827 Mariposa Street Glendale, CA ^$ 3,850,000

827 Mariposa Street

^$ 3,850,000

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Recently Listed

827 Mariposa Street

Glendale, CA, 91205

^$ 3,850,000

Bedrooms20 Baths1.0 Sq 7,314

Monthly Estimate*

^$ 26,893

Listed by Keller Williams World Media Center

827 Mariposa Street, Glendale, CA 91205 - Image 1

Multi-Family Home for sale in Glendale, CA

for $3,850,000 with 20 bedrooms and 1 full bath. This 7,314 square foot home was built in 1927 on a lot size of 0.2328.

The offering represents the highest in-place-yielding apartments for sale currently in the city of Glendale* Owned and operated by the same family for over 2 decades, they have exerted extensive capital improvements throughout their tenure. The property consists of 2 story 1+1+Dens that are all functioning as as 2+1. All units have individual washer & dryer hookups and water heaters. Electrical is updated and the property is individually metered for gas & electricity. With an average in-place rent of $2,285, there is a significant loss to lease (11%+) Additionally, the incorporating of potential (2) 1+1 ADUs in th parking lot, can take a new buyer’s pro forma yield to 7.5%* Casa De Mariposa with a WalkScore of 91! is situated less than 1 mile to Americana at Brand and all of the robust shopping dining & entertainment along downtown Glendale. (*) buyer to verify. For the offering memorandum or any questions, call Greg Alexanian.

Multi-Family Active

Price

^$ 3,850,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.2328

Year Built

1927

Town/City

Glendale

County/Region

Los Angeles

MLS | Web ID

SR24080276

Days on Market

Features

General

Sewer PrivateSewer

Zoning GLR4YY

Garage Spaces 0.0

Pool Features None

Year Built 1927

Stories 2

Levels Two

Property SubType Apartment

Gross Income 22850.0

Community Features Biking

County Los Angeles

Net Operating Income 203756.0

Operating Expense 64960.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Parallel with Glendale Ave

City Glendale

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 10

MLS Area 628 - Glendale-South of 134 Fwy

Lot Size Square Feet 10139.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Mariposa

Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 9

Property Sub Type Additional Apartment

Exterior

Lot Features Item610UnitsAcre

Water Source Private

Total Parking 0.0

Lot Size Area 10139.0

Number of Buildings 4

Spa N

Building Area Total 7314.0

Lot Size Acres 0.2328

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 11

Number of Separate Electric Meters 11

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features WasherHookup GasDryerHookup

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 827

* Excluded Features

List By

Keller Williams World Media Center

Broker

(818) 239-1206

Phone

Affordability Calculator

$26,893

Per Month

Monthly Principal & Interest: $26,893
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Glendale, CA

Average List Price ^$3,732,482

Percent of Sale Price 3%

About Glendale, CA

199,017 Population

2% Since 2002

^$61,015 Median Income

42.24 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/22/2024	$3,850,000		Listed Price

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827 Mariposa Street, Glendale, CA, 91205 is a Multi-Family Home for sale at $3,850,000 with 7,314 sqft and a lot size of 0.2328. 827 Mariposa Street has 20 bedrooms, 1.0 baths, and was built in 1927. The property's zip code is 91205 which is in Glendale, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/2024. 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.

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827 Mariposa Street

Multi-Family Home for sale in Glendale, CA

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