1137 Irving Ave, Glendale, CA 91201

$4,500,000
9
BD
231
BA

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List Price
$4,500,000
Status
ACTIVE
Days on Market
21
MLS#
P1-28164
Subtype
Residential Income
Bedrooms
9
Bathrooms
231
Lot Size
13,342
Acres
0.31

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 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

Zoning
Public Rec
Air Conditioning
Window/Wall
Levels
Two

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Trey Ballard (818-850-8802) from Listing Office: eXp Realty of Greater Los Angeles.

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