Description
Unique opportunity to own a premier 12-unit investment property in the heart of glendale! located in the highly desirable 91202 zip code of northwest glendale, this property is positioned north of glenoaks boulevard and within walking distance of local markets, coffee shops, and other amenities.
the property boasts a generous 7,424 square feet of living space and is situated on a large 14,691 square foot lot.
this well-maintained property features 10 one-bedroom, one-bath units and 2 two-bedroom, one-bath units. each unit has been updated and meticulously cared for by an experienced owner/manager, ensuring minimal upkeep for the future investor. the property includes 12 covered parking spaces with storage and a convenient community laundry room.
notable recent upgrades include full copper plumbing, a new asphalt driveway, four accessible sewer clean-outs, and a newer roof installed in 2017. these improvements enhance the property's value and provide peace of mind for prospective buyers.
with rents currently below market rates, this investment offers significant upside potential. whether you're an experienced investor or new to income properties, this opportunity provides numerous advantages, from stable cash flow to potential for rent increases in the future.
don’t miss this excellent opportunity to invest in one of glendale’s most sought-after neighborhoods!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48332518
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1953
- Building Area Total: 7,424
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.3373
- Lot Size Source: Assessor
- Lot Size Square Feet: 14691
-
Listing Information
Listing Price Information
- Original List Price: 3,995,000
- Listing Contract Date: 2025-01-13
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5633013007
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 626 - Glendale-Northwest
- Postal Code Plus 4: 1631
- Directions: Cross Street : W Loraine Street
- Zoning: GLR4YY
- Source Property Type: Residential Income
- Area: 626 - Glendale-Northwest
- Property SubType: Mixed Use
Building and Construction
- Property Age: 72
- Common Walls: 2+ Common Walls
- Property Condition: Updated/Remodeled,Turnkey
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 01/20/2025 @ 23:22
- MLS: GD25005830
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 7,424 sqft, 14,691 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 91202, this Los Angeles County Home are nearby neighborhoods.