eXp Realty Of California Inc
Leanne Reynolds, eXp Realty Of California IncPhone: (818) 731-9300
Email: [email protected]

Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5
listing
1 of 5
CommercialFor Sale
$9,000,000
121 Maynard Street
Glendale, CA 91205
Listing Office: Marcus & Millichap
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$46,556/mo

SOLD AS A PORTFOLIO WITH 1502 E BROADWAY. We are pleased to present The MayBro Apartments, a thirty two-unit multifamily investment opportunity located in the Citrus Grove neighborhood of Glendale. Offered for sale for the first time in nearly 20 years, 121 Maynard St. and 1502 E. Broadway provide an investor with the opportunity to acquire two sixteen-unit apartment buildings on separate parcels with over 26% in rental upside. The portfolio currently has two vacant units. Constructed in 1954, both properties are comprised of sixteen one bedroom/one-bathroom units. The average unit sizes at both properties are almost 500 square feet, and most units have been renovated during ownership. Each property has its own on-site laundry room, and all units are separately metered for gas and electricity and have individual hot water heaters. 1502 E. Broadway provides tenants with twenty parking spaces and 121 Maynard St. provides tenants with twelve parking spaces and twelve storage units. There is also an additional owner's storage shed at the rear of 121 Maynard St. Both properties are zoned for R2250.

Get in touch
Information courtesy of Marcus & Millichap is subject to verification and is not guaranteed.
Community / School Information