1404 5th St

Glendale, CA 91201 Pending for $3,920,000
 


Year Built: 1941  Total Beds: 14  Total Baths: 14  Structure Size: 8,420 sqft  Lot Size: 19,172 sqft



Property Facts
MLS 319000446
Year Built 1941
Property Type Residential Income
Property Subtype MultiFamily
County Los Angeles
Status Pending
Pending $3,920,000
Structure Size 8,420 sqft
Lot Size 19,172 sqft
Total Beds 14
Total Baths 14

Description

Amazing opportunity to own a gem in the heart of Glendale “above Glenoaks” right next to newly constructed senior center with a park in the middle. In addition, the building is walking distance to blue ribbon Thomas Jefferson Elementary & bus stops. This building was constructed in 1959 & consists of (14) 1+1 bungalow style spacious units with ample parking, i.e. either carport or surface parking, for all residents. This asset has 12,278SQFT of improvement over a 19,172SQFT lot & there are 14 carport & 3 surface parking on the premises. Majority of the units have been remodeled with hardwood flooring, newer kitchen cabinets & countertops, ceramic wall & floor tiles in bathroom & kitchen, wall type heating & air conditioning. A few units have been improved with washer/dryer hookups inside the units. The property has a historically high occupancy rate due to its proximity to the great public schools, ideal for families seeking affordable 1-bedroom apartments near great schools. The windows have been replaced in the recent past & the plumbing & electrical are in great operational shape. The new owner can take over & achieve an above market return gradually as units turn in due time & as such will “not” be affected by the pending city Rent control discussion.

Listing information courtesy of: George Yessaie, JohnHart Real Estate *Based on information from the Association of REALTORS/Multiple Listing as of 06/19/2019 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.


Location


Zillow Estimate & Walkscore

$5,171,048

With a range from $3,309,471 to $9,411,308

Very Walkable

83%

Comparable Properties

Zillow estimate looks at for-sale or recently sold homes with similar features to this home


Schools & Neighborhood Info for 1404 5th St

School Name, Grade Levels, Rating, & Distance

Thomas Jefferson Elementary School
0.18 mi

Public
K-6

Scholars Armenian School and Art Center
0.31 mi

Private
K-9

Mark Keppel Elementary School
0.67 mi

Public
K-5

Montessori Academy
0.73 mi

Private
K

Balboa Elementary School
0.84 mi

Public
K-6

Benjamin Franklin Elementary School
0.84 mi

Public
K-6

Glendale Pacific Montessori Elementary School
1.13 mi

Private
1-6

Little Angels Academy Burbank Inc.
1.19 mi

Private
K-2

Joaquin Miller Elementary School
1.3 mi

Public
K-5

William Mckinley Elementary School
1.5 mi

Public
K-5
School Name, Grade Levels, Rating, & Distance

Scholars Armenian School and Art Center
0.31 mi

Private
K-9

Eleanor J. Toll Middle School
0.82 mi

Public
6-8

Burbank Usd Community Day School
1.37 mi

Public
7-12

Scholars Preparatory School
1.55 mi

Private
K-12

Salem Lutheran School
1.66 mi

Private
K-7

St. Robert Bellarmine Elementary School
1.71 mi

Private
K-8

Incarnation Elementary School
1.73 mi

Private
K-8

Lycée International de Los Angeles - Burbank campus
1.79 mi

Private
6-12

David Starr Jordan Middle School
1.92 mi

Public
6-8

Jewel City Community Day School
2.36 mi

Public
7-10
School Name, Grade Levels, Rating, & Distance

Scholars Armenian School and Art Center
0.31 mi

Private
K-9

Herbert Hoover High School
0.8 mi

Public
9-12

Burbank Usd Community Day School
1.37 mi

Public
7-12

Scholars Preparatory School
1.55 mi

Private
K-12

Bellarmine-Jefferson High School
1.66 mi

Private
9-12

Lycée International de Los Angeles - Burbank campus
1.79 mi

Private
6-12

Burbank High School
2.31 mi

Public
9-12

Daily (Allan F.) High (Continuation) School
2.32 mi

Public
9-12

Jewel City Community Day School
2.36 mi

Public
7-10

Burroughs High School
2.5 mi

Public
9-12
See More Schools in Glendale

Similar Listings Nearby

1404 5th St, Glendale, CA 91201 is a 8,420 sqft multifamily that was built in 1941 with a lot size of 19,172 sqft featuring total of 14 beds and 14 baths . This property is very walkable! Most errands can be accomplished by foot according to the 83% walkscore. Nearby schools include: Thomas Jefferson Elementary School, Scholars Armenian School And Art Center, Mark Keppel Elementary School, Montessori Academy, Herbert Hoover High School, Eleanor J. Toll Middle School, Balboa Elementary School, Benjamin Franklin Elementary School, Glendale Pacific Montessori Elementary School, Little Angels Academy Burbank Inc., Joaquin Miller Elementary School, Burbank Usd Community Day School, William Mckinley Elementary School, Scholars Preparatory School, Glendale Montessori School, Columbus Elementary School, Music Box Pre-School And Kindergarten, Salem Lutheran School, Bellarmine-Jefferson High School, St. Robert Bellarmine Elementary School.