114 Franklin Court, Glendale, CA, 91205

114 Franklin Court, Glendale, CA, 91205 < >
for sale
$6,000,000
Year Built:1925
Status:Active
MLS #:818000583
Date Updated:
For information contact:
CENTURY 21 Ditton Realty
559-683-7653
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We are pleased to present the opportunity to acquire this multifamily portfolio located in the Heart of Glendale. With the properties proximity to many of Glendales premium amenities, the site will garner above market rent for any new investor looking to increase their current cash flow. Within the past two years, the portfolio has undergone a major capital renovation plan that will allow a new owner to raise rents without the headache of construction.The offering is a portfolio of four adjacent parcels with huge upside. Consisting of two duplexes, a five unit, and eight unit apartment buildings, the acquisition allows for a multitude of financing options. Included in the portfolio is a unit mix consisting of (1)- 2 bed / 1 bath SFR, (4)- 1 bed / 1 bath SFR, (8)- 1 bed / 1 bath, and (4)- studio / 1 bath units. Currently, two of the five garage spaces are being leased for $250 per month, allowing a future owner to yield an increased income stream through the rental of the spaces. In addition, the site maintains a total parking count of 28 spaces which include (4)- single garage and (1)-two car garage.
Interior Details
Flooring: Laminate, CarpetLevels: Two
Stories Total: 2

Exterior Details
Garage Spaces: 5.00Parking Features: Parking Space, Garage - Single Door
Parking Total: 5.00

Community Information
Directions: Broadway and Franklin CtMLS Area Major: 628 - Glendale-South of 134 Fwy
Parcel Number: 5674008004/6/8/10Subdivision Name: Not Applicable - 1007242
Zoning: GLR4YY

Property Information From MLS Data
Year Built: 1925

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Monthly Payment for 114 Franklin Court
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$6,000,000
Down Payment:
Loan Amount:$4,800,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Casey Picard, Keller Williams Realty

Information obtained from CACRMLS is current as of 4/24/2018 1:58 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.