332 W Lomita Avenue
Glendale, CA 91204
- – beds
- – baths
- – sqft
- 11,971 sqft lot
- 1964 build
- – on site
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We are pleased to be retained as the exclusive listing agent & advisor for this rare opportunity to reposition in Glendale. Due to the long-term ownership relationship, rents have remained at historic levels, leaving approximately 149% upside in rents. 92 Walk Score! The offering very likely represents the highest post-market yield being offered in all of the tri-cities. (10) 1+1, (4) 2+2, and 1 non confirming single, all within walking distance to Galleria, Americana, St Mary's Church, Pacific Park, Pacific Community Center & pool. Under 5 min drive to Glendale Memorial Hospital, 7 miles to downtown L.A. In addition to the upside in rents, there seems to be potential to add (2) ADUs where the pool used to occupy. Buyer to verify. Ownership has recently executed over $20,000 of capital expenses in concrete overlay, partial torch down of roof, new gutters and spouts. There are solar panels on the roof, on-site parking, laundry. *** For financial & complete offering memorandum, contact listing agent ***
Last checked:
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Last updated Jun 25, 2023
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MLS# SR23040512 —
The Building
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Year Built:1964
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:11300.00
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Building Area Units:Square Feet
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Total Number Of Units:15
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# of Buildings:1
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Stories Total:2
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Common Walls:1 Common Wall
Interior
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Levels:Two
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Laundry:Common Area
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Laundry:1
Location
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Latitude:34.13961600
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Longitude:-118.25938100
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:GLR4YY
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Lot Features:11-15 Units/Acre
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Lot Size Area:11971.0000
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Lot Size Acres:0.2748
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Lot Size SqFt:11971.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:3023.02
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Tax Lot:19
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5696012005
Utilities
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Sewer:Public Sewer
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Water Source:Private
The Community
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Features:Urban
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Pool:Community
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Senior Community:No
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Private Pool:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/21/23
Jun 21, 2023
|
Sold | CRMLS_CA | $4,150,000 | -9.8% |
|
4/3/23
Apr 3, 2023
|
Pending | CRMLS_CA | $4,600,000 | |
|
3/24/23
Mar 24, 2023
|
Sold Subject To Contingencies | CRMLS_CA | $4,600,000 |
