First time on the market in over 16 years! This charming Duplex is perfect for homebuyers looking to offset some of their payment with rental income or for investors seeking a prime opportunity in a desirable location. Its proximity to film studios ensures consistent tenant demand, making it a reliable income generator. The location offers plenty of street parking, a private driveway, and approved plans to convert the garage into an ADU, providing even more income potential. With a bit of additional TLC or small reconfigurations, you could significantly increase the current rental income. Don’t miss this versatile property with endless possibilities!
With a unit mix featuring mostly large two-bedroom apartments, the property offers an investor stable cash flow with the opportunity to increase income further by capitalizing on rent upside. Because the building is not subject to Los Angeles Rent Control, a new owner can improve rental income more rapidly via AB 1482. In addition to installing brand new electric subpanels in all units, the current owner has upgraded the vast majority of units to include new granite countertops, new wood laminate flooring, new dual pane windows, and new AC units. Plumbing throughout the building is mostly copper pipes, while the building features a new water heater and new roof insulation as well. An additional income stream is generated via the on-site laundry facilities, which are owned by the landlord. This location features strong tenant demographics, with several major employers nearby in both Glendale and Burbank. Walt Disney Studios, Warner Brothers Studios, Walt Disney Imagineering, and Dreamworks Animation are all within a short distance. The Los Angeles Zoo, Griffith Park, Universal Studios, and the Los Angeles Equestrian Center are all situated near the property as well. The high-end Americana at Brand and the remodeled Glendale Galleria are both a short drive from the property, as are the Burbank Town Center and Burbank Empire Shopping Center. The largest IKEA store in North America sits within blocks of the property, as do Trader Joe's, Ralphs, CVS, The Home Depot, and Smart & Final.
Discover a rare investment opportunity with this well-maintained 4-unit multi-family apartment building, ideally situated in North Glendale, just a few blocks from Burbank. Family-owned since 1948. Each of the four spacious units features 2 bedrooms and 1 bathroom, with approximately 845 sq ft of comfortable living space. Practical amenities including a gas range, water heater, floor heating, and window or wall AC units. Recent updates enhance the property’s value and efficiency, such as newly rebuilt second-floor deck and balcony, newer vinyl windows, new exterior paint and updated electrical systems throughout the building. Four dedicated parking spaces, one for each unit, along with a fenced backyard common area that is equipped with automatic sprinklers. The expansive lot also offers potential for future development—buyers are encouraged to verify with the City of Glendale. Situated on West Glenoaks Boulevard, this property benefits from close proximity to a bus stop, abundant shopping options, and a variety of dining establishments. With easy access to the 134 and 5 freeways, commuting is a breeze. Don’t miss this chance to own a well-maintained, strategically located multi-family building with promising growth potential!
Unique and Prime investment opportunity 10 units in desirable Glendale Glenoaks area. Pride of ownership, Owns for about 50 years. Due to this long term ownership relationship with great tenants, the current rents have remained very low, leaving about 80% upside in rents Current rents are significantly below market, for 10 units totaling about $165,000 a year. One 3 bed 2 bath, Two 2 bed 1 bath, Five 1 bed 1 bath, Two single. The rents in the area for a 3 bedroom unit can be over $3,500, for 2 bed $2800 and 1 bed $2100 a month. Some TLC on this property current rents can potentially go up about $267,000 a year. The property is centrally located for commutes, supermarkets, restaurants and schools . Driving distance downtown Los Angeles, Burbank, Montrose, Americana and Glendale Galleria, NOHO district, Old Town Pasadena, and the Rose Parade, JPL. Local LA and Hollywood attractions include the Music Center, Disney Music Hall, and Hollywood Bowl. This 10 units is truly one of a kind and great investment. Per seller, inside 6 units are updated, Has copper plumbing, newer water heater, walk way, all wall heaters and wall A/C’s, about 13 parking, Everything in this area sells quickly, priced right and will not last long in this market.
Exceptional investment opportunity in Glendale! This eight-unit income property is a prime asset for investors. Located in a desirable area, these units boast a combination of modern amenities and classic charm. This 8-unit building offers the pinnacle of comfort with central AC & Heat and the convenience of in-unit washer-dryers. Featuring a mix of 2-bed/2-bath units and 1-bed/1-bath units. Strong rental history and potential for increased income, this property is a promising addition to any investment portfolio. Don't miss the chance to own this well-equipped and strategically located property in Glendale. Bring in your highest best offer. Drive by only!
One-of-a-kind property in the highly desirable Glendale Riverside Rancho! Exceptionally well-maintained fourplex with front house for the owner to privately enjoy! Beautifully and tastefully upgraded two-story front unit features four Bedrooms, two Bathrooms, new flooring, luxury Viking appliances, and a three-car garage. Three of the four units are one bedroom, one bathroom, and four parking spaces. The seller spent over $600,000 and remodeled the entire property, including the rental units. New carports, copper plumbing, new paint throughout, 20 solar panels(paid off), and washer/dryer hook-up for all units. This property is located with easy access to public transit and minutes away from Griffith Park, Ikea, Studios, Disney Imagineering, LA Equestrian Center, Downtown Burbank, coffee shops, and much more. Whether you are looking for a perfect investment or to live in one while the tenants pay for your expenses, this property is the one!
The median home value in Glendale, CA is $1,046,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Glendale, CA is $1,046,500. Approximately 31.47% of Glendale homes are owned, compared to 61.59% rented, while 6.95% are vacant. Glendale real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Glendale real estate agent to arrange a tour today!
Glendale, California 91201 has a population of 196,512. Glendale 91201 is less family-centric than the surrounding county with 28.38% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Glendale, California 91201 is $74,488. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Glendale 91201 is 41.2 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 45.8 degrees. The average rainfall is approximately 18.7 inches per year, with 0 inches of snow per year.