$5,800,000

We are pleased to present 1345-1355 Hilda Avenue Apartments, a well-maintained property portfolio in a great Glendale location. Collectively the property is comprised of sixteen (16) units and one (1) Non-Conforming Studio in the highly sought-after upscale residential area of Somerset. The building features a favorable unit mix consisting of (14) 2 bed/ 1 bath, (1) 2 bed/ 1.5 bath, and (1) 3 bed + 2 bath units. The 3 bed + 2 bath unit has been completely renovated, accompanied with central heat/air-conditioning, new stainless-steel appliances, new flooring, beautiful cabinetry, walk-in closets, fireplace, and quartz counter tops. The building features a community pool, on-site laundry facility, and a combination of carports. The total size of the two buildings are 17,405 square feet and sit on 26,352 square feet that is GLR4YY zoned. 1345-1355 Hilda Avenue Apartments is located in the quiet, trendy neighborhood of Somerset, an area with tree-lined avenues and distant mountain-views. This location also features a Walk Score of 80 (very Walkable) as it is in close proximity to cafes, casual dining options, and local shops and services. Major attractions like Griffith Park, the Los Angeles Zoo, and the Hollywood Sign are less than 10 miles away. The location also provides residents with excellent accessibility to employment in surrounding areas such as Hollywood, Pasadena, and Burbank. The property is additionally located just blocks from the 2 and 134 freeways.