$1,799,000
1840 W. Glenoaks Blvd. presents a well-maintained 4-unit multifamily investment opportunity in a prime Glendale location. This two-story property features four identical units, each offering 2 bedrooms and 1 bathroom, with the added convenience of stackable in-unit laundry in each unit. The units are well-proportioned and include split-system A/C and heating, providing comfort and efficiency for tenants. The property has been thoughtfully improved with updated plumbing and newer exterior paint, enhancing both functionality and curb appeal. Situated on a centrally located lot, the property is within close proximity to grocery stores, schools, parks, and public transportation, making it highly desirable for long-term tenancy. The two upper units feature a sharable balcony, while the two lower units offer direct access to the backyard, which is a shared space for all residents—ideal for relaxing or outdoor gatherings. The exterior is surrounded by greenery, creating a welcoming and comfortable environment for tenants. Additional features include six on-site parking spaces. The property is currently occupied by long-term, well-maintained tenants, providing stable and consistent rental income. An excellent opportunity for investors seeking a turnkey asset in a strong rental market with upside potential.
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Listed by Annie Akopyan with Coldwell Banker Hallmark Realty (818) 476-3000
Property Type
Single Family Residence
Status
Active
MLS Number
BB26083672
Year Built
1944
Lot Size
6,682 sq ft