433 W Garfield Avenue
Glendale, CA 91204

  • – beds
  • – baths
  • – sqft
  • 9,198 sqft lot
  • 1961 build
  • on site

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We are pleased to present the Garfield Vista Apartments in Glendale for sale. Great upside potential, quite possibly the highest yield on market rents of any offering available for sale in Glendale. Market The front property is a 2+1.5 two story house renting for $1,780 in which the upstairs is being operated as a stand alone 1+1 with private entrance and private balcony renting at $1,300 non-conforming unit. The rear building house (4) 2+1 units renting at an average of $1,566. A new owner can continue operating with the 6 income streams or easily rent the front house as a 3+2.5 2 story home. With a Walk Score ® of 83, the property is very walkable and most errands can be accomplished on foot. Extensive capital improvements have been incorporated such as copper plumbing, updated electrical, pitched roofs and individual water heaters. The front house is a spacious living space with a great floor plan. Between both buildings is an open yard that can easily be updated with lounge furniture, a BBQ area, and a water feature to create a sense of community. There is on-site parking & laundry. Market GRM 13.6 & Market CAP 5.5% ** Contact listing agent for further details **

California Regional MLS logo Listed By CRMLS_CA / Levon Alexanian / Keller Williams World Media Center

Last checked: Checking… • Last updated Jun 9, 2023 •

MLS# SR22246154 —

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Sale history

Date Event Source Price % Change
1/20/23
Sold CRMLS_CA $2,025,000 -3.6%
1/4/23
Pending CRMLS_CA $2,100,000
12/8/22
Sold Subject To Contingencies CRMLS_CA $2,100,000

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Multifamily Sold on 1/20/2023

$2,025,000

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Listing provided by broker:

Levon Alexanian

Keller Williams World Media Center

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Keller Williams World Media Center. Based on information from California Regional Multiple Listing Service, Inc. as of 14:55 on Apr 24.

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