724 N Howard Street

Glendale, CA 91206

***Please Contact Us For An OM***Assumable loan of $1,250,000 at 3.83% interest only for four years and fixed for six years. Fantastic opportunity to own a six-unit building in the highly desirable Glendale area located in an exceptional neighborhood, with an 81 Walk Score and easy access to the Americana at Brand, Griffith Park, Adventist Health, Glendale Plaza, and Glendale Fashion Center. The property is not subject to LA City rent control and features an attractive assumable loan of approximately $1,250,000 at a fixed rate of 3.83% with interest-only payments until March 2027 and maturing on approximately March 2029. In addition to the attractive financing, the property also has significant growth potential. By adding an ADU in the tuck-under parking, the buyer may potentially convert the 6 units to 7 units (*see photo rendering), subject to buyer's own confirmation of feasibility. The property has 45% upside in rents and an estimated 18% average annual return potential if the buyer turns 4 units during a 5-year time period.Please contact us for further information.

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