3819 La Crescenta AveGlendale, CA 91214

Property Details for 3819 La Crescenta Ave

Year built

1987

Lot size

13,949.00 AC

Property size (Sq ft)

12,859 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 10-unit townhome investment opportunity in prime La Crescenta, CA, presents a rare chance to acquire a well-maintained property boasting significant upside potential. Built in 1987, the property comprises 12,859 square feet on a substantial 13,949 square foot lot, offering a compelling 5.28% cap rate and a strong NOI of $369,561. Each of the ten 2+2.5 townhomes features approximately 1,286 square feet of living space, complete with a double attached garage, individual washer/dryer hookups, fireplaces, central air conditioning and heating, and private balconies. The property benefits from separate gas, electric, and water meters, as well as copper plumbing, minimizing maintenance concerns. Situated in a highly desirable rental location, it's within walking distance of schools and just blocks from the vibrant Old Town Montrose Village, ensuring consistent high occupancy rates. The property's excellent curb appeal and individual parcel numbers for each unit further enhance its investment value. This is a turnkey opportunity for investors seeking a stable, high-performing asset in a sought-after Los Angeles County location. The asking price is $6,999,000, representing $699,900 per unit. The property's 20 parking spaces provide ample accommodation for residents. The APN numbers are: 5610-016-061

Location Insight

City

Glendale

County

Los Angeles

State

California

Latitude

34.2124

Longitude

-118.24

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].