34.073982 -118.2621

827 Glendale Blvd LOS ANGELES, CA 90026

299810873 34.073982 -118.2621 213 /listing/299810873-150246182/827-glendale-blvd-los-angeles-ca-90026 False 0 3600000.0 7924 105 16 12 21-763560 False
  • $3,600,000
  • 16 bd
  • 12 ba
  • 7,924 sqft
  • 6,999 lot
  • Est payment $19325.58/mo

Property & Neighborhood Info

Courtesy Of Keller Williams Downtown LA

Multi-Family in Los Angeles

Rare opportunity to purchase a relatively new construction apartment building across from Echo Park. A prospective buyer has the opportunity to purchase an apartment building subject to AB 1482 rent control which allows for 5% + CPI annual rent increases. The property offers an outstanding unit mix of studio, two-bedroom, & three-bedroom units & approximately 40% upside in rental income. The studio unit measures approximately 970 square feet and was originally a recreation room. Current owners are in the process of receiving approval permits to convert the recreation room into a legal studio, accessory dwelling unit (ADU). Lastly, the three-bedroom/three-bathroom plus a den unit is being operated as a fourth bedroom.

Courtesy Of Keller Williams Downtown LA
  1. 16 Beds
  2. 12 Baths
  3. 7,924 Sq. Ft.
  4. 6,999 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1988
  • Floors: 3
  • County: LOS ANGELES
  • Units: 6
  • Zoning: LARD2
  • MLS Number:21-763560

Additional Features

  • Cooling:
    • Central
  • Disclosures:
    • As Is
  • Flooring:
    • Laminate
  • Water Heater:
    • Yes
  • Unit 1 Furnished:
    • No
  • Unit 2 Furnished:
    • No
  • Unit 3 Furnished:
    • No
  • Unit 4 Furnished:
    • No
  • Other Structures:
    • Accessory Dwelling Unit
  • Parking:
    • Garage
  • Parking Spaces:
    • 12
  • Heating:
    • Central
  • Security Features:
    • Automatic Gate
    • Card/Code Access
    • Gated
  • Number of Buildings:
    • 1
  • Board:
    • The Combined Los Angeles/Westside MLS
  • Gross Income:
    • 188628
  • Net Operating Income:
    • 116569.00
  • Miscellaneous Features:
    • Balcony
  • Rent Control:
    • Fo
  • Special Conditions:
    • Standard
  • Cap Rate:
    • 3.24
  • Expenses:
    • 66400
  • Gross Operating Income:
    • 188628
  • Listing Agent License Number:
    • 01956479
  • Lot Size Area:
    • 6999
  • LP Per SQFT:
    • 454.32
  • Other Equipment:
    • Dishwasher
    • Elevator
    • Microwave
  • Total Acres:
    • 0.1616
  • Unit 1 Bathrooms:
    • 1.00
  • Unit 1 Bedrooms:
    • 0
  • Unit 1 Rent:
    • 1369.00
  • Unit 1 Total Units:
    • 1
  • Unit 2 Bathrooms:
    • 2.00
  • Unit 2 Bedrooms:
    • 2
  • Unit 2 Rent:
    • 6250.00
  • Unit 2 Total Units:
    • 2
  • Unit 3 Bathrooms:
    • 2.00
  • Unit 3 Bedrooms:
    • 3
  • Unit 3 Rent:
    • 4600.00
  • Unit 3 Total Units:
    • 1
    • 2
  • Unit 4 Bathrooms:
    • 3.00
  • Unit 4 Bedrooms:
    • 3
  • Unit 4 Rent:
    • 3500.00
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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2738 Belden Dr. Los Angeles CA 90068
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34.073982 -118.2621

827 Glendale Blvd LOS ANGELES, CA 90026

299810873 34.073982 -118.2621 213 /listing/299810873-150246182/827-glendale-blvd-los-angeles-ca-90026 False 0 3600000.0 7924 105 16 12 21-763560 False
  • $3,600,000
  • 16 bd
  • 12 ba
  • 7,924 sqft
  • 6,999 lot
  • Est payment $19325.58/mo