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122 S Cedar St, Glendale, CA 91205
$2,450,000
122 S Cedar St, Glendale, CA 91205View this property at 122 S Cedar St, Glendale, CA 91205
122 S Cedar StGlendaleCA91205
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Property Description
*PRICE REDUCED by $550,000! *Charming Value-Add Opportunity: Over $800/Unit Rental Upside *Once in a Lifetime Opportunity: Legacy Property Owned by the Family for Over 40 Years *Walking Distance to the Americana at Brand & Glendale Galleria: WalkScore 95 *Priced To Sell at $250,000 Per Unit *Market Cap: 6.7% *Landlord Friendly City: Glendale's 7% Rent Ordinance Allows Higher Rent Increases Than the City of LA; Up to 8.8% Per State Law AB1482 *Glendale Is a Pro-Business City: Boasts No Gross Receipts or Business License Taxes *Not Subject to Mansion Tax * See Agent Remarks for Property Website. Rents shown in the OM rent roll are averages.
Full Property Details
Full Property Details for 122 S Cedar St
General
- Sold For: $2,450,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-299037
- Added to Site: 300 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 12
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Room
Additional Information
- Other Features: Other
Parking
- Garage Description: Garage - 4+ Car, Garage Is Detached
Location
- Area: Glendale-South of 134 Fwy
- County: Los Angeles
- Driving Directions: On Cedar Street, near Broadway. South of the 134 Freeway. East of S Glendale Avenue.
Heating & Cooling
- Cooling Type: Wall/Window
- Heating Type: Floor, Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 8,280
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1929
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 12
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.1662
- Lot Size: 7241
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 50 x 150
- Zoning: GLR4YY
Financial Considerations
- Price Per Sq. Ft.: $362.32
- Assessment Year: 1929
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5674-010-007
Listed by Berkadia, Adrienne Barr
Sold by Non-Participant Office, Subscriber Non
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Schools
Schools serving 122 S Cedar St
School District:Glendale Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1201 E Broadway, Glendale, CA 91205 | K-5 | 0.3 mi | |
1221 Monterey Rd, Glendale, CA 91206 | 6-8 | 0.8 mi | |
1440 E Broadway, Glendale, CA 91205 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 122 S Cedar St
Date
Details
Price
Change
Source
12/07/2023
Sold
$2,450,000
-18.33%
MLS
9/20/2023
Price Reduced
$3,000,000
-15.49%
MLS
8/08/2023
Listed
$3,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
122 S Cedar St, Glendale, CA 91205 (MLS# 23-299037) is a Multi-Family property that was sold at $2,450,000 on December 07, 2023. Want to learn more about 122 S Cedar St? Do you have questions about finding other Multi-Family real estate for sale in Glendale? You can browse all Glendale real estate or contact a Coldwell Banker agent to request more information.