15
See all 15 photos
$3,100,000
Est. payment /mo
8 Beds
4 Baths
New
1164 Irving Avenue Glendale, CA 91201
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25145295
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property Description
Discover a fully updated six-unit treasure nestled just steps from Glendale & Burbanks vibrant downtown in the desirable neighborhood surrounding 1164 Irving Ave. The City of Glendale does not have a rent control ordinance, and there is on-site parking available. The units are separately metered for gas and electricity, and they have on-site laundry services that generate revenue. This prime location allows occupants to enjoy all of Glendale & Burbanks world-famous entertainment, dining, and culture, within the comfort of a quiet and luxurious apartment. This charming mid-century property includes: Five 2 bed/1 bath units plus one spacious 2 bed/2 bath unit, ideal for resident owners or investors seeking stable multi-family income. Recent exterior renovations with new fascia, paint, and updated landscaping that enhance curb appeal and longevity. Upgraded outdoor amenities, featuring secure lighting, designated communal parking, and leisure spacesperfect for resident comfort and outdoor enjoyment. Conveniently located near shopping, dining, transit, and top-rated schools, this turnkey investment offers immediate rental income potential. Property: 6 units- 5 2-bed/1-bath, 1 2-bed/2-bath, fully updated with exterior and amenity enhancements. Glendale Market: Year-over-year rental growth: Apartments.com reports a modest +1.7% increase (~$36/month) Opportunity: Leverage renovations and unit scale to capture rent above average and maximize net operating income. Tenants can walk, bike, or hike to numerous local eateries, cafs, and parks. Glendale, a highly desirable renta
Location
State CA
County Los Angeles
Zoning Assessor
Direction GlenOaks to Irving
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5621041007
Listed by Guy Arnone Radius Agent Realty