Glendale, CA 91205,1241 Boynton St
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Glendale, CA 91205,1241 Boynton St
Glendale, CA 91205,1241 Boynton St
Glendale, CA 91205,1241 Boynton St
Glendale, CA 91205,1241 Boynton St
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$ 6,975,000
Est. payment /mo
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1241 Boynton St Glendale, CA 91205

32 Beds

28 Baths

18,732 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 18,732 sqft

Price per Sqft $372

MLS Listing ID 25583099

Bedrooms 32

Year Built 1959

Lot Size 0.618 Acres

Acres 0.6144

Property Sub-Type Multi-Family

Property Description

This offering provides investors with a rare opportunity to secure a rather substantial footprint within Glendale, as only six properties of this size have sold within the city over the past three years. Due to the fact that the property subject to AB 1482, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. The property benefits from its proximity to the high-end shopping and dining destinations nearby -- notably the Americana at Brand and the Glendale Galleria -- while providing tenants with a more peaceful and serene atmosphere near the Adams Hill neighborhood, removed from the densely urban neighborhood in Downtown Glendale. Residents also enjoy access to the nearby boutiques, coffee shops, and restaurants in historic Adams Square, just blocks from the property.

Location

State CA

County Los Angeles

Area Glendale-South Of 134 Fwy

Zoning GLR4YY

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment None

Exterior

Parking Features Assigned

Garage Spaces 33.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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