$1,699,000
High Upside Investment – Vacant Unit at Close of Escrow RE/MAX Optima proudly represents 1168 Justin Ave, Glendale, CA 91201, a prime 4-unit opportunity located above Glenoaks Blvd — one of Glendale’s most desirable rental pockets. The property offers a strong unit mix: • One (1) 3BD / 2BA • One (1) 1BD / 1BA with 2 additional Unpermitted rooms. • Two (2) 1BD / 1BA Totaling 2,865 square feet across three separate buildings, the layout provides added privacy and consistent tenant demand. One of the 1-bedroom, 1-bathroom units is currently vacant, allowing a new owner to immediately capture market rent and significantly improve cash flow from day one. This is a rare opportunity to step into an asset with built-in upside without waiting for turnover. All units are in good condition, offering stable income with future rental growth potential. The property also features mature kumquat, orange, and apple trees, adding charm and appeal for tenants. Located in a strong rental corridor of Glendale with convenient access to shopping, dining, and major freeways, this is an excellent opportunity for investors seeking both immediate upside and long-term appreciation.
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Listed by Raymond Ovsepyan with Remax Optima (818) 547-6300
Property Type
Quadruplex
Status
Active
MLS Number
GD26019206
Year Built
1926
Lot Size
9,052 sq ft