$1,405,000
$1,299,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
8,433 Sqft Lot
SOLD DATE : 07/21/2023
Key Details
Sold Price $1,405,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD23100082
Sold Date 07/21/23
HOA Y/N No
Year Built 1949
Lot Size 8,433 Sqft
Property Sub-Type Quadruplex
Property Description
This residential income property presents an excellent opportunity for investors and owner users alike. With four charming cottage style units, tenants can enjoy their own private patios and a peaceful living environment. This property has one 2 bed/1bath in the back, and three 1 bed/1 bath, mostly in its original condition. While current rents are low, this property has great potential for generating higher income due to its prime location, in a desirable rental area near Glenoaks. Plus, the two double garages provide added convenience and value for both the tenants and the property owners. This quadruplex is truly a valuable investment opportunity for those seeking to maximize their returns in the residential real estate market.
Location
State CA
County Los Angeles
Area 626 - Glendale-Northwest
Zoning GLR4YY
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Hiking
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Sewer Tap Paid
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5624003046
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard, Trust
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Bought with Nick Younanian • Excel Real Estate Services