Description
Glendale - 5 units - fixer - cash or hard money only. incredible opportunity, amazing price for a real five unit building. fix and save. prime glendale adams hill/adams square multi unit fixer. huge upside potential!! first time on the market in 25+ years. under market rents – tremendous possibilities. zoned glr4yy. five units total plus a converted garage studio. breakdown is as follows: one - 3 bedroom/2 bath front house (vacant). one - 1 bedroom/1 bath unit (leased). three separate studio units (two on month to month and one gutted/vacant), plus a converted garage studio (will be delivered vacant after coe). one of the studio units is vacant and gutted, and ready to be renovated. newly updated 1 bed/1 bath unit - just redone (see new pics). lots of room for improvement. three total structures on the lot. please do not disturb tenants or go on property. front house built in 1912 - middle units built in the 1950's with a brand new roof installed on building 2 - with the stand alone unit built in 1960's. do not miss your chance!! active rents at this time are approximately $3787 total per month but this does not include newly vacant front house (which will easily double incoming rents), plus detached studio. cash/hard money or very strong downpayment only as this is will require a commercial loan because it is 5 units.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48137408
Sell a home like this and save $74,441 Find Out How
Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
-
Exterior Features
Building Information
- Year Built: 1912
- Building Area Total: 2,958
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1733
- Lot Size Source: Assessor
- Lot Size Square Feet: 7550
-
Listing Information
Listing Price Information
- Original List Price: 1,249,000
- Listing Contract Date: 2024-12-06
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5676029011
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Water
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood: 628 - Glendale-South of 134 Fwy
- Postal Code Plus 4: 5600
- Directions: Mariposa between Palmer and Cypress
- Zoning: GLR4YY
- Source Property Type: Residential Income
- Area: 628 - Glendale-South of 134 Fwy
- Property SubType: Apartment
Building and Construction
- Property Age: 112
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
Statistics Bottom Ads 2
Sidebar Ads 1
Learn More about this Property
Sidebar Ads 2
Sidebar Ads 2
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
BuyOwner last updated this listing 12/21/2024 @ 22:11
- MLS: BB24244859
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 2,958 sqft, 7,550 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Glendale , in zip code 91205, this Los Angeles County Home are nearby neighborhoods.