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Listed by Levon Alexanian • Keller Williams World Media Center
$4,275,000
Est. payment /mo
8,497 Sqft Lot
Pending
125 E Fairview AVE Glendale, CA 91207
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Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRSR25094328
Year Built 1986
Lot Size 8,497 Sqft
Source California Regional MLS
Property Description
The building was built in 1986 with great floorplan of 10,295 sq ft over subterranean parking. The asset incorporates Central AC, gated access control and parking, and private balconies. A remarkable unit mix of (1) 3+2.5 approx 1,600 sq ft townhouse style unit with washer dryer inside the unit, and the remaining (8) units are all 2+2 with spacious floor plans. There is a significant rental upside due to the location, size and quality of the offering. Rarely is there turnover, the area feels like a historical vacancy-proof pocket. The current ownership has done a great job of managing the asset, recently replacing the roof, replacing all 9 AC units, replacing the garage gate along with motor and sensors and currently upgrading the intercom system to a Akuvox X912 with a C313W-2 in apartment touch screen audio and video display. Situated in the most sought-after part of Glendale, the 91207 zip code median home price is $1,800,000. Tenants enjoy the ability to walk to Trader Joe's Coffee Bean, Walgreens in addition to a plethora local shops, cafes, eateries and services. 1 block away is the posh Mya rooftop restaurant and lounge which over looks the city's skyline. There are also several school options within walking distance as well. Brand Boulevard, the cross street named a
Location
State CA
County Los Angeles
Area 627 - Rossmoyne & Verdu Woodlands
Interior
Laundry Laundry Area
Exterior
Pool None
Building
Story One Story
Water Private
Others
Tax ID 5644011008
Special Listing Condition Not Applicable
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