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1320 N Columbus Avenue
Glendale, CA 91202
Asking Price
$5.25M
Cap Rate
4.63%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 4.63% CAP <ul><li>Meticulously maintained by current ownership for over 50 years</li><li>Approx. $150,000 in CapEx in the last 5 years</li><li>Fantastic unit mix</li><li>Rare Verdugo Viejo neighborhood opportunity</li><li>Seismic Retrofit not required in Glendale</li></ul>
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NOI
$80,000
Cap Rate
1.52%
DSCR
0.26
Underwater
Cash-on-Cash
-14.71%
Monthly Payment
$25,974.135
Annual Cash Flow
$-231,689.626
