327 S Madison Way

Glendale, CA 91205

  • 16 Bed(s)
  • 0 Bath(s)
  • 11,305 Sqft
  • 10137
    Sqft(Lot)
$3,675,000

Description

Built in 1983, 327 s. madison 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 bright and spacious townhome averages approx. 1,413 sf, and tenants are responsible for paying the costs of gas, electric, and water. current ownership has invested $200,000+ in capital improvements, and have upgraded several of the units with wood laminate flooring, updated cabinetry/backsplash, stainless-steel appliances, and recessed lighting. in addition, this turnkey property features a new roof installed in 2019 and new decks in 2020. we are offering 372 s. madison at $325 per foot, the lowest ppsf compared to ales of similar properties in the area over the last 12 months. the property presents approx. 19% rental upside compared to market rents for renovated units in the area. at the list price, the property will stabilize at a 6.20% cap and 11.19 grm. this townhouse-style complex is located just east of glendale ave, the property is approx. 1.4 miles from the americana, glendale galleria, glendale fashion center, and an array of dining and entertainment options along brand blvd. in addition, 327 s. madison sits steps from a recently completed 96,000 sf media facility by east end studios.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47986331

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Property Details

  • Bedroom Information

    • Total Bedrooms : 16

    Bathroom Information

    • Total Baths: 20
    • Full Baths: 0
    • Half Baths: 0

    Interior Features

    • Property Appliances: Dishwasher,Disposal,Refrigerator,Dryer,Washer
    • Flooring: Tile

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

  • Building Information

    • Year Built: 1983
    • Building Area Total: 11,305

    Security Features

    • Gated Community

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2327
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 10137

  • Listing Price Information

    • Original List Price: 3,675,000
    • Listing Contract Date: 2024-12-10

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5677001002

  • Garage and Parking

    • Garage Description: Door-Multi,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 628 - Glendale-South of 134 Fwy
    • Directions: Located just east S. Glendale Ave and Los Feliz Rd, 327 Madison is approx. 1.4 miles from The Americana and approx. 1.2 miles from the heart of Atwater Village.
    • Zoning: GLR3*
    • Source Property Type: Residential Income
    • Area: 628 - Glendale-South of 134 Fwy

    Building and Construction

    • Property Age: 41
    • Property Condition: Updated/Remodeled
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 11305
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 12/21/2024 @ 22:26

  • MLS: 24471043
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 16 bedrooms which is for sale, it has 11,305 sqft, 10,137 sized lot, and 8 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Glendale , in zip code 91205, this Los Angeles County Home are nearby neighborhoods.