$3,300,000
$3,495,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 02/28/2023
Key Details
Sold Price $3,300,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-11795
Sold Date 02/28/23
HOA Y/N No
Property Sub-Type Multi Family
Property Description
655 Ivy Street is a rare opportunity for an investor interested in a value-add multi-family property. Just 15 minutes from Downtown Los Angeles, yet not subject to LA rent control, presents an already cash-flowing property that can quickly become a once in a decade investment opportunity. This family owned 12 unit property will greatly benefit with a more modern investing strategy. Located in the growing city of Glendale (Glendale Rent Control and AB 1482), this investment will provide growth no matter the season of the real estate market.
Location
State CA
County Other
Area 628 - Glendale-South Of 134 Fwy
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Fence None
Building
Lot Description Sprinklers None
Water Public
Others
Tax ID 5695002008
Financing Cash to New Loan
Special Listing Condition Probate Listing, Standard, Trust
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Bought with Brent Ballard Anderson Ballard Companies
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Managing Broker, JD | Lic# DRE# 01065018/02178736