We are pleased to present 517 Vine Street. A 4 unit investment opportunity located in the non-rent control City of Glendale, CA. The building was built in 1928 and consists of 3,989 square feet of living space. This property features 4 - 2BR+1BA units, which include large living areas, formal dining rooms and separate utility areas with washer/dryer hookups. All units have been tastefully updated and all are individually metered for both gas and electricity. All of the units are spacious and well maintained & include a single car garage, 4 in Total. Incoming rents are as follows: 517 - $1855, 517 1/2 - $1795, 519 - VACANT, 519 1/2 - $1795. This building is performing at an attractive cap rate and still has potential for improvement as the median rent in the area is $2200!
We provide the highest level of sales expertise, exceptional service and experience to the Inglewood & South L.A. residential marketplace. The Lowery Group​ is the leading real estate team in Inglewood with over 20 years of combined experience and a team well versed in executing complex real estate transactions.
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