Glendale Palms

211 E Fairview Ave, Glendale, CA 91207

LISTING DETAILS:

First time in market over 50+ years

North of Glenaoks Blvd.

Across the street from Trader Joes & Coffee Bean

Major capital improvements list

(6) 2+2  |  (2) 1+1

Copper Plumbing

Description

 

Alexanian Apartment Advisors are pleased to present their newest marketing assignment, the Fairview Plams Apartments. First time in the market in over 50 years! Beautiful 8 units extensively remolded, with long list of capital improvements. Ideal unit mix, prime location, and impeccable quality will make attaining market rents effortless in this non-rent controlled offering.

Situated North of Glenoaks Blvd in the 91207 zip code. Walking distance from Coffee Bean, Trader Joe’s, and Walgreen’s. Just a few minutes away from downtown Glendale! Trust sale – subject to approval of beneficiaries within 20 days.

Contact us for complete offering memorandum

Price $2,700,000 Gross Rent Multiplier 17.80
No. Units 8 Occupancy 100%
Building Size 7,297 SF No. Stories 2
Price/Unit $337,500 Year Built 1962
Property Type Multifamily Lot Size 8,495 SF
Property Sub-type Garden/Low-Rise APN / Parcel ID 5644-011-005
Price

$2,700,000

City

Glendale CA

Units

8