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    208 E Lomita Avenue

    Glendale, CA 91205
    • $4,525,000
    • STATUS: Active
    • ON SITE: 119 days
    • ID#: OC21112672
    UPDATED: 29 min ago
    $4,525,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    Located only .2 miles to the Americana at Brand and Glendale Galleria, 208 East Lomita boasts a 97 point walk score. Featuring 20 studio apartments, the asset has undergone recent exterior and interior renovations, including but not limited to new exterior faade, stucco, paint, garage doors, and remodeled units. Downtown Glendale features world class shopping and entertainment at Glendale Galleria and Americana at Brand. Glendale has several major hospitals including Glendale Adventist Hospital and USC Verdugo Hills. Due to its location and amenities, Glendale is poised to become a regional tech hub it has already attracted over 1,000 high tech firms that employ approximately 41,000 people.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-25T07:34:17.027. 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 deemed reliable but is not guaranteed accurate by the MLS or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
    www.marknazzalrealty.com/homes/117709162
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    208 E Lomita Avenue Glendale, CA 91205

    • Price: $4,525,000
    • Status: Active
    • Updated: 29 min ago
    • ID#: OC21112672
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    1924
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    Located only .2 miles to the Americana at Brand and Glendale Galleria, 208 East Lomita boasts a 97 point walk score. Featuring 20 studio apartments, the asset has undergone recent exterior and interior renovations, including but not limited to new exterior faade, stucco, paint, garage doors, and remodeled units. Downtown Glendale features world class shopping and entertainment at Glendale Galleria and Americana at Brand. Glendale has several major hospitals including Glendale Adventist Hospital and USC Verdugo Hills. Due to its location and amenities, Glendale is poised to become a regional tech hub it has already attracted over 1,000 high tech firms that employ approximately 41,000 people.
    Exterior Features

    Lot Features Street Level Number Of Separate Electric Meters 1 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Cap Rate 4.11 Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 306393 Gross Scheduled Income 310116 Insurance Expense 4900 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 185783 New Construction YN No New Taxes Expense 49032 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 120609 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1005 Vacancy Allowance Rate 3 Water Sewer Expense 21001 Water Source Public Zoning Glr4yy

    Listing provided courtesy of Brett Bayless of Brett Bayless, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-25T07:34:17.027. 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 deemed reliable but is not guaranteed accurate by the MLS or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.
     
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    Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center
    1473 Ford St., Suite 200
    Redlands CA, 92373