Sold
827 Glendale Blvd
Los Angeles CA, 90026
$3,150,000
$397.53 per sqft
Sold
16 Beds
7,924 sqft
Residential
Built in 1988
Rare opportunity to purchase a relatively new construction apartment building across from Echo Park. A prospective buyer has the opportunity to purchase an apartment building subject to AB 1482 rent control which allows for 5% + CPI annual rent increases. The property offers an outstanding unit mix of studio, two-bedroom, & three-bedroom units & approximately 40% upside in rental income. The studio unit measures approximately 970 square feet and was originally a recreation room. Current owners are in the process of receiving approval permits to convert the recreation room into a legal studio, accessory dwelling unit (ADU). Lastly, the three-bedroom/three-bathroom plus a den unit is being operated as a fourth bedroom.
21-763560
MLSⓇ ID
July 21, 2021
Listed
March 18, 2024
Updated
Map
827 Glendale Blvd
Los Angeles CA, 90026
Interior Features
Total Stories
3
Bedrooms
16
Appliances
Dishwasher, Elevator, Microwave
Floor Description
Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.16 Acres
Other Property Details
Area Name
Silver Lake - Echo Park
Days on Market
71
Garage
Yes
Parking
Garage
Parking Total
12
View
No
County
Los Angeles
Pool
No
Zoning
LARD2
Listed by Andres Diaz with Keller Williams Downtown LA
Listing Contact: 323-376-2469
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor RSR Rogers Stellini Ritt Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 3/18/2024
