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$5,250,000
16 Beds 16 Baths 22214951 MLS Active Status
We are pleased to present the opportunity to purchase a 16-unit two-story multi-family site in the desirable community of Pelanconi in Glendale, CA. The property is non-rent controlled and features one-bedroom units consisting of approximately 8,494 of net rentable squarefeet on 15,893 square feet of land. The charming garden style building is well located within a mostly single-family home residential neighborhood. Because of the lack of smaller rentals these one-bedrooms are higly sought after and rarely have vacancy. Local public schools are higly rated makingthis community a draw for familes as well. It's central location allows for an easy commute to many strong employment hubs within the film industry,industrial sector as well as Downtown Los Angeles.Originally built in 1948, the property has undergone light renovations over the years supporting it's retro charm. Many units have original hardwood floors,clean art-deco tiled bathrooms and kitchens while units that have been renovated have been replaced with luxury vinyl plank flooring. These thoughtful renovations create a perfect balance of both modern and retro appointments and is positioned quite well for additional improvements to be made as tenants roll-over. The large parking area in the rear of the building supports an opportunity for a major renovation by providing additional units and/or improvements for existing units. Glendale is a well established city in Los Angeles County for its strong demographics, Diversity and close proximity to Burbank and Los Angeles while offering a more niche community feel.

823 Highland Avenue, Glendale

$5,995,000
8 Beds 8 Baths BB22185205 MLS Active Status
Nestled above Verdugo Viejo sits this stunning, six-bedroom, seven-bath Spanish Villa Estate with over 6,200 square feet of living space in the main home. The Lorelei historic home, originally constructed by the renowned Peter Damm, sits on over half an acre, providing breathtaking, panoramic views of Los Angeles, Glendale and Burbank. The beautiful courtyard with Spanish tile and soothing fountain welcomes each visitor to paradise. Step into the large, open foyer that leads into the dramatic living room with dark hardwood floor and chandelier followed by the family room with exposed wood-beam ceiling. The gourmet kitchen has expansive views, abundant natural light, high-end stainless appliances, a separate dining area and breakfast nook. The master bedroom boasts exposed wood beams and large bay windows. The en-suite bath is truly luxurious, with a deep spa tub and overhead cascading shower. The master bath leads down to your own private gym/dance studio with plenty of mirrors to track your progress. For guests that want to stay a bit longer, there is an attached two-bedroom, one-bath guest home with its own kitchenette and living room and approximately 1,000 square feet of living area. The lush grounds are multi-tiered. The main area features a sparkling pool with spa and a dreamy outdoor kitchen, complete with stainless steel appliances, ice makers, cooling fridge and beer-fridge. The outdoor cabana area includes gas heaters and built-in entertainment center. The lower level features a bocce ball court that can also be used for private outdoor dining for a large dinner party. Enjoy the privacy and seclusion of this spectacular, One-of-a-Kind Spanish Oasis!

330 Kempton Road, Glendale

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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