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123 Jackson Street, Glendale, CA 91206
Priced at Only: $6,900,000
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Address: 123 Jackson Street, Glendale, CA 91206
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  • MLS#: GD26045648 ( Commercial/Residential )
  • Street Address: 123 Jackson Street
  • Viewed: 1
  • Price: $6,900,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Days On Market: 19
  • Additional Information
  • County: LOS ANGELES
  • City: Glendale
  • Zipcode: 91206
  • Provided by: Stevenson Real Estate Services
  • Contact: David David
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Outstanding opportunity to purchase two (2) quintessential, 1950 constructed apartment buildings located in Glendales Central Business District; the property consists of four (4), two (2) bedroom/one (1) bathroom units and sixteen (16), one (1) bedroom/one (1) bathroom units; the two (2) bedroom units have a separate dining area off the kitchen and living area; units are separately metered for electricity and gas and have their own hot water heaters; wall heaters and through the wall air conditioners; front and back doors for each of the units; covered entries with stairwells; the property has been partially replumbed (horizontal lines and some vertical lines); main sewer line replaced approximately 20 years ago; hip roofs; insulation in the attic; casement windows; ten (10) covered parking spaces; laundry room (machines owned); currently two (2) units are being held vacant so that the new owner can rent the units or upgrade the finishes as desired; the property is located just blocks away from The Americana at Brand and Glendale Galleria
Features
Additional Parcels Description
  1. 5642006040
Assessments
  1. Buyer to Verify
Building Area Total
  1. 15124.00
Carport Spaces
  1. 10.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Construction Materials
  1. Frame
  2. Stucco
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 12
Electric Expense
  1. 24201.00
Flooring
  1. Tile
  2. Vinyl
  3. Wood
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Gardner Expense
  1. 7200.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 35213.00
Interior Features
  1. Copper Plumbing Partial
Laundry Features
  1. Common Area
Laundry Income
  1. 1650.00
Levels
  1. Two
Lot Features
  1. Lot 6500-9999
Netoperatingincome
  1. 233877.00
Newtaxesexpense
  1. 76665.00
Number Of Separate Electric Meters
  1. 20
Number Of Separate Gas Meters
  1. 20
Otherexpense
  1. 15000.00
Otherexpensedescription
  1. Reserves
Parcel Number
  1. 5642006039
Parking Features
  1. Assigned
Pool Features
  1. None
Professionalmanagementexpense
  1. 21551.00
Property Type
  1. Commercial/Residential
Roof
  1. Composition
  2. Shingle
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 457671522:CRM
Tenant Pays
  1. Gas
  2. Telephone
  3. Electricity
Totalactualrent
  1. 36887.00
Totalexpenses
  1. 197137.00
Trash Expense
  1. 7308.00
Utilities
  1. Natural Gas Connected
  2. Sewer Connected
  3. Electricity Connected
  4. Water Connected
Vacancyallowance
  1. 13279
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Window Features
  1. Casement Windows
Year Built
  1. 1950
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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