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$1,690,000
5 Beds 5 Baths 23244325 MLS Active Status
Great opportunity to own a beautiful duplex in a desirable area of Glendale City. According to the owner, the house in the back was newly constructed in 2010 and remodeled the front house as well at that time. The property is well-maintained and beautifully landscaped by special palm trees in the front yard and the driveway. Also, the subject property is situated in an excellent location in Glendale and close to many activity places including shopping centers, nice restaurants, and golf courses and such as Americana at Brand, Glendale Galleria, Norstrom, Bloomingdale, Macy's, Home Goods, Target, Home Depot, Cheesecake Factory, Din Tai Fung, Island's, Chick-fil-A, BJ's, AMC theater and Wilson & Harding golf courses, Los Feliz golf course, Scroll Canyon golf course, and many more places. Total of 5 bedrooms and a studio and 5 bathrooms together. The front house(1135) has two bedrooms, one and a half baths, a granite countertop in the kitchen, ceiling fans, a washer and dryer inside, and a laminate wood-looking floor throughout the house. It has a porch in front and a side patio with direct access to the oversized 2-car garage and currently, the tenant is occupied under a one-year lease. The back house(1135A) is 2 story building(owner unit) that has three bedrooms plus a studio and a total of 2.75 baths, two patios upstairs, a living room, a family room, and a dining area, the kitchen with granite countertop with plenty of cabinets. The floor is laminate flooring and the tile floor in the kitchen and bathrooms and ceiling fans are installed. It also has its own 2-car garage. The studio is rented out for extra income. Please note that the total actual building size shows 3,032 square feet per the previous appraisal report. A Brand new 3-ton HVAC has installed in the back unit in Oct. 2022. The condition of the roof of both houses is excellent, they are about 10 to 12 years old per owner. Both Units have central AC and heater and have a washer and a dryer in each unit which belong to the owner. **The Gas, Electric & Water meters are all separated. Thank you for your interest. For any questions, please contact the listing agent.

1135 E Chestnut Street, Glendale

$5,950,000
AR23035496 MLS Active Status
1063 Justin Ave, a turnkey luxury 12-unit apartment community located in the highly desirable city of Glendale, bordered by the City of Burbank. The property offers superb location (Walkscore 86) with access to many amenities, within walking distance to IKEA Burbank, Burbank Downtown, many shopping centers, close to schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). The ownership spent significant amount of time (±20 months) and capital in relocating the previous tenants and completely upgraded the exterior and interior of the property, making this a turnkey investment (all units upgraded except 1) for new owner. The offering is unique due to its prime location, High CAP Rate, and turnkey conditions (all units except 1 has been fully upgraded). New owner can enjoy high quality location, asset, and good cash flow immediately without the hardships of relocating tenants and managing construction crews. 1063 Justin is a beautifully upgraded and maintained garden style apartment community built in 1963. It is a two-story walkup apartment consisting of 12 units. It offers a beautifully landscaped (drought tolerant) center courtyard common area. It offers a superb unit mix of four (4) LARGE 2 bed + 1 bath units, six (6) spacious 1 bed + 1 bath units, and two (2) Studio units. Almost each unit except one has been fully upgraded. with full electrical and plumbing upgrades (plumbing upgrade in unit), new high durability wood vinyl and tile flooring in bathroom, new windows throughout, in-unit combo washer/dryer, state of the art mini-split HVAC systems, new kitchen with quartz kitchen countertop and new kitchen cabinets and stainless-steel kitchen appliances (gas range, dishwasher, and refrigerator), and new bathrooms with new vanities, toilets, bathtubs, and name brand fixtures. The exterior upgrades include new façade, new exterior paint and signage, new entry gate, completely redone landscaping, updated electrical, and much more! Each unit is large with an excellent layout. One of the 2bedroom unit has a private balcony. The property is separately metered for electricity and gas. The property offers a single level gated parking area with 11 parking spaces. It is serviced by a master water heater and has additional shared laundry room.

