1138 1140 Park Avenue, Glendale, CA 91205

$999,000

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List Price
$999,000
Status
ACTIVE
MLS#
GD26201503
Year Built
1937
Lot Size
5,993
Acres
0.14
Lot Location
2-5 Units/Acre
Days on Market
1
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels

Property Description

PRIME GLENDALE TRIPLEX OPPORTUNITY! Located in the desirable Adams Hill neighborhood, this character-filled income property features three units across two separate buildings. The front two-story duplex has one unit upstairs and one downstairs. A detached single-story home is located at the rear of the property and includes a fenced backyard of its own. Each unit offers two bedrooms, 1¼ bathrooms, a living room, dining area, kitchen, and laundry inside the unit. A large detached garage is currently reserved for the owner’s use. All three units are occupied, providing immediate rental income. This is an excellent opportunity for an investor or a future owner-occupant interested in living in one unit and renting the others, subject to existing leases and applicable laws. Conveniently located near Adams Square, public transportation, neighborhood bakeries, restaurants, and shops, with easy access to Downtown Glendale, The Americana at Brand, Glendale Galleria, Eagle Rock, Pasadena, and the CA-2, CA-134, and I-5 freeways. Opportunities like this are limited—make this Glendale triplex yours.

Additional Information

Pool Description
None
Fireplace Description
Living Room
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$41,400
Operating Expense
10038

Listing courtesy of Listing Agent: Sheida Rezazadeh (SheidaR@kw.com) from Listing Office: Keller Williams R. E. Services.

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Calculator source: Real Geeks

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.