Pending

950 N Louise St

Glendale CA, 91207

$9,950,000


$286.74 per sqft

Pending

52 Beds

49 Baths

34,700 sqft

Multi-family

Built in 1967

A truly unique and rare opportunity to purchase a twenty-five (25) unit apartment building located in prime Glendale, resting in the hills above Glenoaks. Originally constructed in 1967, the property features one building with three floors. The property features large and spacious units with an average size of 1,388 square feet and a unit mix of twenty-one (21) 2 bedroom 2 bathroom units, three (3) 3 bedroom 2 bathroom units, and one (1) 1 bedroom 1 bathroom non-conforming unit. Each unit comes with a storage locker (located in the laundry room), one assigned parking space (select units have 2 spaces, and a private patio/balcony. Landlord pays electrical utility bill for the for the common AC System. Each unit has its own thermostat and coil system. The laundry machines are owned. Seventeen (17) units have been upgraded over the years with hardwood floors and granite countertops. Common area amenities included secured parking and on-site coin operated laundry facilities, common A/C Tower with Chiller and common boiler. Units are separately metered for electricity, and do not feature gas. The only gas portion of the building is for the boiler. Ownership has spent over $1,000,000 on capital improvements.

24-416677

MLS ID

July 17, 2024

Listed

November 22, 2024

Updated

Map

950 N Louise St
Glendale CA, 91207

Interior Features

Total Stories

3


Bedrooms

52


Total Bathrooms

49


Appliances

Dishwasher, Elevator, Microwave, Range/Oven


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.39 Acres

Other Property Details

Area Name

Rossmoyne & Verdugo Woodlands


Days on Market

129


Garage

No


Parking

Assigned, Controlled Entrance


Parking Total

33


View

No


County

Los Angeles


Pool

No


Zoning

R1250

Listing History

Date

Event

Price

11/18/2024

Pending

10/7/2024

Price change

$9,950,000

-8%

8/23/2024

Price change

$10,800,000

-7%

Listed by Andy Anubhav Kawatra with Andy Anubhav Kawatra
Listing Contact: 818-456-7846 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Stacey Boucher shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

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