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

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listing
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Residential IncomePending
$4,485,000
4419 Pennsylvania Avenue
Glendale, CA 91214
Listed by Chris Keramati DRE#01702116 [email protected] Triqor Group
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$23,251/mo

We are pleased to present the Penn Plaza Apartments, a 13-unit apartment building in North Glendale. The property is comprised of thirteen two-bedroom units equipped with wall A/C units, gas wall heaters, ceiling fans, and carport parking. Most units have been upgraded with granite countertops and laminate wood flooring. Additionally, the property features a combination of tuck-under and carport parking. This is a well-kept building in a unique location of Glendale. With nearly 50% upside in rental income, this deal offers the opportunity for an investor to achieve over a 6% Cap Rate on market rents.

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Information courtesy of Triqor Group is subject to verification and is not guaranteed.
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