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320 Western Avenue, Glendale, CA 91201
$1,675,000
320 Western Avenue, Glendale, CA 91201View this property at 320 Western Avenue, Glendale, CA 91201
320 Western AvenueGlendaleCA91201
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Property Description
An excellent opportunity awaits potential investors looking to acquire a multifamily property in the Riverside Rancho district of Glendale. MIG Commercial Real Estate Services, Inc is pleased to introduce 320 Western Ave in Glendale, a well maintained six-unit multifamily asset. Constructed in 1957, this complex comprises (4) two-bedroom, one-bathroom units, and (2) one-bedroom, onebathroom units. There is a covered carport at the rear of the
building, providing six parking spaces (one per unit). Owner pays common area electricity, gas for the laundry room, and water. Tenants are responsible for all other utilities. There are 7 total electric meters, 7 total gas meters, and 1 water meter. Recent upgrades include the replacement of the main water line and the vertical waste line connecting to the city's infrastructure. Despite heavy rains in the past year, there have been no significant reports
of leaks. Glendale's strategic location offers easy access to major freeways, making it a convenient hub for commuting to various parts of Los Angeles County. The city is also home to the Glendale Unified School District and is just minutes away from renowned establishments like Disney, DreamWorks Animation, the Los Angeles Zoo, and numerous urban parks. Don't miss this opportunity to claim your next investment!
Full Property Details
Full Property Details for 320 Western Ave
General
- Sold For: $1,675,000
- Status: Closed
- Type: Multi-Family
- MLS ID: GD23212525
- Added to Site: 231 day(s) ago
Interior
- Flooring: Carpet
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 6
- Parking Features: Carport
- Parking: Carport
Location
- Area: 626 - Glendale-Northwest
- County: Los Angeles
- Development Name: 626 - Glendale-Northwest
- Driving Directions: From the 5 North exit Western Ave, turn left onto Flower St toward Western Ave, turn left onto Western Ave. In 0.4 miles the destination is on your left
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 7
- # Electric Meters: 7
Structural Information
- Entry Location: Ground
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,662
- Year Built: 1957
Unit Information
Unit 1
- Number of Units: 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.173
- Lot Size Source: Assessor
- Zoning: GLR3*
- Lot Description: Lawn, Near Public Transit, Park Nearby
Financial Considerations
- Price Per Sq. Ft.: $359.29
- Price Per Unit: 332500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by MIG Commercial Real Estate Ser, Alex Matevosian
Sold by Remax Commercial and Investment Realty, Eric Dilanian
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Schools
Schools serving 320 Western Ave
School District:Glendale Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1844 Bel Aire Dr, Glendale, CA 91201 | K-6 | 1.5 mi | |
700 Glenwood Rd, Glendale, CA 91202 | 6-8 | 1.6 mi | |
651 Glenwood Rd, Glendale, CA 91202 | 9-12 | 1.7 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 320 Western Ave
Date
Details
Price
Change
Source
12/14/2023
Sold
$1,675,000
-16.04%
MLS
11/16/2023
Listed
$1,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
320 Western Avenue, Glendale, CA 91201 (MLS# GD23212525) is a Multi-Family property that was sold at $1,675,000 on December 14, 2023. Want to learn more about 320 Western Avenue? Do you have questions about finding other Multi-Family real estate for sale in Glen-Northwest? You can browse all Glen-Northwest real estate or contact a Coldwell Banker agent to request more information.