1137 Irving Avenue, Glendale, CA, CA 91201
- $4,500,000
- List Price
- $4,500,000
- Status
- ACTIVE
- MLS#
- P1-28164
- County
- Los Angeles
- Year Built
- 1964
- Building Square Feet
- 10,896
- Square Feet
- 13,342
- Days on Market
- 21
- Property Type
- Multifamily
- Stories
- Two Levels
- Neighborhood
- Not Applicable
Property Description
Built in 1964 and totaling 10,896 square feet across two parcels,the buildings share a common driveway with tuck-underparking and feature spacious, townhome-style floor plans --predominantly two-bedroom, with two three-bedrooms. Theproperty is 100% occupied, producing $24,680 in monthlyincome and stable day-one cash flow, with coin laundry at bothbuildings as a secondary income stream. The two-parcelconfiguration and existing site layout also present potentialADU opportunities under California's multifamily ADU statutes,subject to buyer verification with the City of Glendale.Grandview sits in northwest Glendale bordering Burbank,minutes from Downtown Glendale and the Americana at Brand,the Media District's Disney and Warner Bros. campuses, and I-5and SR-134 access
/u.realgeeks.media/grandestatesca/dp_logo_w_background.png){kind=logo}
Additional Information
- Parcel Number
- 5621039019
- Gross Scheduled Income
- $298,860
- Operating Expense
- 94911
- Net Operating Income
- $194,983
- Number of Buildings
- 2
- Lot Features
- Sprinklers In Front
- Cooling
- Yes
- View
- None
- Community Features
- Foothills, Suburban
Listing courtesy of Listing Agent: Trey A Ballard (trey@andersonballard.com) from Listing Office: eXp Realty of Greater Los Angeles.
Mortgage Calculator
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.