Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1964
Sq.Footage
N/A
Discover a fully updated six-unit treasure nestled just steps from Glendale & Burbank’s vibrant downtown in the desirable neighborhood surrounding 1164 Irving Ave. The City of Glendale does not have a rent control ordinance, and there is on-site parking available. The units are separately metered for gas and electricity, and they have on-site laundry services that generate revenue. This prime location allows occupants to enjoy all of Glendale & Burbank’s world-famous entertainment, dining, and culture, within the comfort of a quiet and luxurious apartment. This charming mid-century property includes: • Five 2 bed/1 bath units plus one spacious 2 bed/2 bath unit, ideal for resident owners or investors seeking stable multi-family income. • Recent exterior renovations with new fascia, paint, and updated landscaping that enhance curb appeal and longevity. • Upgraded outdoor amenities, featuring secure lighting, designated communal parking, and leisure spaces—perfect for resident comfort and outdoor enjoyment. • Conveniently located near shopping, dining, transit, and top-rated schools, this turnkey investment offers immediate rental income potential. • Property: 6 units- 5 × 2-bed/1-bath, 1 × 2-bed/2-bath, fully updated with exterior and amenity enhancements. • Glendale Market: Year-over-year rental growth: Apartments.com reports a modest +1.7% increase (~$36/month) • Opportunity: Leverage renovations and unit scale to capture rent above average and maximize net operating income. Tenants can walk, bike, or hike to numerous local eateries, cafés, and parks. Glendale, a highly desirable rental market, is home to The Americana, located near Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, hiking, parks, biking, Dodger Stadium, The Rose Bowl, Lakers/Clippers and easy access to the 5 and 134 freeways, and proximity to the Burbank Metro Link and the Burbank Airport.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s), Open Floorplan, Pantry, Storage, Walk-In Closet(s)
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Wall Furnace
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Other Exterior Features
Rain Gutters
-
Parking
Carport, Detached Carport, Paved, On Street
-
Pool
Yes
-
Pool Features
None
-
View
None
Area & Lot
-
Lot Features
Landscaped, Near Public Transit
-
Lot Size(acres)
0.1532
-
Property Type
Residential Income
-
Property Sub Type
Apartment
-
Architectural Style
Contemporary
Price
-
Sales Price
$3,100,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Association Amenities
Dog Park
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
25
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Penny Davis , Radius Agent Realty
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