Request More Info
Schedule a Showing
Share
Print
|
INTRODUCING A RARE OPPORTUNITY!! FOUR STAND-ALONE UNITS IN GLENDALE!Two of the units that were existing have been remodeled COMPLETELY (Fully gutted down to the studs and rebuilt in 2023, incl.complete roof change and earthquake retrofitting), and the other 2 units have been newly built (both completed in 2024) All 4 units have high-end premium finishes as shown in the pictures and as will be seen during the property walkthrough. ANYTHING and EVERYTHING on the property has been changed, replaced, and renewed according to the latest building codes. This incl. ALL electrical, plumbing, and mechanical work. The permits obtained and completed can be viewed on the City of Glendale's designated website. Fresh concrete was also poured in July 2024.The front unit is 1bed/1bath, at 738 sqft. The second unit is a 1 bed/1.5 bath at 743 sqft. w/ SOLAR panels. The third unit is a 2bed/2bath at 916 sqft. The fourth unit is a 1bed/1.5 bath at 743 sqft. w/SOLAR panels. (Buyer to complete his/her own due diligence for verification of the provided details). Each unit comes w/1 parking spot and 1 additional parking spot still vacant to be utilized at owner's discretion. Each unit comes w/brand new appliances of stove and range hood/microwave. As expected, each unit has its own address, power and gas meters, w/water being the only shared meter as per current standards.The first, second and fourth units were rented in 2024, and the third unit is occupied by the owner and will be delivered VACANT for owner-occupation or renting it out for additional income! Total collected rent WITHOUT the owner's unit is approx. $7,900. Projecting a $3,500 rental value for the owner's unit would mean a total approx. gross rental income of $11,400 per month! All current tenants have been fully vetted and verified by the owner.DON'T MISS THE CHANCE TO SECURE THIS INCOME-PRODUCING ASSET!
Property Type(s):
Residential Income
| Last Updated | 3/16/2025 | Year Built | 1941 |
|---|---|---|---|
| Community | Glendale-South of 134 Fwy | County | Los Angeles |
Price History
| Prior to Mar 16, '25 | $2,999,995 |
|---|---|
| Mar 16, '25 - Today | $2,799,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Oven, Gas Range, Tankless Water Heater |
| AREA | Glendale-South of 134 Fwy |
| CONSTRUCTION | Copper Plumbing |
| EXTERIOR | Rain Gutters |
| GARAGE | Assigned |
| HEAT | Central, Solar |
| INTERIOR | All Bedrooms Down, Granite Counters, High Ceilings, Unfurnished |
| LOT | 7863 sq ft |
| LOT DESCRIPTION | 2-5 Units/Acre |
| PARKING | Assigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Cable Available,Electricity Available,Natural Gas Available,Sewer Available,Underground Utilities,Water Available, Electric: Electricity - On Property |
| WATER | Public |
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 X-Change Realty & Investments
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