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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(s):
Residential Income
| Last Updated | 1/13/2025 | Year Built | 1953 |
|---|---|---|---|
| Community | Glendale-Northwest | County | Los Angeles |
Additional Details
| 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 |
Location
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Listed with Team Rock Properties
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.
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