CA > Glendale
Glendale, CA 91205,1241 Boynton ST
Glendale, CA 91205,1241 Boynton ST
Glendale, CA 91205,1241 Boynton ST
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Diego Magdaleno

Diego Magdaleno

+1(714) 676-7271
$6,975,000
Est. payment /mo
32 Beds
28 Baths
18,732 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 18,732 sqft

Price per Sqft $372

MLS Listing ID 25583099

Bedrooms 32

HOA Y/N No

Year Built 1959

Lot Size 0.617 Acres

Property Description

This offering provides investors with a rare opportunity to secure a rather substantial footprint within Glendale, as only six properties of this size have sold within the city over the past three years. Due to the fact that the property subject to AB 1482, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. The property benefits from its proximity to the high-end shopping and dining destinations nearby -- notably the Americana at Brand and the Glendale Galleria -- while providing tenants with a more peaceful and serene atmosphere near the Adams Hill neighborhood, removed from the densely urban neighborhood in Downtown Glendale. Residents also enjoy access to the nearby boutiques, coffee shops, and restaurants in historic Adams Square, just blocks from the property.

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLR4YY

Interior

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 33

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5676026011

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Roderick 'Rick' Raymundo Marcus & Millichap
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1241 Boynton ST

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