New Listing
Description
RARE DOWNTOWN GLENDALE OPPORTUNITY - This unique property consists of three residential units: two one-bedroom, one-bath units and one studio. Current rents reflect actual income, and one of the one-bedroom units will become vacant after November 15, 2026, creating an exceptional opportunity for an owner-user to live in one unit while collecting rental income from the other two. An Additional Opportunity: The property can also be purchased together with the adjacent two-unit property at 318 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!
Details
| MLS # | GD26241249 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1911 |
| Days On Site | 4 |
| Listing Provided By | Keller Williams R. E. Services | Nick & Mike Nick & Mike |
Features
| SQ Feet | 1,472 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.09 |
| Property View | None |
Exterior
| Roof | Composition |
|---|---|
| Lot Features | Corner Lot |
Parking
| Parking Features | None |
|---|---|
| Garage Yes / No | No |
Utilities
| Sewer | Public Sewer, Sewer Tap Paid |
|---|
Location
| Community Features | Biking, Curbs, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Glendale |
| Zip Code | 91206 |
| Area | 628 Glendale South of 134 Fwy |
| Listing VS Median (in 91206) | |
Price: $949,000 low | high Med: $3,450,000 sqft: 1,472 low | high Med: 5,942 $ / sqft: $645 low | high Med: $581 On site: 4 low | high Med: 26 | |
Market Activity 91206
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Glendale |
| Zip Code | 91206 |
| Area | 628 Glendale South of 134 Fwy |
| Listing VS Median (in 91206) | |
Price: $949,000 low | high Med: $3,450,000 sqft: 1,472 low | high Med: 5,942 $ / sqft: $645 low | high Med: $581 On site: 4 low | high Med: 26 | |