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$ 725,000
Est. payment /mo
New
318 E California Glendale, CA 91206
1 Bed
1 Bath
1,907 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26241744
Bedrooms 1
Lot Size 1,907 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
RARE DOWNTOWN GLENDALE OPPORTUNITY - This unique property consists of two residential units: one-bedroom, one-bath each. Current rents reflect actual income. Live in one unit while collecting rental income from the other. An Additional Opportunity: The property can also be purchased together with the adjacent three-unit property at 320 E. California Avenue, which is situated on a separate parcel. This provides buyers with the potential flexibility of residential financing rather than commercial financing. Together, the two properties offer a total of five residential units, consisting of four one-bedroom, one-bath units and one studio. According to assessor records, the combined properties offer approximately 2,414 square feet of building area on a generous 5,920-square-foot lot. Whether you are an owner-user looking to offset your housing expenses, a multigenerational family seeking flexible living arrangements, or an investor looking to expand your portfolio, this is a rare opportunity to acquire multiple residential units in a desirable Downtown Glendale location. Live in one. Collect rent from the others. Explore the possibilities. A rare find in Glendale!
Location
State CA
County Los Angeles
Zoning Assessor
Direction East of Brand
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5642017014
Acceptable Financing Cash
Listing Terms Cash
Listed by Nick & Mike Nick & Mike, DRE#00976678 Keller Williams R. E. Services
NEARBY SCHOOL & BUSINESS