Excellent opportunity to acquire a five-unit apartment building located in the City of Glendale. This property is in an excellent location near shopping, restaurants, Glendale Adventist Hospital and all that the exciting things Glendale has to offer. The units are fully occupied with good, long-term tenants who love where they live. Offers spacious two bedroom, two bath units. One unit has a den and functions as a three bedroom unit. The property features on-site parking, on-site laundry with new commercial machines (lease to be assumed by buyer) and storage. Six electric and six gas meters. The available financials are only for the last seven months and may not be complete. The sale is subject to Probate. The Administrator of the Estate has full authority. However the seller's final acceptance of the highest and best offer is subject to the Estate giving a Notice of Proposed Action to all interested parties. The time period for the notice is 15 days from the date of acceptance of the offer. Although not anticipated, if an objection is received within the 15 day period, the sale would then be subject to court confirmation. Make any offers subject to interior inspection. Do not disturb the tenants.
Sold $2,000,000
  • 10 Bedrooms
  • 10 Bathrooms
  • 6779 Sqft
  • 7758 Lot
Nancy Valentine
Nancy Valentine
Partner
nancy@nva-realestate.com
Mobile (818) 259-4270
CalDRE 01305369

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1203 Stanley Avenue is a residential property located in Glendale, CA. This property sits on a 7758 sqft lot, is 6779 sqft, with 10 bedrooms, 10 baths.