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$ 4,595,000
Est. payment /mo
Active
601 E Acacia Avenue Glendale, CA 91205
21,315 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 21,315 sqft
Price per Sqft $215
MLS Listing ID CL25530649
HOA Y/N No
Year Built 1961
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Other
Property Description
601 E Acacia Avenue is a charming three-story, 12-unit multifamily property located on a 15,256 SF lot zoned GLR4.Built in 1961, the building spans 21,315 SF and boasts a beautiful courtyard design. The property offers 18 covered parking spaces, as well as street parking, making it an attractive option for residents. The unit mix is highly desirable, comprising of 1 one-bedroom/one-bathroom unit, 9 two-bedroom/one-bathroom units, and 2 three-bedroom/two-bathroom units. Two units have private covered patios, including one with a fenced backyard, providing a tranquil outdoor space for residents to enjoy. The property has undergone recent renovations, including the installation of modern HVAC wall units, new electrical systems, and a convenient communal laundry facility. Additionally, the property has acquired a renovated roof, solar panels have been removed, and recently upgraded to copper plumbing, making way for additional storage in the garage areas for tenants to appreciate. The garage spaces also offer a potential opportunity for savvy investors to construct an Accessory Dwelling Unit (ADU),providing a unique chance to increase revenue and diversify the property's income streams. Located in the heart of Glendale, this property is a short drive from the I-5 and I-2 Freeway. Add
Location
State CA
County Los Angeles
Zoning GLR4
Interior
Heating Wall Furnace
Fireplace No
Laundry No Hookups
Exterior
Utilities Available Other Water/Sewer
Building
Water Other
New Construction No
Others
Tax ID 5675028016
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Listed by Jenny Eng • CBRE