1241 Boynton St Glendale, CA 91205
Substantial Glendale footprint near shopping, dining, and Adams Square.
Property size:
18,732 SFLot size:
0.61 AcresProperty Features for 1241 Boynton St
General Information
- Size
- 18,732 SF
- Lot size
- 0.61 Acres
Building Details
- Year built
- 1959
Source:
Kw
Listing Agent: Raymundo
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Glendale Multifamily Investment Opportunity
This offering presents a chance to acquire a significant property in Glendale. Only six properties of comparable size have been sold in the city over the last three years. Subject to AB 1482, the property may allow a new owner to potentially recapture rent upside and align with increasing rent growth through higher allowable rent increases, especially when compared to other assets subject to Los Angeles rent control. The property is located near high-end shopping and dining destinations, including the Americana at Brand and the Glendale Galleria. It provides a more peaceful environment near the Adams Hill neighborhood, away from the urban density of Downtown Glendale. Residents also have access to boutiques, coffee shops, and restaurants in historic Adams Square, which is located just blocks from the property. The property size is 18732 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Los Angeles
- State
- California
- Longitude
- -118.2493545
- Latitude
- 34.1311184
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Substantial Glendale footprint near shopping, dining, and Adams Square.
Where is this apartment building located?
The property is located at 1241 Boynton St Glendale, CA.
What is the asking price?
The asking price for this property is $6,975,000.
What are key features of this property?
This property features: - Rare opportunity: Only six properties of this size have sold in Glendale in the past three years.; - Rent upside potential: Subject to AB 1482, allowing for potentially higher rent increases.; - Proximity to high-end shopping and dining at Americana at Brand and Glendale Galleria.