121 Maynard Street,Glendale, CA 91205
Glendale, CA 91205
Description
Sale is a part of a 2 property portfolio with 1502 Broadway: Marcus & Millichap is pleased to present The MayBro Apartment Portfolio, a thirty-two-unit multifamily investment opportunity located in the Citrus Grove neighborhood of Glendale. Offered for sale for the first time in nearly 20 years, 121 Maynard St. and 1502 E. Broadway provide an investor with the opportunity to acquire two sixteen-unit apartment buildings on separate parcels with over 15% in rental upside. Constructed in 1954, both properties are comprised of sixteen one-bedroom/one-bathroom units. The average unit sizes at both properties are almost 500 square feet, and most units have been renovated during ownership. Each property has its own on-site laundry room, and all units are separately metered for gas and electricity and have individual hot water heaters. 1502 E. Broadway provides tenants with 20 parking spaces and 121 Maynard St. provides tenants with 12 parking spaces and 12 storage units. There is also an additional owner's storage shed at the rear of 121 Maynard St. Both properties are zoned for R2250.
Details
| MLS # | 26661231 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1954 |
| Days On Site | 191 |
| Listing Provided By | Marcus & Millichap | Sevak Keshishian |
Features
| Bed(s) | 16 |
|---|---|
| Bath(s) | 16 |
| SQ Feet | 7,856 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 16 |
| Building(s) | 1 |
| Zoning | R2250 |
| Acreage | 0.36 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Refrigerator |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Detached Carport |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Glendale |
| Zip Code | 91205 |
| Area | 628 Glendale South of 134 Fwy |
| Listing VS Median (in 91205) | |
Price: $3,550,000 low | high Med: $404,000 sqft: 7,856 low | high Med: 718 $ / sqft: $452 low | high Med: $563 On site: 191 low | high Med: 79 | |
Market Activity 91205
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Glendale |
| Zip Code | 91205 |
| Area | 628 Glendale South of 134 Fwy |
| Listing VS Median (in 91205) | |
Price: $3,550,000 low | high Med: $404,000 sqft: 7,856 low | high Med: 718 $ / sqft: $452 low | high Med: $563 On site: 191 low | high Med: 79 | |
 | $7,500,000121 Maynard StreetGlendale, CA 91205 |
 | $3,550,0001502 E BroadwayGlendale, CA 91205 |
 | $7,500,0001502 E BroadwayGlendale, CA 91205 |