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+16617137365
ReMax Gateway
539 Glenwood Road, Glendale, CA 91202
- $2,600,000
- List Price
- $2,600,000
- Status
- ACTIVE
- MLS#
- GD26241180
- Year Built
- 1986
- Lot Size
- 7,463
- Acres
- 0.17
- Lot Location
- 6-10 Units/Acre
- Days on Market
- 3
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels
Property Description
Prime 6-Unit Multifamily Investment Opportunity in Glendale! Excellent opportunity to acquire a well-maintained, six-unit multifamily investment property located at 539 Glenwood Road in the desirable city of Glendale. This income-producing asset features approximately 6,958 square feet of building area situated on a 7,463-square-foot lot, offering a total of 14 bedrooms and 12 bathrooms across six generously sized residential units. The property features spacious floor plans, a newer roof, and newer HVAC systems, reflecting ongoing maintenance and improvements. Ideally positioned in a prime Glendale location, the property benefits from convenient access to major commercial corridors, shopping centers, restaurants, employment hubs, and transportation routes. Its desirable location, substantial unit sizes, and established multifamily configuration make this an attractive opportunity for investors seeking a residential income property with long-term investment potential. Whether expanding an existing portfolio or acquiring a multifamily asset in a sought-after rental market, 539 Glenwood Road presents an excellent investment opportunity in the heart of Glendale.
Additional Information
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Garage Spaces Total
- 7
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $194,100
- Operating Expense
- 55812
Listing courtesy of Listing Agent: Raffi Soualian (raffi@jhhre.com) from Listing Office: JohnHart Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.