Sale is a part of a 2 property portfolio with 121 Maynard: Marcus & Millichap is pleased to present The MayBro Apartment Portfolio, 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.… Read More 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. Read Less
Courtesy of Marcus & Millichap 818-212-2700
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
16
Square Ft.
7,598
Lot Size
0.35 Acres
Year Built
1954
MLS Number
26661257
30 Days Snapshot Of 91205
$1.30M
-26%
(avg) sold price
2
+100%
homes sold
36
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Range/Oven
Building
7,598 sq ft, Built in 1954, Levels: Two
Cooling
Wall/Window
Disclosures
None
Garage
Uncovered
Heating
Wall
Lot
LotAcreage: 0.3514, LotSizeArea: 15,305
Parking
TotalParking: 20
Property
NumberOfUnits: 16, Zoning: R2250
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