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453 Ivy St Glendale, CA 91204

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For Sale
$7,500,000

18-unit multifamily property in Glendale, built in 1984.

Property Features for 453 Ivy St

General Information

Standard status
Active

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Listing Contact
Jenny Eng
Source: Cbre

Listing Agent: Jenny Eng

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Glendale Multifamily Property For Sale

Located in Glendale, south of Broadway and north of Colorado Street, this three-story multifamily property at 453 Ivy Street presents an investment opportunity. Constructed in 1984, the building has a total size of approximately 20,733 square feet and is situated on a 14,959 square foot lot. The property features controlled access, landscaping, and is equipped with an elevator. Parking is provided through partial subterranean spaces, with storage areas. Select units also have individual garages within the parking structure. The property contains 17 legal units and 1 non-conforming unit. The unit mix consists of two-bedroom/two-bathroom units. These units are approximately 1,148 square feet and include laminate wood and tile flooring, a stove, refrigerator, microwave, dishwasher, central air and heat, in-unit laundry (non-conforming units have a shared laundry room), recessed lighting, a fireplace, closet and storage space, and a balcony or patio. Select units have been renovated. The property is separately metered for gas and electric, with non-conforming units master-metered, and serviced by central water heaters. The property is located near The Americana at Brand, Glendale Galleria Mall, and Downtown Glendale, as well as shopping, dining, and entertainment along Colorado Street, Central Ave, Brand Boulevard, Broadway, and Glendale Avenue, Glendale Fashion Center, LA Zoo, Griffith Park, Griffith Observatory, and Glendale Community College.
Location Intelligence

Current Use by Public Records

Rainbow Pool & Spa General Contractor

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Glendale
County
Los Angeles
State
California
Longitude
-118.2633121
Latitude
34.1461182

FAQs

What type of property is this?
Apartment building - 18-unit multifamily property in Glendale, built in 1984.
Where is this apartment building located?
The property is located at 453 Ivy St Glendale, CA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: - Prime Glendale location with a Walk Score of 91, near The Americana at Brand, Glendale Galleria Mall, and Downtown Glendale.; - Spacious two-bedroom/two-bathroom layouts in all 18 units.; - Well-maintained, controlled-access building with an elevator and partial subterranean parking.
More about this property
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