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655 Ivy St
Glendale, CA 91204 Moorpark-Glendale

$6,500,000 USD

Apartments For Sale • 9,273 SF

Property Details

Property Type Apartments
Total Building Size 9,273 SF
Lot Size 0.32 AC
Building Class C
Year Built 1963
Zoning R4P

50 Transit Score

70 Walk Score

                
                    Highlights
                
                                Fully remodeled 12-unit apartment community featuring new kitchens, baths, flooring, and in-unit laundry.
                            
                                Unit mix includes eleven 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, offering an attractive configuration for renters.
                            
                                Central air conditioning throughout, ensuring a modern, turnkey, low-capex investment opportunity.
                            
                                Strong in-place rental income with current Net Operating Income at approximately $267K and additional upside potential.
                            
                                Ideally located within walking distance to Downtown Glendale, The Americana at Brand, and Glendale Galleria.
                            
                                Excellent access to the 134, 2, and 5 Freeways, providing convenient connectivity to Burbank, Pasadena, and Los Angeles employment hubs.

Amenities

24 Hour Access
Air Conditioning
Laundry Facilities
Walking/Biking Trails
Kitchen
Oven
Range
Tub/Shower
Public Transportation
Private Bathroom
Walk-Up

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	4 min	-	2.0 mi
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	9 min	-	4.1 mi
Airport	Drive	Walk	Distance
Bob Hope	15 min	-	9.5 mi
Los Angeles International	37 min	-	20.0 mi
Long Beach (Daugherty Field)	42 min	-	29.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

Brent Ballard 818-919-0282 Ballard & Ballard Real Estate-eXp

655 Ivy St Glendale, CA 91204 Moorpark-Glendale