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    919 E Acacia Ave

    Glendale, CA 91205
    • $4,650,000
    • STATUS: Active
    • ON SITE: 83 days
    • ID#: 21-684000
    UPDATED: 14 min ago
    $4,650,000
    • 22
      BEDS
    • 0.4
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,130
      SQFT
    • $307
      $/SQFT
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    PUBLIC NOTICE OF SALEON TUESDAY, APRIL 27, 2021 AT 2:00 PM AT THE GLENDALE COURTHOUSE, 600 EAST BROADWAY, GLENDALE, CA 91206, THE PROPERTY LOCATED AT 919 E. ACACIA AVENUE, GLENDALE CA 91205. Assessor's Parcel Numbers(s): 5675-030-025WILL BE SOLD BY WAY OF A COURT CONFIRMATION AND OVERBID HEARING. THE OPENING BID WILL BE $4,800,000 AND BIDDERS: (1) MUST BE PREQUALIFIED AND PRESENT AT THE HEARING; (2) PROVIDE A SIGNED VERSION OF THE RRULES FOR CONFIRMATION AND OVERBID HEARING; (3) PROVIDE PROOF OF FUNDS AS TO THE BIDDERS HIGHEST BID AMOUNT; (4) PROVIDE A CASHIERS CHECK IN THE AMOUNT OF $141,000 AS A DEPOSIT TO BID. ALL BIDDERS THAT ARE NOT THE WINNING BIDDER WILL RECEIVE THEIR $141,000 DEPOSIT BACK AT THE END OF THE HEARING. PRE-QUALIFIED BIDDERS WILL ONLY APPEAR VIA LA COURTCONNECT ARRANGED THROUGH THE COURT REFEREE. Twenty (20) unit apartment building located Glendale. Built in 1962, the subject property features 15,130 Sq.Ft. with a unit mix of (18) 1 bed + 1 bath units and (2) 2 bed + 1 bath units. Onsite parking (18 tuck under spaces), pool, and an a coin operated laundry facility. Value add opportunity. Approx. 50% of the units have electric appliances, remaining units have gas appliances. Individual hot water heaters.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-16T09:42:36.79. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.corrieluxuryhomes.com/homes/113569810
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    919 E Acacia Ave Glendale, CA 91205

    • Price: $4,650,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: 21-684000
    22
    Beds
    0
    Baths
    0
    ½ Baths
    0.4
    Acres
    15,130
    SQFT
    $307
    $/SQFT
    1962
    Built
    Neighborhood:
    Glendale-South Of 134 Fwy
    County:
    Los Angeles
    Area:
    Glendale-South Of 134 Fwy
    Property Description
    PUBLIC NOTICE OF SALEON TUESDAY, APRIL 27, 2021 AT 2:00 PM AT THE GLENDALE COURTHOUSE, 600 EAST BROADWAY, GLENDALE, CA 91206, THE PROPERTY LOCATED AT 919 E. ACACIA AVENUE, GLENDALE CA 91205. Assessor's Parcel Numbers(s): 5675-030-025WILL BE SOLD BY WAY OF A COURT CONFIRMATION AND OVERBID HEARING. THE OPENING BID WILL BE $4,800,000 AND BIDDERS: (1) MUST BE PREQUALIFIED AND PRESENT AT THE HEARING; (2) PROVIDE A SIGNED VERSION OF THE RRULES FOR CONFIRMATION AND OVERBID HEARING; (3) PROVIDE PROOF OF FUNDS AS TO THE BIDDERS HIGHEST BID AMOUNT; (4) PROVIDE A CASHIERS CHECK IN THE AMOUNT OF $141,000 AS A DEPOSIT TO BID. ALL BIDDERS THAT ARE NOT THE WINNING BIDDER WILL RECEIVE THEIR $141,000 DEPOSIT BACK AT THE END OF THE HEARING. PRE-QUALIFIED BIDDERS WILL ONLY APPEAR VIA LA COURTCONNECT ARRANGED THROUGH THE COURT REFEREE. Twenty (20) unit apartment building located Glendale. Built in 1962, the subject property features 15,130 Sq.Ft. with a unit mix of (18) 1 bed + 1 bath units and (2) 2 bed + 1 bath units. Onsite parking (18 tuck under spaces), pool, and an a coin operated laundry facility. Value add opportunity. Approx. 50% of the units have electric appliances, remaining units have gas appliances. Individual hot water heaters.
    Exterior Features

    Lot Size Area 17482 Other Structures None Parking Garage Carport Attached Total Parking 18

    Interior Features

    Baths Total 20.00 Common Walls Attached Cooling Wall/Window Equipment Range/Oven Heating Other

    Property Features

    Assessed Total Value 2019193 Gross Income 325788 Gross Operating Income 321752 Like Units1 18 Like Units2 2 Net Operating Income 201403.00 Number Of Buildings 2 Number Of Units 20 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 120349 Type Of Units Apartment Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning R1650

    Listing provided courtesy of Anubhav Kawatra DRE#01881930 of Anubhav Kawatra.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-04-16T09:42:36.79. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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