Property Detail

Description

Rare Central Glendale 5-Unit Investment & Owner-User Opportunity! Ideally positioned in the heart of Central Glendale, this well-maintained tri-level multifamily property is located just steps from the iconic Glendale Galleria and The Americana at Brand, placing residents within easy reach of premier shopping, fine dining, entertainment, and the many conveniences that make this one of Glendale's most desirable locations. A quaint neighborhood park directly next door adds a pleasant residential touch to this exceptionally convenient setting. Built in 1989 on a 6,284-square-foot lot, the approximately 5,522-square-foot building consists of five multifamily units with flexible floor plans, private amenities, and numerous upgrades. Units 1–3 are approximately 1,300 square feet and feature two spacious bedrooms, one full bath, and one three-quarter bath. Unit #3 includes a dividing wall currently utilized as a third bedroom, providing additional flexibility. Unit #4 features two generous-sized bedrooms and two full bathrooms. Unit #5 is a desirable two-story, townhouse-style residence of approximately 1,500 square feet, featuring three nicely sized bedrooms, with one bedroom downstairs and two upstairs, a walk-in closet, one full bath, and one three-quarter bath. Currently vacant, Unit #5 presents an excellent opportunity for an owner-user to occupy the property while benefiting from the income generated by the remaining units. Each unit features its own in-unit washer and dryer, laminate flooring throughout, central HVAC, dishwasher, range, and built-in microwave. Additional amenities include private balconies, underground parking and individual storage cabinets. The property offers 8 parking spaces, a valuable feature in this highly walkable and sought-after Glendale location. Building amenities include fire sprinklers, controlled access, surveillance cameras, and separately metered gas and electricity. A dedicated storage/utility room includes a kitchenette and bathroom and may offer potential for conversion to an additional unit, subject to buyer verification, applicable permits, and City requirements. The units have been upgraded over the years, including recent bathroom remodels. With its premier Central Glendale location, immediate proximity to The Americana at Brand and Glendale Galleria, adjacent neighborhood park, flexible unit configurations, and vacant owner-user opportunity, it offers a rare opportunity to own an amazing income property.