1502 E Broadway, Glendale, CA 91205
- $3,550,000
- 16
- BD
- 16
- BA
- 7,598
- SqFt
Listing courtesy of Listing Agent: Sevak Keshishian (skeshishian@marcusmillichap.com) from Listing Office: Marcus & Millichap.
- List Price
- $3,550,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 189
- Price Change
- ▼ $150,000 1783489340
- MLS#
- 26661257
- Subtype
- Residential Income
- Year Built
- 1954
- Bedrooms
- 16
- Bathrooms
- 16
- Living Area
- 7,598
- Lot Size
- 15,305
- Acres
- 0.35
- MLS Area Major
- Glendale-South of 134 Fwy (628)
Property Description
Sale is a part of a 2 property portfolio with 121 Maynard: Marcus & Millichap is pleased to present The MayBro Apartment Portfolio, a thirty-two-unit multifamily investment opportunity located in the Citrus Grove neighborhood of Glendale. Offered for sale for the first time in nearly 20 years, 121 Maynard St. and 1502 E. Broadway provide an investor with the opportunity to acquire two sixteen-unit apartment buildings on separate parcels with over 15% in rental upside. Constructed in 1954, both properties are comprised of sixteen one-bedroom/one-bathroom units. The average unit sizes at both properties are almost 500 square feet, and most units have been renovated during ownership. Each property has its own on-site laundry room, and all units are separately metered for gas and electricity and have individual hot water heaters. 1502 E. Broadway provides tenants with 20 parking spaces and 121 Maynard St. provides tenants with 12 parking spaces and 12 storage units. There is also an additional owner's storage shed at the rear of 121 Maynard St. Both properties are zoned for R2250.
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Additional Information
- Zoning
- R2250
- Appliances
- Refrigerator
- Heating
- Wall Furnace
- Air Conditioning
- Yes
- Stories
- Two Levels
- Levels
- Two
- Parking Features
- Uncovered
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.