Overview
- 15
- 12
- 6491
- 1989
Description
6.2 cap + 12.49 GRM + non rent control + assumable $1.235M loan at 3.9% (principle & interest approx $6250/mo, Buyer to verify). NOT RSO not rent control (Rent Stabilization Ordinance) built in 1989. End owner’s 3 bed 3 bath unit is vacant & ready for the new owner to occupy or rent. Real gross income with the vacant owner’s unit rented and laundry income is at 6.2 cap at $205,327 today. 2026 rent increases could see $219,192 income by October. Upside is to $238,029 income. Located on the Glendale border with easy freeway access, restaurants, and shops is this well maintained 5 unit apartment building. Each unit is large 3 bedrooms. 2 parking spaces for each unit. End unit has a fenced rear backyard. Tenants pay for their own water, electricity, and gas. Photos of vacant end unit.
Address
Open on Google Maps- Address Eagle Dale
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90041
Details
Updated on April 1, 2026 at 10:07 am- Property ID: HZ26668933
- Price: $2,699,000
- Property Size: 6491 Sq Ft
- Bedrooms: 15
- Bathrooms: 12
- Year Built: 1989
- Property Status: ResidentialIncome
- Listed by: Aram Gaboudian
- DRE #: 01493911
- Contact Mail: aramrealestate@gmail.com
- Brokered by: Keller Williams Los Angeles
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