1245 S Orange Street
Glendale, CA 91204
- – beds
- – baths
- – sqft
- 8,482 sqft lot
- 1927 build
- – on site
More homes
Containing exclusively two-bedroom units, the property provides a new owner the chance to dramatically improve cash flow as current rents are approximately 62% below market level. In-place rents average only $1.66 per square foot, while similar apartments in the area are achieving $2.60-$2.79 per square foot. The property sits approximately one mile from both the upscale Americana at Brand shopping center and the recently remodeled Glendale Galleria. Situated near the intersection of Central Avenue and San Fernando Road, tenants enjoy convenient access to Griffith Park, Los Feliz, the Greek Theatre, and the Los Angeles Zoo. The soon-to-be-completed multi-million dollar North Atwater East Bank Riverway Project, which would provide a 2.2-mile pathway and connect to the Los Angeles River bike path, is only one mile from the building.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated May 5, 2023
•
MLS# 22135585 —
The Building
-
Year Built:1927
-
New Construction:No
-
Building Area Total:7680.00
-
Total Number Of Units:8
-
# of Buildings:1
-
Stories Total:2
Location
-
Directions:We are pleased to announce the opportunity to purchase 1245 S Orange Street, an eight-unit multifamily property that is not subject to Los Angeles City Rent Control due to its location within Glendale, CA.
-
Latitude:34.13064400
-
Longitude:-118.25672300
The Property
-
Property Type:Residential Income
-
Zoning:GLR4YY
-
Lot Size Area:8482.0000
-
Lot Size Dimensions:50x170
-
Lot Size Acres:0.1947
-
Lot Size SqFt:8482.00
-
Lot Size Source:Estimated
Listing Agent
- Contact info:
- No listing contact info available
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:5640012017
The Community
-
Association:No
-
Senior Community:No
Parking
-
Parking:Yes
-
Parking:Assigned
-
Parking Spaces:8.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/8/22
Sep 8, 2022
|
Sold Subject To Contingencies | CRMLS_CA | $2,450,000 | |
|
9/1/22
Sep 1, 2022
|
Sold | CRMLS_CA | $2,450,000 | -10.3% |
|
5/11/22
May 11, 2022
|
Listed / Active | CRMLS_CA | $2,730,000 |
