This residential income property presents an excellent opportunity for investors and owner users alike. With four charming cottage style units, tenants can enjoy their own private patios and a peaceful living environment. This property has one 2 bed/1bath in the back, and three 1 bed/1 bath, mostly in its original condition. While current rents are low, this property has great potential for generating higher income due to its prime location, in a desirable rental area near Glenoaks. Plus, the two double garages provide added convenience and value for both the tenants and the property owners. This quadruplex is truly a valuable investment opportunity for those seeking to maximize their returns in the residential real estate market.
Sold for $1,405,000 on 07/21/23
Listing Provided by:
Angela Julfayan DRE #01086029 818-476-3000,
Coldwell Banker Hallmark,
Eva Julfayan DRE #02130833,
Coldwell Banker Hallmark
Bought with: Excel Real Estate Services
$1,405,000
1022 Spazier Ave, Glendale, CA 91201
5beds
4baths
2,470sqft
Quadruplex
Built in 1949
-- sqft lot
$1,571,800 Zestimate®
$569/sqft
$2,372 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: July 23, 2023 at 12:53pm
Listing Provided by:
Angela Julfayan DRE #01086029 818-476-3000,
Coldwell Banker Hallmark,
Eva Julfayan DRE #02130833,
Coldwell Banker Hallmark
Bought with:
Nick Younanian, DRE #01105415
Excel Real Estate Services
Source: CRMLS,MLS#: GD23100082
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,470
- Total interior livable area: 2,470 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: na
- Pool features: None
Lot
- Size: 8,433 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 5624003046
- Zoning: GLR4YY
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Sewer Tap Paid
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Hiking
Location
- Region: Glendale
Other
Other facts
- Listing terms: Cash to New Loan
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Estimated market value
$1,571,800