219 E Maple Street, Glendale, CA 91205

  • $4,975,000
219 E Maple Street, Glendale, CA 91205
  • Residential Income
  • Property Type
  • 22
  • Bedrooms
  • 20
  • Bathrooms
  • 9580
  • Sqft
  • 1989
  • Year Built
Closed
219 E Maple Street, Glendale, CA 91205
219 E Maple Street, Glendale, CA 91205
  • $4,975,000

Description

We take great pleasure in introducing 219 E Maple Street, now available for sale for the first time in 34 years since its construction! This exceptional two-story apartment building, consisting of 10 units, was crafted in 1989 and is located within a prime Glendale neighborhood. The property enjoys a strategic location near Glendale Ave’s Retail Corridor and is in close proximity to South Brand Blvd, home to The Americana at Brand. The property features generously sized 2 and 3 bedroom units, catering to the high-demand rental market in the area. Offering a desirable unit mix comprising of (two) 3-bedroom + 2-bath units and (eight) 2-bedroom + 2-bath units, this investment presents value-add opportunities for the right buyer. Each unit is equipped with its own water heater, and individual gas and electricity meters. The property includes a secure gated (subterranean) parking facility with 18 spaces, as well as additional income from owner-owned (non-leased) washer and dryer situated within the parking area. Tenants take pleasure in the convenience of residing within close proximity to an array of schools, shops, parks, dining establishments, and more, reducing their reliance on automobiles. The building has an impressive Walk Score of 96, denoting it as a ‘Walker’s Paradise’. Glendale’s rent control laws are in alignment with Statewide AB1482, affording investors the potential for respectable rent increases as they become applicable. PLEASE DO NOT WALK ON PROPERTY.

  • Address 219 E Maple Street
  • City Glendale
  • State/county CA
  • Zip/Postal Code 91205
  • Country US

Details

Updated on November 30, 2023 at 12:36 am
  • Property ID: 23313315
  • Price: $4,975,000
  • Property Size: 9580 Sqft
  • Land Area: 0.1997 Acres
  • Bedrooms: 22
  • Bathrooms: 20
  • Garage Size: x x
  • Year Built: 1989
  • Property Type: Residential Income
  • Property Status: Closed

Additional details

  • Cooling: Central Air
  • County: Los Angeles
  • Property Type: Residential Income
  • Parking: Controlled Entrance,Carport,Underground

Features

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