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$949,000
Est. payment /mo
4,011 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26241249
HOA Y/N No
Year Built 1911
Lot Size 4,011 Sqft
Property Sub-Type Triplex
Property Description
RARE DOWNTOWN GLENDALE OPPORTUNITY - This unique property consists of three residential units: two one-bedroom, one-bath units and one studio. Current rents reflect actual income, and one of the one-bedroom units will become vacant after November 15, 2026, creating an exceptional opportunity for an owner-user to live in one unit while collecting rental income from the other two.
An Additional Opportunity: The property can also be purchased together with the adjacent two-unit property at 318 E. California Avenue, which is situated on a separate parcel. This provides buyers with the potential flexibility of residential financing rather than commercial financing.
Together, the two properties offer a total of five residential units, consisting of four one-bedroom, one-bath units and one studio. According to assessor records, the combined properties offer approximately 2,414 square feet of building area on a generous 5,920-square-foot lot.
Whether you are an owner-user looking to offset your housing expenses, a multigenerational family seeking flexible living arrangements, or an investor looking to expand your portfolio, this is a rare opportunity to acquire multiple residential units in a desirable Downtown Glendale location.
Live in one. Collect rent from the others. Explore the possibilities. A rare find in Glendale!
An Additional Opportunity: The property can also be purchased together with the adjacent two-unit property at 318 E. California Avenue, which is situated on a separate parcel. This provides buyers with the potential flexibility of residential financing rather than commercial financing.
Together, the two properties offer a total of five residential units, consisting of four one-bedroom, one-bath units and one studio. According to assessor records, the combined properties offer approximately 2,414 square feet of building area on a generous 5,920-square-foot lot.
Whether you are an owner-user looking to offset your housing expenses, a multigenerational family seeking flexible living arrangements, or an investor looking to expand your portfolio, this is a rare opportunity to acquire multiple residential units in a desirable Downtown Glendale location.
Live in one. Collect rent from the others. Explore the possibilities. A rare find in Glendale!
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Interior
Inclusions Owners personal property
Fireplace No
Laundry Laundry Room
Exterior
Parking Features None
Pool None
Community Features Biking, Curbs, Sidewalks
View Y/N No
View None
Roof Type Composition
Private Pool No
Building
Lot Description Corner Lot
Story 1
Entry Level One
Sewer Public Sewer, Sewer Tap Paid
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5642017013
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Nick & Mike Nick & Mike Keller Williams R. E. Services 8184062777, DRE #00976678
NEARBY SCHOOL & BUSINESS
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