For more information regarding the value of a property, please contact us for a free consultation.
1001 E ACACIA AVE Glendale, CA 91205
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $3,025,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,096 sqft
Price per Sqft $496
MLS Listing ID 20568464
Sold Date 09/24/20
Bedrooms 10
HOA Y/N No
Year Built 1961
Lot Size 8,084 Sqft
Acres 0.1856
Property Description
The property has been recently modernized, with several new capital improvements to help boost both the property's intrinsic value and its future cash flow. Select apartments have been fully updated with high-end features, including luxury vinyl plank flooring, new kitchen cabinets, stainless steel appliances, and commercial kitchen sink faucets. Upgraded units also feature modern bathroom fixtures, new sink vanities, new toilets, and new ceiling fans. Brand new laundry facilities were installed, which provide an additional income stream for the future owner.The front of the property was recently landscaped and surrounded by a privacy hedge, providing a more secluded outdoor area for one apartment, which in turn has produced higher rent. A brand new coating was applied to the driveway, to help further reduce future maintenance costs. The building also features all new windows.The building sits near the intersection of Chevy Chase Drive and Adams Street.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Zoning GLR4YY
Interior
Fireplace No
Exterior
Garage Assigned
Parking Type Assigned
Total Parking Spaces 6
Building
Story 2
New Construction No
Others
Senior Community No
Tax ID 5675030033
Special Listing Condition Standard
Read Less
Bought with Nayri Tabakian • Nayri S. Tabakian, Broker