FOR SALE
427 E Acacia Ave
Glendale, CA 91205
Mariposa
12 Beds
6 Baths
4,618 sqft
- 12 Beds
- 6 Baths
- 4,618 sqft
12 Beds
6 Baths
4,618 sqft
Local Information
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Commute Destination
Description
Presented alongside the neighboring 421 E Acacia Avenue building, the two properties are available either individually or as a portfolio. The entire building consists of two bedroom apartments with rents ranging from $2,025 to $2,075, while similar properties are achieving rents above $2,700. A new investor may be able to capture the approximately 27% rent upside more rapidly as the property is granted higher allowable rent increases via AB 1482, when compared to other assets subject to Los Angeles rent control. The buildings are surrounded by attractive shopping and dining options. Mere blocks east, tenants can enjoy boutiques, coffeeshops, and restaurants in historic Adams Square. Several retailers and restaurants line both Glendale Avenue and Brand Boulevard, both major streets being within two blocks of the property. Less than one mile north are both the upscale Americana at Brand shopping center and the recently remodeled Glendale Galleria shopping mall.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$462
Listed
46 days ago
Home Details for 427 E Acacia Ave
Interior Features |
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Beds & Baths Number of Bedrooms: 12Number of Bathrooms: 6 |
Dimensions and Layout Living Area: 4618 Square Feet |
Heating & Cooling Heating: OtherHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
Exterior Features |
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Exterior Home Features Other Structures: None |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Assigned |
Days on Market |
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Days on Market: 46 |
Property Information |
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Year Built Year Built: 1959 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Price & Status |
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Price List Price: $2,135,000Price Per Sqft: $462 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Glendale |
Agent Information |
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Listing Agent Listing ID: 24-366387 |
Building |
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Building Area Building Area: 4618 Square Feet |
Lot Information |
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Lot Area: 6856.344 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
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Buyer Agency Commission: 2.25Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 24-366387Listing Url |
Last check for updates: about 24 hours ago
Listing courtesy of Roderick 'Rick' Raymundo DRE # 01357019, (818) 219-6146
Marcus & Millichap, (818) 212-2700
Source: CLAW, MLS#24-366387
Price History for 427 E Acacia Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 03/11/2024 | $2,135,000 | Listed For Sale | CLAW #24-366387 |
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Comparable Sales for 427 E Acacia Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.20 | Multi-Family Home | $1,750,000 | 06/09/23 | 10 | 5 | 3,971 | |
0.37 | Multi-Family Home | $1,507,000 | 01/23/24 | 6 | 5 | 3,438 | |
0.40 | Multi-Family Home | $1,800,000 | 10/26/23 | 6 | 6 | 3,488 | |
0.10 | Multi-Family Home | $1,375,000 | 08/02/23 | 5 | 5 | 1,938 | |
0.51 | Multi-Family Home | $1,150,000 | 06/08/23 | 12 | 12 | 6,951 | |
0.66 | Multi-Family Home | $2,000,000 | 11/29/23 | 14 | 8 | 5,428 | |
0.41 | Multi-Family Home | $1,650,000 | 10/17/23 | 6 | 4 | 2,840 | |
0.71 | Multi-Family Home | $1,919,000 | 06/05/23 | 6 | 6 | 3,081 | |
0.30 | Multi-Family Home | $4,375,000 | 11/29/23 | 22 | 20 | 9,580 | |
0.16 | Multi-Family Home | $1,150,000 | 01/26/24 | 4 | 2 | 2,220 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Mariposa
- Trulia User
- Prev. Resident
- 3mo ago
"Good I like animals especially dogs, for me most importan is humanity, I have 2 daughters and they love to play with them "
- Trulia User
- Resident
- 2y ago
"Great city to live in. Safe to walk. Everything is close by. Parks, freeway, restaurants, grocery stores, gas stations, coffee shops. "
- Csting777
- Resident
- 3y ago
"I am unaware of any community events. This neighborhood is nicely setup for walking around. Several mini-parks in the area, along with a short distance to shops & eateries. "
- Csting777
- Resident
- 3y ago
"This is a fairly quiet neighborhood throughout which are peppered a number of small and moderately sized parks."
- Crecin
- Resident
- 4y ago
"More traffic and congestion than before. Lots of construction and very limited parking on residential streets"
- DY
- Resident
- 4y ago
"It’s conveniently located to shops, schools, and highways. The area is fairly quiet and residential and neighbors are friendly. "
- Jose
- Resident
- 4y ago
"safe neiborgois safe walking. ssfe school.safe neirborhood.safe for my kids. and alsoy self.safe walking work. night time walking to work ."
- Arusyak B.
- Resident
- 4y ago
"Very dog friendly neighborhood. Dog owners need to put a little more effort in cleaning after themselves. Some areas are very clean. Some are poop infested. Be aware of coyotes. Keep your dog on leash for their safety. "
- Steph C
- Resident
- 4y ago
"Not the most family friendly, lots of apartments. The people aren’t the greatest. Definitely the uglier side of Glendale "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Roderick 'Rick' Raymundo, Marcus & Millichap
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.