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Real Estate and Homes   USA   CA   Greater LA   Glendale   Single-Family Home   10+ BR -

327 S Madison Way | Glendale CA | 7244710081

Kenny Stevens

This listing was posted on RealtyWW.

$3,875,000

Home For Sale In Glendale, California

Price:
$3,875,000
BR/BA:
10+ BR, 10+ BA
Location:
327 S Madison Way, Glendale, CA
Description:

327 S. Madison Way is an 8-unit townhouse complex in Glendale (built in 1983) located down the street from the new East End Studios. This well-maintained property features (8) 2-bdrm. and 2.5-bath townhouse-style units with direct access to a private 2-car garage, central A/C, in-unit laundry, and a private patio. Each spacious townhome averages approx. 1, 281 SF, and tenants are responsible for paying the costs of gas, electricity, and water. Ownership upgraded several units including, wood laminate flooring, updated cabinetry, stainless steel appliances, and recessed lighting. This turnkey property is equipped with subterranean parking (no retrofitting required), copper plumbing, a new roof in 2019, and upgraded decks in 2020 (per ownership). 327 S. Madison is located 1.4 miles from The Americana at Brand, Glendale Galleria, Glendale Fashion Center, and an array of dining/entertainment amenities along Brand Blvd. Please note that the City of Glendale currently allows an 8.8% annual rental increase (5% + CPI). The property offers approx. 23% rental upside compared to renovated units in the area. The property will stabilize at 6.19% CAP and 11.32 GRM at the list price.For more details: https://realtyww.info/homes_glendale-d523985/for-sale_i70909965
Property Type:
Single-Family Houses
Sq feet:
281 sq. ft.
Amenities:
AC, Parking, Patio/Deck
Posted:
April 20 on RealtyWW
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More About this Listing: Home For Sale In Glendale, California
Home For Sale In Glendale, California is a 10+ BR 10 Bathroom, 10+ BA, 20 Bathroom Single-Family Homes for Sale at 327 S Madison Way in Glendale CA. Find other listings like Home For Sale In Glendale, California and listings near 327 S Madison Way by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 20 Bathroom Single-Family Homes for Sale in Glendale CA.