950 N Louise Street, Glendale, CA 91207

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Property Description

A truly unique and rare opportunity to purchase a twenty-five (25) unit apartment building located in prime Glendale, resting in the hills above Glenoaks. Originally constructed in 1967, the property features one building with three floors. The property features large and spacious units with an average size of 1,388 square feet and a unit mix of twenty-one (21) 2 bedroom 2 bathroom units, three (3) 3 bedroom 2 bathroom units, and one (1) 1 bedroom 1 bathroom non-conforming unit. Each unit comes with a storage locker (located in the laundry room), one assigned parking space (select units have 2 spaces, and a private patio/balcony. Landlord pays electrical utility bill for the for the common AC System. Each unit has its own thermostat and coil system. The laundry machines are owned. Seventeen (17) units have been upgraded over the years with hardwood floors and granite countertops. Common area amenities included secured parking and on-site coin operated laundry facilities, common A/C Tower with Chiller and common boiler. Units are separately metered for electricity, and do not feature gas. The only gas portion of the building is for the boiler. Ownership has spent over $1,000,000 on capital improvements.


Interior Features

Bedroom Information
Bedrooms 52
Bathroom Information
Bathrooms 49
Interior Information
Cooling Type Central Air

Listing Information

Address 950 N Louise Street
City Glendale
State CA
Zip 91207
County Los Angeles
Listing Agent Andy Anubhav Kawatra DRE #01881930
Courtesy Of Andy Anubhav Kawatra
List Price $9,950,000
Status Active
Type Residential Income
Structure Size 34,700
Lot Size 17,038
Year Built 1967

Listing information courtesy of: Andy Anubhav Kawatra, Andy Anubhav Kawatra. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 7th, 2024 at 8:59 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.