1118 Western Avenue, Glendale, CA 91201

$2,748,900

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List Price
$2,748,900
Status
ACTIVE
MLS#
CV26156855
Year Built
1950
Lot Size
15,280
Acres
0.35
Lot Location
Back Yard, Front Yard, Lawn, Landscaped, Near Public Transit, Yard
Days on Market
17
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

Welcome to 1118 Western Av. in beautiful Glendale California! Capitalize on this rare multi-family property in the highly desirable Grandview neighborhood. This 10-unit apartment building features a massive 6,212 square feet of livable space situated on a sweeping 15,280 square foot lot. Built in 1950 and meticulously maintained, this value-add asset boasts an exceptional unit mix featuring 10 total bedrooms and 10 bathrooms, with spacious layouts, classic wood floors, and dedicated carports for 8 vehicles +2 uncovered spaces. Investors will love the premium location just 2 miles from downtown Burbank and major entertainment employers like The Walt Disney Studios and Warner Bros. Highly walkable and situated within minutes of 3 local shopping centers and top-tier Glendale schools. Perfect for a portfolio addition, a 1031 exchange, or a value-add renovation strategy to maximize market rents in a historically low-vacancy.

Additional Information

Roof
Bitumen, Composition
Water
Public
Attached Structure
Detached
Number Of Units Total
10

Listing courtesy of Listing Agent: Cesar Navarro (cesarnremx@aol.com) from Listing Office: RE/MAX MASTERS REALTY.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.