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412 Fischer St, Glendale, CA 91205
$2,700,000
412 Fischer St, Glendale, CA 91205View this property at 412 Fischer St, Glendale, CA 91205
412 Fischer StGlendaleCA91205
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Property Description
We are thrilled to present an exclusive opportunity - a remarkable 7-unit building now available for sale after 36 years. Built in 1986, this building features spacious 2 & 3-bedroom units, situated in the highly sought-after Glendale area, with minimal to no vacancy rates. Comprising the 7 units are: (ONE) 3 Bed + 2.5 Bath townhome-style unit; (FOUR) 2 Bed + 2 Bath units; and (TWO) 2 Bed + 1 Bath units. This presents a promising value-add opportunity, with separate metering for gas and electricity along with Central Air Conditioning. Tenants benefit from the convenience of washer and dryer hook-ups in select units, supplemented by an additional laundry room in the common area equipped with leased laundry equipment. The property features an updated roof, secured parking, and entry offering 13 covered spaces, complemented by private storage rooms for all units. Furthermore, the current CHASE Loan offers an assumable 3.28% interest rate, fixed until May 1, 2026 (interested parties are encouraged to contact the listing agent for further details).Conveniently located near the retail corridor of E. Colorado Blvd., Glendale High School, Shopping Centers, and Windsor Park, this property presents an ideal opportunity with promising rental upside potential while adhering to Glendale's Rent Ordinance.
Full Property Details
Full Property Details for 412 Fischer St
General
- Sold For: $2,700,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 24-362049
- Added to Site: 83 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 13
Bedrooms
- Total Bedrooms: 15
Other Rooms
- Laundry: Laundry Area, In Unit
Additional Information
- Other Features: Other
Parking
- Covered Spaces: 13
- Garage Description: Covered Parking
Location
- Area: Glendale-South of 134 Fwy
- County: Los Angeles
- Cross Streets: E Colorado St & E Maple St
- Driving Directions: This fantastic investment opportunity is located in a prime area of Glendale, and is Eagle Rock adjacent. It sits on Fisher Street between East Colorado Blvd and East Maple St. The nearest major intersection is South Verdugo Rd and East Colorado Blvd. Tenants can conveniently access the 134 & 2 freeway junction for going to and from work.
Heating & Cooling
- Cooling Type: Central
- Heating Type: Other
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 6,492
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1986
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 7
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 2.5
- Bedrooms: 3
Unit 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.1711
- Lot Size: 7452
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 50 x 150
- Zoning: GLR4YY
Financial Considerations
- Price Per Sq. Ft.: $484.44
- Assessment Year: 1986
- Owner Pays: Water, Gardener
- Tenant Pays: Gas, Electricity, Cable TV
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5680-016-014
Listed and Sold by Remax Commercial and Investment Realty, Shant Sherbetdjian
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Schools
Schools serving 412 Fischer St
School District:Glendale Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
912 S Chevy Chase Dr, Glendale, CA 91205 | K-6 | 0.4 mi | |
1221 Monterey Rd, Glendale, CA 91206 | 6-8 | 1 mi | |
1440 E Broadway, Glendale, CA 91205 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 412 Fischer St
Date
Details
Price
Change
Source
4/30/2024
Sold
$2,700,000
-14.15%
MLS
2/26/2024
Listed
$3,145,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
412 Fischer St, Glendale, CA 91205 (MLS# 24-362049) is a Multi-Family property that was sold at $2,700,000 on April 30, 2024. Want to learn more about 412 Fischer St? Do you have questions about finding other Multi-Family real estate for sale in Glendale? You can browse all Glendale real estate or contact a Coldwell Banker agent to request more information.