1 of 35
4 bdApartment
Tools
Size
4
Bedrooms
2,958 Sq Ft.
interior
0.17 Acres
Exterior
Financial
$1,375,000
Change Currency
$465
Price Per Sqft
Listing Details
Apartment
Property type
1912
Year Built
8301483
Web Id
BB24099096
MLS ID
35
Days Posted
Description
1213 Mariposa Street,
Glendale,
CA
91205
Glendale, CA 91205
INCREDIBLE PRICE FOR A REAL FIVE UNIT BUILDING. FIX AND SAVE. PRIME GLENDALE ADAMS HILL/ADAMS SQUARE MULTI UNIT FIXER OPPORTUNITY. HUGE UPSIDE POTENTIAL!! FIRST TIME ON THE MARKET IN 20+ YEARS. UNDER MARKET RENTS TREMENDOUS POSSIBILITIES. ZONED GLR4YY. Five units total PLUS a converted garage studio. Breakdown is as follows: One - 3 bedroom/2 bath front house (NOW VACANT). One - 1 bedroom/1 bath unit (LEASED). THREE separate studio units (TWO ON MONTH TO MONTH and one gutted/vacant), plus a converted garage studio (WILL BE DELIVERED VACANT after COE). One of the studio units is vacant and gutted, and ready to be renovated. NEWLY UPDATED 1 BED/1 BATH UNIT - JUST REDONE (SEE NEW PICS). Lots of room for improvement. THREE total structures on the lot. Please do not disturb tenants or go on property. Front house built in 1912 - middle units built in the 1950's - stand alone unit built in 1960's. DO NOT MISS YOUR CHANCE!! Active rents at this time are approximately $3787 TOTAL per month BUT this does not include newly vacant front house (which will easily double incoming rents), plus detached studio. CASH/HARD MONEY OR STRONG DOWNPAYMENT ONLY AS THIS IS WILL REQUIRE A COMMERCIAL LOAN BECAUSE IT IS 5 UNITS.
This is an Active listing.
Broker Office Phone Number: 877-973-3346
Copyright © 2024California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 877-973-3346
Copyright © 2024California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price HistoryView all +
| date | Price | variance | type |
|---|---|---|---|
| 5/21/2024 | $1,375,000 | - | Listed |
| 4/16/2024 | $1,348,900 | - | off market |
| 2/21/2024 | $1,348,900 | - | Listed |
| 11/4/2023 | $1,349,000 | - | off market |
| 9/20/2023 | $1,349,000 | - | Contract |
| 7/26/2023 | $1,349,000 | - | Listed |
Listing By: Redfin Corporation via Data Source: California Regional Multiple Listing Service, Inc
listing agent: Arto Poladian
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