List Agent Edwin Ordubegian () 8186313324 Coldwell Banker Hallmark; CoList () Courtesy of Selling Office: Americana Real Estate Services, Arbi Baghoomian - Selling Agent DRE# and Courtesy of Listing Office Coldwell Banker Hallmark, Edwin Ordubegian - Agent DRE#
6-unit townhouse-style income property is located in one of Glendale’s most desirable pockets, just above Glenoaks. Built in 1986, the property offers an ideal unit mix consisting of five (5) 2-bedroom, 1.5-bath units and one (1) spacious 2-bedroom, 2.5-bath unit. Most units feature private balconies, central air and heat, and individual water heaters, skylights providing comfort and convenience for tenants. Several units have been updated, while others present excellent value-add potential, including the possibility of adding in-unit washer and dryer setups. Additionally, the majority of rooftop A/C units have been recently replaced, enhancing long-term efficiency and reducing future maintenance. The property has done exterior improvements, including a new roof, new exterior siding, new gutters, and freshly painted fascia boards. This is a low-maintenance, high-demand investment opportunity offering long-term stability for investors, professionals, or 1031 exchange buyers seeking a strong addition to their portfolio. Done SB721 inspection report adds further confidence for buyers. The building also offers a shared on-site laundry facility. Ideally situated near the highly sought-after Dryden & Highland corridor, the property is surrounded by established residential neighborhoods and is conveniently located near shopping, transportation, and major freeways. It also benefits from access to the highly regarded Glendale Unified School District, including Balboa Elementary, Toll Middle School, and Hoover High School, making it especially attractive to long-term tenants.
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.