404 Lincoln Avenue Glendale, CA ^$ 5,995,000

404 Lincoln Avenue

^$ 5,995,000

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404 Lincoln Avenue

Glendale, CA, 91205

^$ 5,995,000

Bedrooms30 Baths4.0 Sq 13,176

Monthly Estimate*

^$ 39,845

Listed by JohnHart Real Estate

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Multi-Family Home for sale in Glendale, CA

for $5,995,000 with 30 bedrooms and 4 full baths. This 13,176 square foot home was built in 1987 on a lot size of 0.2733.

Investors Dream! An incredible Residential Income property in Glendale is all that you have been waiting for. All units have a washer/dryer. LOW RENTS, which is a great upside for this investment. This is a well-kept 14 unit building that features a nice secured community parking structure and a controlled accessed entry. The units have wonderful open floorplans with laminate flooring, storage space, plus central AC and Heating. Glendale Unified School District. Amazing location. A short distance from Target, Ralphs, Sprout Farmers Market, In-N-Out Burger and more. Close to the 134 and 2 freeways. Rents are below market 3 bedroom unit was recently rented for $3,100.

Multi-Family Active

Price

^$ 5,995,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.2733

Year Built

1987

Town/City

Glendale

County/Region

Los Angeles

MLS | Web ID

GD24054330

Days on Market

Features

General

Sewer PublicSewer

Zoning GLR4YY

Garage Spaces 25.0

Pool Features None

Year Built 1987

Property SubType Apartment

Gross Income 359874.0

Community Features StreetLights Sidewalks

Additional Parcels Description 5680031023

County Los Angeles

Net Operating Income 258661.0

Operating Expense 101213.0

Insurance Expense 12600.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Off Colorado Blvd. In between: Dixon St and Rock Glen Ave

City Glendale

Entry Location street

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 14

MLS Area 628 - Glendale-South of 134 Fwy

Lot Size Units SquareFeet

Lot Size Square Feet 11905.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Lincoln

Listing Terms Cash CashtoNewLoan Conventional

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 16272.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 33

Property Sub Type Additional Apartment

Exterior

Parking Features Covered CommunityStructure

Lot Features Item01UnitAcre

Water Source Public

Total Parking 25.0

Lot Size Area 11905.0

Number of Buildings 1

Spa N

Building Area Total 13176.0

Lot Size Acres 0.2733

Lot Size Source Estimated

Number of Separate Water Meters 1

Number of Separate Gas Meters 15

Number of Separate Electric Meters 15

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 3

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features Inside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 404

* Excluded Features

List By

Johnhart Real Estate

Broker

(818) 246-1099

Phone

Affordability Calculator

$39,845

Per Month

Monthly Principal & Interest: $39,845
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Glendale, CA

Average List Price ^$3,877,210

Percent of Sale Price 35%

About Glendale, CA

199,017 Population

2% Since 2002

^$61,015 Median Income

42.24 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/19/2024	$5,995,000		Listed Price

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404 Lincoln Avenue, Glendale, CA, 91205 is a Multi-Family Home for sale at $5,995,000 with 13,176 sqft and a lot size of 0.2733. 404 Lincoln Avenue has 30 bedrooms, 4.0 baths, and was built in 1987. The property's zip code is 91205 which is in Glendale, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/7/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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404 Lincoln Avenue

Multi-Family Home for sale in Glendale, CA

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