712 W DORAN (7 UNITS-2 VACANCY) | 712 W Doran St
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712 W DORAN (7 UNITS-2 VACANCY) 712 W Doran St
7 Unit Apartment Building $2,295,000 ($327,857/Unit) 4.87% Cap Rate Glendale, CA 91203
Investment Highlights
- NEW ROOF 2023
- LARGE 1 BED- 1 BATH VACANCY PRIVATE OVER GARAGE
Executive Summary
2 VACANCIES WITH PRICE DROP! 7 UNIT- MULTI UNIT IN PRIME GLENDALE! (1st Vacancy- Largest 1 Bed 1 Bath Private Unit above the garage with split system HVAC , 2nd Vacancy- 2 Bed/1 Bath). First time on the market in 38 years! New Roof installed in 2023, and Water Heater was replaced in the end of 2021. Property consists of (3) 1 Bed/1 Bath, (3) 2 Bed/1 Bath and (1) 2 Bed/ 1.5 Bath Townhouse. All units separately metered for Electricity and Gas plus an 8th meter for the common areas. Owners also have a private storage area in the rear to store tools and materials.
Property Facts
| Price | $2,295,000 | Property Subtype | Apartment |
| Price Per Unit | $327,857 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4.87% | Lot Size | 0.17 AC |
| Gross Rent Multiplier | 13.55 | Building Size | 5,929 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Price | $2,295,000 |
| Price Per Unit | $327,857 |
| Sale Type | Investment |
| Cap Rate | 4.87% |
| Gross Rent Multiplier | 13.55 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,929 SF |
| No. Stories | 2 |
| Year Built | 1962 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Pantry
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 3 | - | - |
| 2+1.5 | 1 | - | - |
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Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 5638-010-023 | Improvements Assessment | $603,544 |
| Land Assessment | $687,156 | Total Assessment | $1,290,700 |
PROPERTY TAXES
Parcel Number
5638-010-023
Land Assessment
$687,156
Improvements Assessment
$603,544
Total Assessment
$1,290,700
zoning
| Zoning Code | GLR4YY (Five Or More Units Or Apartments) |
| GLR4YY (Five Or More Units Or Apartments) |
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Presented by
Windfall Realty Group
712 W DORAN (7 UNITS-2 VACANCY) | 712 W Doran St
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