1502 E Broadway, Glendale, CA 91205
1502 E Broadway, Glendale, CA 91205
1502 E Broadway, Glendale, CA 91205
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$7,500,000
Est. payment /mo
7,598 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 7,598 sqft

Price per Sqft $987

MLS Listing ID CL26650957

HOA Y/N No

Year Built 1954

Lot Size 0.351 Acres

Acres 0.35

Property Sub-Type Comm Ind For Sale

Property Description

SOLD AS A PORTFOLIO WITH 121 MAYNARD ST. 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 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. Situated south of E. Broadway, north of Colorado Blvd., and west of S. Verdugo Rd., The MayBro Apartment Portfolio are conveniently located the on-ramp to the 134 and 2 freeways, offering commuters ease of access to North Glendale, San Gabriel Vall

Location

State CA

County Los Angeles

Zoning R225

Interior

Fireplace No

Exterior

Total Parking Spaces 20

Building

New Construction No

Others

Tax ID 5680025011


Read Less Info
Bridge MLS
Listed by Sevak Keshishian • Marcus & Millichap

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Full Name
Phone*
Message

Go tour this home

1502 E Broadway