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827 Mariposa Street

Glendale, CA 91205

– beds
– baths
– sqft
10,139 sqft lot
1927 build
– on site

The offering represents the highest in-place-yielding apartments for sale currently in the city of Glendale* Owned and operated by the same family for over 2 decades, they have exerted extensive capital improvements throughout their tenure. The property consists of 2 story 1+1+Dens that are all functioning as as 2+1. All units have individual washer & dryer hookups and water heaters. Electrical is updated and the property is individually metered for gas & electricity. With an average in-place rent of $2,285, there is a significant loss to lease (11%+) Additionally, the incorporating of potential (2) 1+1 ADUs in th parking lot, can take a new buyer’s pro forma yield to 7.5%* Casa De Mariposa with a WalkScore of 91! is situated less than 1 mile to Americana at Brand and all of the robust shopping dining & entertainment along downtown Glendale. (*) buyer to verify. For the offering memorandum or any questions, call Greg Alexanian.

Listed By CRMLS_CA / Levon Alexanian / Keller Williams World Media Center / info@alexanianadvisors.com

Last checked: Checking… • Last updated Feb 13, 2025 •

MLS# SR24080276 —

The Building

Year Built:

1927
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

7314.00
Building Area Units:

Square Feet
Total Number Of Units:

10
# of Buildings:

4
Stories Total:

2
Entry Level:

1
Common Walls:

1 Common Wall
# of Separate Gas Meters:

11
# of Separate Water Meters:

1
# of Separate Electric Meters:

11

Interior

Levels:

Two
Entry Location:

1
Laundry:

Gas Dryer Hookup, Washer Hookup
Laundry:

1

Location

Directions:

Parallel with Glendale Ave
Latitude:

34.13609900
Longitude:

-118.25033300

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

GLR4YY
Lot Features:

6-10 Units/Acre
Lot Size Area:

10139.0000
Lot Size Acres:

0.2328
Lot Size SqFt:

10139.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

3025.04
Tax Lot:

9

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5675026012

Utilities

Sewer:

Private Sewer
Water Source:

Private

The Community

Features:

Biking
Pool:

None
Senior Community:

No
Private Pool:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/22/24 Apr 22, 2024	Listed / Active	CRMLS_CA	$3,850,000

Multifamily For Sale

$3,850,000

Listing provided by broker:

Levon Alexanian

Keller Williams World Media Center

info@alexanianadvisors.com

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This multifamily located in Glendale, CA 91205 is currently for sale for $3,850,000. 827 Mariposa Street is a – square foot multifamily with – beds and – baths that has been on Estately for 305 days. This multifamily is in the attendance area of Horace Mann Elementary School, Theodore Roosevelt Middle School, and Glendale Senior High School.

Listing Courtesy of: CRMLS_CA and Keller Williams World Media Center. Based on information from California Regional Multiple Listing Service, Inc. as of 19:00 on Feb 21.

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.