Off Market  

1165 Thompson Ave
Glendale, CA 91201

Bd   — Ba   21,145 Sqft
Prime North Glendale, 18 non rent controlled units north of Glenaoks Blvd. Over 15% upside in rents. Mostly remodeled units, solar roof panels almost eliminating common area elec. bills, gated subterranean parking, and quiet courtyard setting. Roof with Polyurethane coating, 12 year "no leak" guarantee. All windows sound proofing low "E". 15.1 GRM at market rents, 4.41% cap at market. The Thompson apartments offer an investor to take a foothold of hard to find mid sized asset in high demand, low vacancy Glendale. The owner has exerting countless capital improvements to the property offering high operational efficiency and ease of management. Can also be purchased with 6 other buildings in portfolio sale. WAS PART OF SEVEN (7) PROPERTY BULK SALE!!!
  • Neighborhood: Grandview
  • Days on Movoto: 257
  • Year Built: 1969
  • HOA:
  • $/Sqft: $307
  • Lot: 20,087 Sqft
  • Property Type: Single Family
  • MLS#: SR16062082
  • MLS:
  • Listing Office: Keller Williams World Media C
  • Listing Broker: Levon Alexanian
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Property History for 1165 Thompson Ave, Glendale

Status
Date
Price
Pending
Jun 3, 2016
Listed
Mar 24, 2016
$6,500,000
#SR16062082

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Built in 1969, this single family house at 1165 Thompson Ave, Glendale CA, 91201 is approximately 21,145 square feet and comes with 23 parking spots. It was last listed for $6,500,000 with a cost per Sqft of $307. 1165 Thompson Ave is located in the Grandview neighborhood in the Glendale Unified School District. The closest school is Balboa Elementary School.

1165 Thompson Ave, Glendale CA, 91201 was on the market for 257 days. The median days on the market for properties in this area is 41 with a median list price of $870,000 and median cost per square foot of $438. Its current status is removed under the MLS #SR16062082.

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