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AAOA Member Featured Investment Opportunity

Glendale, CA Gated Community

This gated community provides underground parking, solar panels resulting in zero electric bills, and recently replaced roof and AC units. Walking distance to Downtown Burbank, this great location provides the highest allowable rent increases to its mostly 2 bedroom units.

  • $8,100,000
  • 20 units, 3.82% Cap Rate
  • No local rent control
  • Solar Powered – receive credits from electric company
  • Underground parking – 32 spaces
  • Recently replaced roof & AC units
  • Excellent mix with mostly 2 bedroom units

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