • Suburban

† Excluded Feature

Listed By

Broker: KELLER WILLIAMS WORLD MEDIA CE

1157 Alameda Avenue, Glendale, CA, 91201 is a Single Family Home for sale at $9,400,000 with a lot size of 14239.00 Sqft.. 1157 Alameda Avenue has 0.0 baths and was built in 1986. The property's zip code is 91201 which is in Glendale, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Glendale $1,441,209 85 % below $1,149,500 88 % below
Single family listings in Glendale $1,659,231 82 % below $1,312,500 86 % below

Get the facts about Glendale, CA!

Population 198,879
Population Growth (since 2000) 2 %
Median Income $56,857
Median Age 41.84
Households w/ Children 29 %

Residential Dwellings

  • Owned 29130
  • Vacant 3666
  • Rented 45740

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