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Glendale

1137 Irving Avenue

About This Property

Built in 1964 and totaling 10,896 square feet across two parcels,the buildings share a common driveway with tuck-underparking and feature spacious, townhome-style floor plans --predominantly two-bedroom, with two three-bedrooms. Theproperty is 100% occupied, producing $24,680 in monthlyincome and stable day-one cash flow, with coin laundry at bothbuildings as a secondary income stream. The two-parcelconfiguration and existing site layout also present potentialADU opportunities under California's multifamily ADU statutes,subject to buyer verification with the City of Glendale.Grandview sits in northwest Glendale bordering Burbank,minutes from Downtown Glendale and the Americana at Brand,the Media District's Disney and Warner Bros. campuses, and I-5and SR-134 access

Neighborhood

This property is located in Glendale. Want to learn more about the area?

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Listing courtesy of eXp Realty of Greater Los Angeles

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$4,350,000

Est. Monthly Payment

$27,796/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Trey A Ballard

eXp Realty of Greater Los Angeles