Active
121 Maynard Street
Glendale CA, 91205
$9,000,000
$1,145.62 per sqft
Active
7,856 sqft
Commercial
Built in 1954
Listed by Sevak Keshishian with Marcus & Millichap 818-212-2694
SOLD AS A PORTFOLIO WITH 1502 E BROADWAY. We are pleased to present The MayBro Apartments, a thirty two-unit multifamily investment opportunity located in the Citrus Grove neighborhood of Glendale. Offered for sale for the first time in nearly 20 years, 121 Maynard St. and 1502 E. Broadway provide an investor with the opportunity to acquire two sixteen-unit apartment buildings on separate parcels with over 26% in rental upside. The portfolio currently has two vacant units. Constructed in 1954, both properties are comprised of sixteen one bedroom/one-bathroom units. The average unit sizes at both properties are almost 500 square feet, and most units have been renovated during ownership. Each property has its own on-site laundry room, and all units are separately metered for gas and electricity and have individual hot water heaters. 1502 E. Broadway provides tenants with twenty parking spaces and 121 Maynard St. provides tenants with twelve parking spaces and twelve storage units. There is also an additional owner's storage shed at the rear of 121 Maynard St. Both properties are zoned for R2250.
24469257
MLSⓇ ID
October 31, 2024
Listed
December 4, 2024
Updated
Map
121 Maynard Street
Glendale CA, 91205
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.36 Acres
Other Property Details
Area Name
628 - Glendale-South of 134 Fwy
Days on Market
34
Garage
No
Parking Total
12
View
No
County
Los Angeles
Pool
No
Zoning
R2250
Listing Contact: 818-212-2700
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/4/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/4/2024 at 11:33 PM UTC