Bought with Lida Avedissian • Coldwell Banker Hallmark
$2,000,000
$2,195,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
810 E Lomita Glendale, CA 91205
5,866 SqFt
Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,866 sqft
Price per Sqft $340
MLS Listing ID CRGD25226393
Year Built 1963
Lot Size 7,161 Sqft
Property Sub-Type Other
Property Description
Excellent and well-maintained 6-unit income property located in one of Glendale's most desirable rental neighborhoods, just steps from The Americana at Brand, shops, dining, and entertainment. The property features a great unit mix of 2 x 2BR+2BA, 2 x 2BR+1BA, and 2 x 1BR+1BA, with spacious, bright interiors and stable long-term tenants. The landlord has not raised rents in many years, offering significant upside potential for a new owner to adjust to market rates and improve cash flow. The roof was replaced in 2010, and all units have been kept in excellent condition. Conveniently located near major freeways and public transportation, this is a rare opportunity to own in a high-demand area of Glendale, known for its strong rental market, safe neighborhoods, and vibrant community.
Location
State CA
County Los Angeles
Interior
Laundry Common Area
Building
Lot Description Back Yard, Front Yard
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