5227 Eagle Dale Avenue, Los Angeles, CA 90041
List Price: $2.7M
Listing Status: Active
0Days on Market: 37
15 Bedrooms · 12 Bathrooms · 6,491 sq ft
Property Type: ResidentialIncome
Year Built: 1989
Lot Size: 8,875 sq ft
MLS Number: 26668933
About This Property
6.2 cap + 12.49 GRM + non rent control + assumable $1.235M loan at 3.9% (principle & interest approx $6250/mo, Buyer to verify). NOT RSO not rent control (Rent Stabilization Ordinance) built in 1989. End owner's 3 bed 3 bath unit is vacant & ready for the new owner to occupy or rent. Real gross income with the vacant owner's unit rented and laundry income is at 6.2 cap at $216,124 today. October 2026 rent increases could see $219,192 income. Upside is to $238,029 income. Located on the Glendale border with easy freeway access, restaurants, and shops is this well maintained 5 unit apartment building. Each unit is large 3 bedrooms. 2 parking spaces for each unit. End unit has a fenced rear backyard. Tenants pay for their own water, electricity, and gas. Photos of vacant end unit.
Listing provided by: Aram Gaboudian DRE #01493911 213-797-7000 aramrealestate@gmail.com, Keller Williams Los Angeles
Source: CRMLS, MLS #: 26668933
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.