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!
|
DAYS ON MARKET
|
2
|
LAST UPDATED
|
1/13/2025
|
|
YEAR BUILT
|
1953
|
COMMUNITY
|
Glendale-Northwest
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AREA |
Glendale-Northwest |
| GARAGE |
Assigned, Carport |
| HEAT |
Wall Furnace |
| HOA DUES |
0 |
| LOT |
0.34 acre(s) |
| LOT DESCRIPTION |
0-1 Unit/Acre |
| PARKING |
Assigned,Carport |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| WATER |
Public |
| ZONING |
GLR4YY |
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Listed with Team Rock Properties
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/14/25 2:38 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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