7
See all 7 photos
$2,200,000
Est. payment /mo
8 Beds
8 Baths
6,359 SqFt
Pending
1134 E Doran ST Glendale, CA 91206
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Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 6,359 sqft
Price per Sqft $345
MLS Listing ID 25506161
Bedrooms 8
HOA Y/N No
Year Built 1971
Lot Size 7,522 Sqft
Property Description
We are pleased to present 1134 E Doran St, a 8 unit apartment building located in Glendale, a neighborhood in the San Fernando Valley. Built in 1971, the property consists of (7) two-bedroom + one-bathroom units and (1) three-bedroom + one-bathroom unit. The building is 6,359 gross square feet and sits on a 7,524 square foot lot.1134 E Doran St is located on a charming, tree-lined street in Glendale. There is no shortage of activities to explore in the area. From shopping at the Burbank Town Center or Glendale Galleria to exploring Griffith Park and Stough Canyon, just a few miles away. Glendale lies at the eastern end of the San Fernando Valley, the location provides convenient access to the 134 and 5 freeways, further extending the area's connectivity to the rest of Los Angeles.1134 E Doran St represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 4.79% with the ability to improve to a 7.22% CAP rate once units turnover.***Some of the units may have been converted to add an extra bedroom. Please contact listing agent for more details.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Zoning GLR4YY
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Covered
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5645006007
Special Listing Condition Standard
Listed by Michael Sterman • Marcus & Millichap