Request More Info
Schedule a Showing
Share
Print
|
We are pleased to present 517 Fischer Street, a nine-unit multifamily investment opportunity located in the Somerset neighborhood of East Glendale. This well-maintained asset will provide the next investor with the opportunity to capture approximately 26% in rental upside through an interior renovation program. The property also includes an occupied non-conforming studio unit that can be converted to an ADU as bonus income. Constructed in 1989, the asset comprises eight two-bedroom/two-bathroom units and one three-bedroom/two-bathroom unit spread across 8,756 square feet. All units have separate meters for gas and electricity, individual water heaters, mini-split HVAC units. The property has gated entry, an on-site laundry room, and subterranean parking with 19 parking spaces. The property sits on a 7,497 square foot lot and is zoned R3050, making the existing number of units irreplaceable with the current zoning. Situated just south of Colorado Boulevard and east of Verdugo Road, 427 Lincoln Avenue is less than 2 miles from The Americana on Brand and less than 1 mile from Eagle Rock Plaza. Both Colorado Boulevard and Verdugo Road are major thoroughfares in Glendale where tenants can find a variety of retail, restaurants, and places of business within these corridors. Commuters are within minutes from the nearest on-ramp to the CA-2 and CA-134 Freeways, offering ease of access to the Eagle Rock, Highland Park, Burbank, Los Feliz, Atwater, Downtown Los Angeles, and all of San Gabriel Valley.
Property Type(s):
Residential Income
| Last Updated | 7/11/2025 | Year Built | 1989 |
|---|---|---|---|
| Community | 628 - Glendale-South of 134 Fwy | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal, Refrigerator |
| AREA | 628 - Glendale-South of 134 Fwy |
| HEAT | Central |
| LOT | 7497 sq ft |
| LOT DIMENSIONS | 50x150 |
| PARKING | Underground |
| STORIES | 2 |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Marcus & Millichap
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
Twitter
Facebook
Email