412 Fischer Street
Glendale, CA 91205
- – beds
- – baths
- – sqft
- 7,452 sqft lot
- 1986 build
- – on site
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We are thrilled to present an exclusive opportunity - a remarkable 7-unit building now available for sale after 36 years. Built in 1986, this building features spacious 2 & 3-bedroom units, situated in the highly sought-after Glendale area, with minimal to no vacancy rates. Comprising the 7 units are: (ONE) 3 Bed + 2.5 Bath townhome-style unit; (FOUR) 2 Bed + 2 Bath units; and (TWO) 2 Bed + 1 Bath units. This presents a promising value-add opportunity, with separate metering for gas and electricity along with Central Air Conditioning. Tenants benefit from the convenience of washer and dryer hook-ups in select units, supplemented by an additional laundry room in the common area equipped with leased laundry equipment. The property features an updated roof, secured parking, and entry offering 13 covered spaces, complemented by private storage rooms for all units. Furthermore, the current CHASE Loan offers an assumable 3.28% interest rate, fixed until May 1, 2026 (interested parties are encouraged to contact the listing agent for further details).Conveniently located near the retail corridor of E. Colorado Blvd., Glendale High School, Shopping Centers, and Windsor Park, this property presents an ideal opportunity with promising rental upside potential while adhering to Glendale's Rent Ordinance.
Last checked:
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Last updated Apr 30, 2024
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MLS# 24362049 —
The Building
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Year Built:1986
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New Construction:No
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Building Area Total:6492.00
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# of Buildings:1
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Total Number Of Units:7
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Stories Total:2
Interior
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Levels:Two
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Laundry:1
Location
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Directions:This fantastic investment opportunity is located in a prime area of Glendale, and is Eagle Rock adjacent. It sits on Fisher Street between East Colorado Blvd and East Maple St. The nearest major intersection is South Verdugo Rd and East Colorado Blvd. Tenants can conveniently access the 134 & 2 freeway junction for going to and from work.
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Latitude:34.14119400
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Longitude:-118.23575200
The Property
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Property Type:Residential Income
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Zoning:GLR4YY
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Lot Size Area:7452.0000
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Lot Size Dimensions:50x150
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Lot Size Acres:0.1711
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Lot Size SqFt:7452.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5680016014
Heating & Cooling
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Cooling:Yes
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Cooling:Central Air
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Covered
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Parking Spaces:13.00
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).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/30/24
Apr 30, 2024
|
Sold | CRMLS_CA | $2,700,000 | -14.1% |
|
3/22/24
Mar 22, 2024
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Sold Subject To Contingencies | CRMLS_CA | $3,145,000 | |
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2/26/24
Feb 26, 2024
|
Listed / Active | CRMLS_CA | $3,145,000 |
