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212 Campus Street, Glendale, CA 91205$3,000,000

--
bed
12
baths
3185
ft2
· 11908
ft2 lot
$942 / ft2

Listing provided courtesy of Raj Sharma, Real Estate Concierge by MegaZ
Source CRMLS;
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Just Reduced. A great investment opportunity with an upside in rental income potential. 12 Studio (450 Sq. Ft. Each) Units located in prime Glendale. Well-maintained property, requiring low maintenance and upkeep. Glendale is one of the most desirable cities for investments. All units are studios with light and bright with large luminous windows and sleek wood laminate floors. In addition to the numerous upgrades, the 12-year-old roof. Amenities include 8 parking spaces, AC and Heating in every unit, and an in-building laundry machine that makes for easy living. Great location close to Glendale High School and Community College, close to shopping, delicious restaurants, and nightlife, and just a short commute to the renowned Glendale Galleria and the Americana. Situated conveniently to the 134 & 5 freeways for easy commute times. Don't miss out on this great investment opportunity in desirable Glendale, call today for more information! The seller is doing a 1031 exchange, at no cost to the buyer.

HOA

No HOA

On market

3 months

Year built

1925

Property type

Multi-Family

Parking

10

MLS

22168225

Price / Sq.Ft.

$942 / ft2

Status

Active

Buyer’s Brokerage Commission

2%

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Home details for 212 Campus Street

Interior Features & Layout
Appliances
•   
Laundry Details: Community
•   
Appliances: Disposal, Refrigerator, Gas Range
•   
Has Appliances
•   
Laundry: 1
Interior Features
•   
Interior Features: Ceiling Fan(s)
Flooring
•   
Flooring: Laminate
Interior Size
•   
Building Area Total: 3185.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Carport, Garage - Two Door
•   
Garage Spaces: 2.00
•   
Carport Spaces: 8.00
Building Info
•   
Zoning: GLR4YY
•   
Stories Total: 2
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 12
Lot Info
•   
Lot Size Acres: 0.2734
•   
Lot Size Area: 11908.0000
•   
Lot Size Units: Square Feet
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 12
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 0.00
•   
Water Sewer Expense: 18000.00
•   
Vacancy Allowance Rate: 0.00
•   
Maintenance Expense: 10000.00
•   
New Taxes Expense: 9274.00
•   
Insurance Expense: 2646.00
•   
Total Expenses: 44400.00
•   
Gardener Expense: 1480.00
•   
Gross Multiplier: 0.00
•   
Taxes Percent: 1.25
Tax/Assessment Info
•   
Gross Income: 186000.00
•   
Tax Year: 2021
•   
Taxes: 9274.17
Lease Info
•   
Net Operating Income: 141600.00
Listing Info
•   
Status: Active
Multi Unit Information
Unit 10 Information
•   
Unit 10 Bathrooms: 1
•   
Unit 10 Actual Rent: 1200.00
•   
Unit 10 Total Units: 10
•   
Unit 10 Total Rent: 1200.00
•   
Unit 10 Furnished Units: Unfurnished
Unit 7 Information
•   
Unit 7 Bathrooms: 1
•   
Unit 7 Actual Rent: 1200.00
•   
Unit 7 Total Units: 7
•   
Unit 7 Total Rent: 1200.00
•   
Unit 7 Furnished Units: Unfurnished
Unit 2 Information
•   
Unit 2 Actual Rent: 1458.00
•   
Unit 2 Total Units: 2
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 1458.00
Unit 3 Information
•   
Unit 3 Actual Rent: 1210.00
•   
Unit 3 Total Units: 3
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1210.00
Unit 8 Information
•   
Unit 8 Bathrooms: 1
•   
Unit 8 Actual Rent: 1350.00
•   
Unit 8 Total Units: 8
•   
Unit 8 Total Rent: 1350.00
•   
Unit 8 Furnished Units: Unfurnished
Unit 11 Information
•   
Unit 11 Bathrooms: 1
•   
Unit 11 Actual Rent: 1350.00
•   
Unit 11 Total Units: 11
•   
Unit 11 Total Rent: 1350.00
•   
Unit 11 Furnished Units: Unfurnished
Unit 9 Information
•   
Unit 9 Bathrooms: 1
•   
Unit 9 Actual Rent: 1194.00
•   
Unit 9 Total Units: 9
•   
Unit 9 Total Rent: 1194.00
•   
Unit 9 Furnished Units: Unfurnished
Unit 12 Information
•   
Unit 12 Bathrooms: 1
•   
Unit 12 Actual Rent: 1200.00
•   
Unit 12 Total Units: 12
•   
Unit 12 Total Rent: 1200.00
•   
Unit 12 Furnished Units: Unfurnished
Unit 4 Information
•   
Unit 4 Actual Rent: 1090.00
•   
Unit 4 Total Units: 4
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1090.00
•   
Unit 4 Bathrooms: 1
Unit 5 Information
•   
Unit 5 Actual Rent: 1300.00
•   
Unit 5 Total Units: 5
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 1300.00
•   
Unit 5 Bathrooms: 1
Multi Unit Information
•   
# Of Units: 13
•   
Number Of Units Leased: 12
Unit 6 Information
•   
Unit 6 Actual Rent: 1250.00
•   
Unit 6 Total Units: 6
•   
Unit 6 Total Rent: 1250.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Bathrooms: 1
Unit 1 Information
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1450.00
•   
Unit 1 Total Rent: 1450.00
School Neighborhood & Directions
School Info
•   
Directions: Cross st. Orange Grove Ave
Other
Calculation
•   
Dom: 68

Neighborhood snapshot

10
Properties for sale
23
Median days on market
$564.66
Median sold price/sqft
103.52%
Sold/List %
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Property History for 212 Campus Street

06/28/2022
06/28/2022
CRMLS #22168225
active
CRMLS #22168225
$3,000,000
--14.29%
06/16/2022
06/16/2022
CRMLS #22168225
active
CRMLS #22168225
$3,500,000

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