$1,695,000

Multi Family In Glendale

  • 4 Beds
  • 4 Baths
  • 5,315 Sqft lot
  • Updated: Today
  • Source:
    San Diego MLS  MLS#SR26178662

About the Property

Excellent opportunity to acquire a four-unit residential property in Glendale with significant upside potential. The property consists of four 1-bedroom, 1-bathroom units, currently vacant, providing a new owner with immediate flexibility and the opportunity to reposition the property. Approved plans are in place to convert the existing units from 1-bedroom/1-bathroom layouts to 2-bedroom/1-bathro
Excellent opportunity to acquire a four-unit residential property in Glendale with significant upside potential. The property consists of four 1-bedroom, 1-bathroom units, currently vacant, providing a new owner with immediate flexibility and the opportunity to reposition the property. Approved plans are in place to convert the existing units from 1-bedroom/1-bathroom layouts to 2-bedroom/1-bathroom units, offering the potential for substantially higher rental income and increased overall property value. The property also includes a separate 1-bedroom, 1-bathroom ADU in the rear, which is currently occupied by a Section 8 tenant, providing immediate rental income. Additional improvements include an upgraded separate electrical meters for each unit, helping support the property’s future renovation plans. This is an ideal opportunity for an investor, owner-user, or developer looking for a minor fixer with high-rent potential.
  • Property type

    Other

  • Floors

    2

Features

  • Investment Property
  • Stone Countertops
  • Air Conditioning

Explore the Area

804 E Palmer Ave, Glendale, California, United States View on Google Maps
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Westgate Capital - Glendale

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Westgate Capital - Glendale
California, United States
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Westgate Capital - Glendale
Glendale, California, United States
View agency profile
Last updated
Today
First listed
Aug 15
Listing reference
SR26178662
Listing status
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