1137 Irving Avenue, Glendale, CA 91201
- $4,500,000
- List Price
- $4,500,000
- Status
- ACTIVE
- MLS#
- P1-28164
- Year Built
- 1964
- Lot Size
- 13,342
- Acres
- 0.31
- Lot Location
- Sprinklers In Front
- 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
Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Attached Structure
- Detached
- Gross Scheduled Income
- $298,860
- Operating Expense
- 94911
Listing courtesy of Listing Agent: Trey A Ballard (trey@andersonballard.com) from Listing Office: eXp Realty of Greater Los Angeles.
Mortgage Calculator
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