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$ 3,995,000
Est. payment | /mo
7,424 SqFt
$ 3,995,000
Est. payment | /mo
7,424 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,424 sqft
Price per Sqft $538
MLS Listing ID CRGD25005830
HOA Y/N No
Year Built 1953
Lot Size 0.337 Acres
Acres 0.34
Property Sub-Type Other
Property 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 ex
Location
State CA
County Los Angeles
Zoning GLR4
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Other
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5633013007
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jerry Armen • Team Rock Properties
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Patrick Nagel
REALTOR® | Lic# 1760790