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827 Mariposa St
For Sale $3,850,000
$3,850,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 10,139 Sq Ft
Description
The offering represents the highest in-place-yielding apartments for sale currently in the city of Glendale*
Owned and operated by the same family for over 2 decades, they have exerted extensive capital improvements throughout their tenure. The property consists of 2 story 1+1+Dens that are all functioning as as 2+1. All units have individual washer & dryer hookups and water heaters. Electrical is updated and the property is individually metered for gas & electricity.
With an average in-place rent of $2,285, there is a significant loss to lease (11%+) Additionally, the incorporating of potential (2) 1+1 ADUs in th parking lot, can take a new buyer’s pro forma yield to 7.5%*
Casa De Mariposa with a WalkScore of 91! is situated less than 1 mile to Americana at Brand and all of the robust shopping dining &
entertainment along downtown Glendale. (*) buyer to verify.
For the offering memorandum or any questions, call Greg Alexanian.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,850,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1927 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5675026012 |
| MLS # | SR24080276 |
| Property ID | 292794527 |
| Lot Sqft | 10,139 |
| Zoning | GLR4YY |
| Total Units | 10 |
| Days on Market | 607 |
| Original List Price | $3,850,000 |
| Date Updated | February 04, 2025 |
| Date Created | April 22, 2024 |
Listing Provided By
Levon Alexanian an agent of . Lic #00911091
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 04, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT