Wonderful opportunity for an owner-user or investor to acquire a well maintained multi-family income property in the
Grandview neighborhood of Glendale; the property is comprised of one (1) three (3) bedroom, one and one quarter (1.25)
bathrooms single family residence and four (4) one (1) bedroom, one (1) bathroom units; the single family residence is
currently vacant and has a newer full bathroom and kitchen; one (1) of the one (1) bedroom, one (1) bathroom units has a
newer kitchen; the house was constructed in 1923 and the additional four (4) one (1) bedroom units were built in 1960; the
electrical in the house has been replaced and the four (4) one (1) bedroom units are on circuit breakers; almost all windows
replaced on the house; entire property is copper plumbed; sewer line for both structures replaced to the street; central air
conditioning in the house; wall heating and through-the-wall air conditioning for the four (4) one (1) bedroom units; the
house has its own water heater; a central hot water heater serves the four (4) one (1) bedroom units; all units are
separately metered for gas and electricity; parking is four (4) spaces in two (2) two (2) car, closed garages off the alley; soft
story retrofit completed; laundry facility on site; generous upside in rents; located just south of Glenoaks Boulevard and
east of Alameda Avenue near Downtown Burbank; less than 1/3 of a mile to Trader Joe’s and Walgreens; owner will consider carrying paper with a minimum of 1/3 down payment, terms to be negotiated