Active

950 N Louise Street

Glendale CA, 91207

$10,800,000


$311.24 per sqft

Active

52 Beds

49 Baths

34,700 sqft

Residential

Built in 1967

Listed by Andy Anubhav Kawatra with Andy Anubhav Kawatra 818-212-2737

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.

24416677

MLS ID

July 12, 2024

Listed

August 30, 2024

Updated

Map

950 N Louise Street
Glendale CA, 91207

Interior Features

Total Stories

3


Bedrooms

52


Total Bathrooms

49


Appliances

Dishwasher, Microwave


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.39 Acres

Other Property Details

Area Name

627 - Rossmoyne & Verdu Woodlands


Days on Market

42


Garage

No


Parking

Assigned, Controlled Entrance


Parking Total

33


View

No


County

Los Angeles


Pool

No


Zoning

R1250

Listing History

Date

Event

Price

8/23/2024

Price change

$10,800,000

-7%

Listing Contact: 818-456-7846 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/30/2024 at 7:10 PM UTC

 

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