34.073982 -118.2621

827 Glendale Boulevard LOS ANGELES, CA 90026

299814970 34.073982 -118.2621 124 /listing/299814970-150073587/827-glendale-boulevard-los-angeles-ca-90026 False 0 3300000.0 105 21763560 False
  • $3,300,000
  • 0.16 lot
  • Est payment $17715.11/mo

Property & Neighborhood Info

Courtesy Of Andres Diaz, DRE#01956479, Keller Williams Downtown LA

Multi-Family in Los Angeles

Rare opportunity to purchase a relatively new construction apartment building across from Echo Park. A prospective buyer has the opportunity to purchase an apartment building subject to AB 1482 rent control which allows for 5% + CPI annual rent increases. The property offers an outstanding unit mix of studio, two-bedroom, & three-bedroom units & approximately 40% upside in rental income. The studio unit measures approximately 970 square feet and was originally a recreation room. Current owners are in the process of receiving approval permits to convert the recreation room into a legal studio, accessory dwelling unit (ADU). Lastly, the three-bedroom/three-bathroom plus a den unit is being operated as a fourth bedroom.

Courtesy Of Andres Diaz, DRE#01956479, Keller Williams Downtown LA
  1. 0.16 Lot

Main Features

  • Listing Status: Contract Pending
  • Year Built: 1988
  • County: LOS ANGELES
  • Units: 6
  • Zoning: LARD2
  • MLS Number:21763560

Additional Features

  • Cooling:
    • CentralAir
  • Flooring:
    • Laminate
  • Appliances:
    • Dishwasher
    • Microwave
  • Building Square Feet:
    • 7924
  • Garage:
    • Y
  • Parking:
    • Garage
  • Heating:
    • Central
  • Security Features:
    • GatedCommunity
    • KeyCardEntry
    • SecurityGate
  • Community Features:
    • Gated
  • Number of Buildings:
    • 1
  • Gross Income:
    • 188628
  • Net Operating Income:
    • 123147
  • CDOM:
    • 71
  • Special Conditions:
    • Standard
  • DOM:
    • 71
  • Listing Service:
    • FullService
  • Listing Type:
    • ExclusiveRightToSell
  • Listing Key:
    • 530111538
  • Parcel Number:
    • 5404006029
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Geoff Hamill
Geoff Hamill
500 W. FOOTHILL BLVD. CLAREMONT CA 91711
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34.073982 -118.2621

827 Glendale Boulevard LOS ANGELES, CA 90026

299814970 34.073982 -118.2621 124 /listing/299814970-150073587/827-glendale-boulevard-los-angeles-ca-90026 False 0 3300000.0 105 21763560 False
  • $3,300,000
  • 0.16 lot
  • Est payment $17715.11/mo