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712 W DORAN (7 UNITS-2 VACANCY) 712 W Doran St

7 Unit Block of Flats £1,797,673 (£256,810/Unit) 4.87% Net Initial Yield 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 £1,797,673
Price Per Unit £256,810
Sale Type Investment
Net Initial Yield 4.87%
Gross Rent Multiplier 13.55
No. Units 7
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 5,929 SF
Number of Floors 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 - -
Walk Score ®
Very Walkable (71)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5638-010-023
Land Assessment
£538,249
Improvements Assessment
£472,756
Total Assessment
£1,011,005

zoning

Zoning Code GLR4YY (Five Or More Units Or Apartments)
GLR4YY (Five Or More Units Or Apartments)
  • Listing ID: 32687834

  • Date on Market: 04/08/2024

  • Last Updated:

  • Address: 712 W Doran St, Glendale, CA 91203

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