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332 Lomita Avenue
Glendale, CA 91204
Sold
We are pleased to be retained as the exclusive listing agent & advisor for this rare opportunity to reposition in Glendale. Due to the long-term ownership relationship, rents have remained at historic levels, leaving approximately 149% upside in rents. 92 Walk Score! The offering very likely represents the highest post-market yield being offered in all of the tri-cities. (10) 1+1, (4) 2+2, and 1 non confirming single, all within walking distance to Galleria, Americana, St Mary's Church, Pacific Park, Pacific Community Center & pool. Under 5 min drive to Glendale Memorial Hospital, 7 miles to downtown L.A. In addition to the upside in rents, there seems to be potential to add (2) ADUs where the pool used to occupy. Buyer to verify. Ownership has recently executed over $20,000 of capital expenses in concrete overlay, partial torch down of roof, new gutters and spouts. There are solar panels on the roof, on-site parking, laundry. *** For financial & complete offering memorandum, contact listing agent ***
PROPERTY INFORMATION
| MLS # | SR23040512 | Lot Size | 11,971 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 4,600,000
Price Per SqFt: $ 407 |
DOM | 813 Days |
| Address | 332 Lomita Avenue | Type | Residential Income |
| City | Glendale | Sq.Ft. | 11,300 Sq. Ft. |
| Postal Code | 91204 | Garage | N/A |
| County | Los Angeles | Year Built | 1964 |
| Bed / Bath | 3 / 0 | Parking | N/A |
| Built In | 1964 | Status | Closed |
| Sold Date | 2023-06-21 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Common Area |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | Community |
WALKSCORE
Walk Score: 93 (Walker's Paradise)
Transit Score: 63 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $4,907
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 06/21/2023 | Sold | $4,150,000 |
| 04/03/2023 | Pending | $4,600,000 |
| 03/10/2023 | Listed | $4,600,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Levon Alexanian, Keller Williams World Media Center. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
