121 Maynard Street, Glendale, CA, US, 91205
121 Maynard Street, Glendale, CA, US, 91205Basics
- Date added: Added 4 days ago
- Category: CommercialSale
- Status: Active
- Bathrooms: 0
- Floors: 2
- Lot size: 15792, 15792 sq ft
- Year built: 1954
- Zoning: R2250
- County: Los Angeles
- MLS ID: 24469257
Description
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Description:
SOLD AS A PORTFOLIO WITH 1502 E BROADWAY. We are pleased to present The MayBro Apartments, 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 26% in rental upside. The portfolio currently has two vacant units. 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 twenty parking spaces and 121 Maynard St. provides tenants with twelve parking spaces and twelve storage units. There is also an additional owner's storage shed at the rear of 121 Maynard St. Both properties are zoned for R2250.
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Location
- Directions: 134 East, Exit 9B for Harvey, Turn Right onto Harvey Dr., Turn Left on Maynard, Destination on Left
- Lot Size Acres: 0.3625 acres
Building Details
- Number Of Buildings: 1
Amenities & Features
- Parking Total: 12
Expenses, Fees & Taxes
- Association Fee: 0
Miscellaneous
- List Office Name: Marcus & Millichap