Wonderful opportunity to own a 12-unit apartment building north of Glenoaks Boulevard. Built in 1961, The Glenwood Apartments is a non-rent controlled multi-family investment consisting of one (1) two-story building containing 10,106 square feet on an approximate 10,581 square foot lot. The subject property features twelve (12) units consisting of eight (2) two-bedroom, one-baths units and four (4) one-bedroom, one-bath units. Highlights include mostly updated units, low-E dual pane windows, common laundry area, rooftop solar panels to offset common area electric bill, and 11 tuck-under parking spaces. Exceptional rental location minutes to public schools and relative close proximity to the Glendale Galleria and Americana. Can be purchased separately or as part of a four property, multi-family investment portfolio totaling 38 units.
Listing provided courtesy of
, Capitol Real Estate
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One of the biggest cities within Los Angeles County, Glendale is an entity unto itself attracting big business, high-end shopping and a vibrant and active community.
Real Estate: Originally built out as a bedroom community with many single-family residences, Glendale real estate has expanded to include many condo and townhome developments. Neighborhoods include Adams Hill, Moorpark, Glenoaks Canyon, and Rossmoyne. Houses for sale here range from traditional Spanish and Craftsman to newer modern architecture.
Community Life: Glendale has many big city attractions. Americana at Brand offers world-class shopping and fine-dining in a luxurious outdoor setting. The retail experience goes on at the nearby Glendale Galleria and all along Brand Boulevard which is also home to the historic Alex Theater.
Education: This area is served by the Glendale Unified School District. Local elementary schools include Balboa Elementary, Cerritos Elementary, Horace Mann Elementary, and John Muir Elementary. There are three public middle schools in Glendale and two high schools as well as a continuing education high school and a home independent study program. Glendale Community College has a college-credit enrollment of about 25,000 day and evening students, and approximately 10,000 others are reached through the adult education program.
Transportation: Glendale is easily accessed by the 134, 2, and 5 Freeways. The Glendale Beeline offers transportation throughout the city. The Larry Zarian Transportation Center is an Amtrak and Metrolink rail station.
Local Attractions: Forest Lawn Memorial Park is a draw for being the resting place of many celebrities including Michael Jackson and it also features an art museum. Beautiful Brand Park includes the Brand Library &Art Center.
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