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4 Units few blocks from Montrose Village

$1,725,000

3644 Stancrest Drive, Glendale, CA 91208

Active
Last Updated: 09/20/2024

5.03

Cap Rate

3,029 sqft

Building Size

Details:
Cap Rate:    5.03%
Building Size:    3,029 sqft
Lot Area:    8,669 acres
Units:    4
Occupancy:    100%
Year Built:    1953
Description:

Discover the ideal investment opportunity in the heart of this vibrant community, minutes from Montrose Village. This meticulously maintained 4-unit complex comprises a charming front unit featuring 2 bedrooms, 2 bathrooms, Central A/C, and a private yard which will be vacated by end of October.  The rear section hosts three additional units, originally 1 + 1, with one unit split into two studios (which may be reverted back to it's original state by removing a wall if desired). The property has 2- 2 Car garages that may have potential of converting into 2 ADUs (Seller has not verified. Buyer to investigate and check with city).  With building size of  ±3,029 SF on  ±8,669 SF lot located in award winning school district,  this property is a rare find for Owner User or Savvy investor.


Glendale address a few blocks from Montrose village.


Few blocks from Montrose Village

4 Units with Front House and 3 units in the back

Well maintainedFully OccupiedBlue Ribbon School District

Possibility of building 2 ADUs- Buyer to investigate

Map:
Documents:
Title
3644 Stancrest Dr_OM- UPDATED
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Location
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