1063 Justin Avenue, Glendale

$1,400,000
4 Beds 4 Baths 23233627 MLS Active Under Contract Status
We are pleased to present the opportunity to acquire 1431 Verd Oaks Drive, a 4-unit multifamily property located in the Somerset neighborhood of Glendale. Built in 1941, the asset has a building square footage of 2,362 square feet and sits on a 7,872 square foot lot zoned for R1R, making this an irreplaceable multifamily asset due to the zoning restrictions. The unit mix consists of four 1bed/ 1bath units along with a basement unit that can be used as a storage unit and laundry room for additional revenue streams. The property also provides four on-site parking spaces in the rear carport along with additional room for surface parking. The asset has been well maintained over the years with three updated units and two new spiral steel staircases that service the back entrance to each unit at the rear of the property. The current rents are under market for the area, allowing an investor to capture approximately 26% in rental upside with annual rental increases (AB1482: 5% + CPI) and additional interior renovations at the time of vacancies. The property has enough space in the rear to also add common area amenities such as a barbeque area and sitting area with a gazebo or pergola. Somerset is an upscale residential neighborhood in Glendale with urban roots whose tree-lined avenues are accompanied by paved sidewalks and distant mountain views. Although the area is mainly residential, its highly populated and lined with apartments, houses, and condos. Located south of Colorado Street and just east of Verdugo Road, 1431 Verd Oaks Drive is in proximity to Somerset's northern boundary, Colorado Street, which offers cafes, casual dining options, and local shops and services. Within a short drive, there is an abundance of shopping, dining, and entertainment options that can be found in Downtown Glendale. Tenants of this property will have ease of access to Downtown Glendale, Atwater Village, Eagle Rock, Highland Park, Pasadena, Los Feliz, and many other nearby neighborhoods and cities. For commuters, the asset is close to the 134, 2, 5 and 210 Freeways allowing tenants ease of access to all parts of Los Angeles and Los Angeles County.

1431 Verd Oaks Drive, Glendale

$2,950,000
GD22244186 MLS Active Status
Outstanding owner-user opportunity! The property consists of a 2 bedroom/2 bathroom owner's unit and 4four 2 bd/1 ba units. The owner's unit has been extensively remodeled with high-end finishes: Santos mahogany solid hardwood floors, plantation shutters and solid wood crown molding throughout the unit; the living room has an Italian marble gas fireplace; the kitchen has Caesarstone countertops, custom, solid-wood maple cabinets, Travertine backsplash, Italian glazed porcelain floor tile and base molding trim, heated floor, Viking professional series range and hood and Miele dishwasher; built-in closets in each of the bedrooms; primary bathroom has a large air jet bathtub, tempered glass, double-slider tub enclosure, solid wood cherry cabinets, two (2) recessed medicine cabinets, Caesarstone countertop with makeup station, Italian glazed porcelain floor and wall tile with base molding trim and chrome Hansgrohe Axor fixtures; guest bathroom has a large walk-in shower with solid corner built-in bench, Caesarstone countertop, tempered glass shower door, solid wood cherry cabinets, recessed medicine cabinet, Italian glazed porcelain floor and wall tile and base molding trim and chrome Hansgrohe Axor fixtures; high-end audio/video system with nine (9) Bowers & Wilkins speakers and one Definitive Technology in-wall subwoofer, all audio/video components installed in a separate, ventilated hallway closet controlled by a programmable radio frequency (RF)remote control; solid wood maple cabinets in hallway; private patio with glazed porcelain floor tile and base molding trim and a separate gas line; recessed lighting throughout; central heating and air conditioning; 5/8" paperless soundproof drywall throughout; Miele washer and dryer; Noritz tankless hot water heater. The entire property has energy efficient vinyl, dual-pane windows; copper pipes installed from city water meter to building (including all units) and laundry room; newer stairs, decking, and railings at the front and the back of the building, concrete driveway and parking area; laundry room on site with leased machines; 5 carports; building and carports recently painted; one (1) workshop and one (1) storage area under staircase. One (1) unit has been upgraded with Caesarstone counter tops and porcelain floor and wall tile; two (2) units have been upgraded with custom built-in, solid oak wood kitchen cabinets and Caesarstone countertops. PLEASE DO NOT DISTURB OCCUPANTS. OFFER SUBJECT TO INSPECTION.

547 South Street, Glendale

$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

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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