1137 Irving Avenue, Glendale, CA 91201

$4,500,000
10,896
SqFt

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List Price
$4,500,000
Status
ACTIVE
MLS#
P1-28164
Year Built
1964
Living Sq. Ft
10,896
Lot Size
13,342
Days on Market
22
Property Type
Multifamily
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-under parking and feature spacious, townhome-style floor plans -- predominantly two-bedroom, with two three-bedrooms. The property is 100% occupied, producing $24,680 in monthly income and stable day-one cash flow, with coin laundry at both buildings as a secondary income stream. The two-parcel configuration and existing site layout also present potential ADU 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-5 and SR-134 access

Additional Information

Land Lease Type
Fee
Fireplace Description
None
View
None

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Calculator source: Real Geeks

Listing courtesy of eXp Realty of Greater Los Angeles.