Wonderful opportunity to acquire a very well maintained multi-family income property in the Grandview neighborhood of Glendale; the property is comprised of eight (8) two (2) bedroom, two (2) bathroom units of approximately 1,000 square feet each (per Assessor); all tenants are month-to-month; the building was constructed in 1985; the units are separately metered for gas and electricity; new central hot water heater in 2018; new laundry machines (Speed Queen) in 2020;generous upside in rents; semi-subterranean parking garage striped for fourteen (14) parking spaces, but there are two (2)additional, parallel spaces that have been demarcated and are used by the tenants; all eight (8) central HVAC units were replaced in the last twelve (12) months; roof replaced in 2020; new elastomeric deck system installed in 2020; sewer connection in the public right-of-way has been replaced; four (4) units upgraded in terms of flooring, counter tops and cabinetry; located just south of Glenoaks Boulevard and east of Alameda Avenue near Downtown Burbank; less than 1/3 of a mile to Trader Joe’s and Walgreens
See attached brochure for complete information.
Sold for $3,400,000 on 12/16/22
Listing Provided by:
David Stevenson DRE #01228475 818-956-7001,
Stevenson Real Estate Services
$3,400,000
1044 Linden Ave, Glendale, CA 91201
--beds
--baths
8,000sqft
Multi Family
Built in 1985
-- sqft lot
$3,407,800 Zestimate®
$425/sqft
$2,345 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 17, 2022 at 12:56pm
Listing Provided by:
David Stevenson DRE #01228475 818-956-7001,
Stevenson Real Estate Services
Bought with:
Arthur Ambarchyan, DRE #01351863
National Properties
Source: CRMLS,MLS#: GD22208446
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 8,000
- Total interior livable area: 8,000 sqft
Property
Parking
- Total spaces: 14
- Parking features: Garage
- Garage spaces: 14
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 7,926 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5624008040
- Zoning: GLR4*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Curbs, Sidewalks
Location
- Region: Glendale
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Services availability
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Estimated market value
$3,407,800