1157 Alameda Avenue, Glendale, CA, 91201

1157 Alameda Avenue, Glendale, CA, 91201 < >
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for sale
$9,400,000
Year Built:1986
Status:Active
MLS #:SR18086670
Date Updated:
For information contact:
CENTURY 21 Ditton Realty
559-683-7653
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Go See This Home
We are pleased to introduce ELEVEN57, a rare re-positioned non-rent controlled 18 unit trophy multifamily asset. Comprised of all 2+2.5 T.H. units with individual washer & dryer, updated interiors, and modern exterior detail commanding strong street presence. ELEVEN57 incorporates a host of capital improvements such as solar panels on the rood, poly-u coated roof, new intercom system, new gates & railing, signage throughout, new irrigation and landscaping. Property was built 1986 and modernized recently. By capturing loss to lease upside in rents, ELEVEN57 translates into a 4.4% CAP rate. Each unit also encompass fireplaces, fenced private patios, open floor layouts, stainless steel appliances, dedicated gated parking spaces. ELEVEN57, located at 1157 Alameda Ave Glendale, CA 91201, the asset is in the prime part of the city, north of Glenoaks Blvd and on the last block before transitioning to strictly single family opens. The offering also sits at the midpoint to both downtown Glendale & Burbank. The dynamic location between two affluent cities provide both strong workforce with premiere shopping, dining and entertainment options. Within 2 blocks, tenants can walk to nearby grocer
Exterior Details
Garage Spaces: 0.00Lot Features: 16-20 Units/Acre
Number Of Buildings: 1Number Of Units Total: 18
Parking Features: AssignedParking Total: 34.00
Pool Features: None

Community Information
County Or Parish: Los AngelesDirections: Cross Streets: Glenoaks Blvd & Glenwood Rd.
MLS Area Major: 626 - Glendale-NorthwestParcel Number: 5621029030
Zoning: GLR4*

Property Information From MLS Data
Virtual Tour: www.eleven57alameda.comYear Built: 1986

Utilities
Water Source: Public

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Monthly Payment for 1157 Alameda Avenue
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$9,400,000
Down Payment:
Loan Amount:$7,520,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Levon Alexanian, Keller Williams World Media Ce

Information obtained from CACRMLS is current as of 4/21/2018 10:05 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.