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Exceptional 5-Unit Investment Opportunity in Glendale! This well-maintained 4-unit building has been enhanced with a brand-new ADU, bringing the total to 5 units. Each unit with its in own washer and dryer hook ups. The newly constructed ADU is vacant and ready for immediate occupancy, offering modern amenities, a private entrance, and additional rental potential. This property presents an excellent opportunity for an owner-occupied income property, where you can live in the vacant ADU while generating rental income from the 4 existing units.Recent upgrades include a new roof, new stucco, and new copper plumbing, ensuring long-term durability and minimizing future maintenance concerns. The main building consists of 4 units, all on a month-to-month rental basis, offering flexibility for new ownership. The expansive backyard will be completed with beautiful landscaping, creating a pleasant outdoor space for tenants. The Certificate of Occupancy for the ADU will be provided prior to the close of escrow, ensuring a smooth and efficient transaction.Please do not disturb the occupants or tenants. This is a rare opportunity to acquire a well-upgraded 5-unit property with a vacant ADU ready for immediate occupancy. Ideal for an owner who wants to live in one unit while enjoying income from the others. Don’t miss out on this prime investment in a desirable location!
Property Type(s):
Residential Income
| Last Updated | 12/24/2024 | Year Built | 1927 |
|---|---|---|---|
| Community | Glendale-Chevy Chase/E. Glenoaks | County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Oven |
| AREA | Glendale-Chevy Chase/E. Glenoaks |
| CONSTRUCTION | Stucco |
| EXTERIOR | Rain Gutters |
| GARAGE | None |
| HEAT | Wall Furnace |
| HOA DUES | 0 |
| INTERIOR | Bedroom on Main Level, Multiple Staircases |
| LOT | 5316 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| PARKING | None |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Traditional |
| UTILITIES | Electricity Connected,Natural Gas Connected,Sewer Connected, Electric: Standard |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | GLC3YY |
Location
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Listed with OKAS Realty Group
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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