List Search

453 Ivy St
Glendale, CA 91204 Moorpark-Glendale

$7,500,000 USD

Apartments For Sale  •  20,733 SF

Property Details

  • Property Type Apartments
  • Total Building Size 20,733 SF
  • Lot Size 0.34 AC
  • Building Class C
  • Year Built 1984
  • Cap Rate 4.26 %
  • Zoning GLR4*
63 Transit Score
92 Walk Score

Highlights

Incredible Glendale location; Walk Score of 91
Walking Distance to The Americana at Brand, Glendale Galleria Mall, and Downtown Glendale
All Two-Bedroom Unit Mix: 18 – Two-Bedroom/Two-Bathroom Units
1984 Construction; ±20,733 SF Building Size on ±14,959 GLR4 Lot
Current Rents ±31% Under Market
Well-Amenitized; Controlled Access Entry, Courtyard Area, Elevator, In-Unit Laundry, Central Air & Heat, and Fireplaces Balconies/Patios

Financial Summary (Actual)

Net Operating Income: $319,230 USD (2024)
Cap Rate: 4.26 %
Total Expenses: $199,623 USD

Major Tenants

Tenant SF Occupied Lease End Date
Rainbow Pool & Spa

Amenities

  • Air Conditioning
  • Balcony
  • Controlled Access
  • Courtyard
  • Dishwasher
  • Fireplace
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Gated
  • Heating
  • Tile Floors
  • Granite Countertops
  • Range
  • Elevator
  • Patio
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 3 min - 1.8 mi
Downtown Burbank (Antelope Valley Line - Amtrak, Pacific Surfliner - Amtrak, Ventura County Line - Amtrak) 7 min - 4.5 mi
AirportDriveWalkDistance
Bob Hope 15 min - 10.0 mi
Los Angeles International 36 min - 19.8 mi
Long Beach (Daugherty Field) 41 min - 29.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 34
Type: Surface
Included in Rent: Yes
Jenny Eng 213-631-8788 CBRE
Jenny Eng 213-631-8788 CBRE