An excellent opportunity awaits potential investors looking to acquire a multifamily property in the Riverside Rancho district of Glendale. MIG Commercial Real Estate Services, Inc is pleased to introduce 320 Western Ave in Glendale, a well maintained six-unit multifamily asset. Constructed in 1957, this complex comprises (4) two-bedroom, one-bathroom units, and (2) one-bedroom, onebathroom units. There is a covered carport at the rear of the
building, providing six parking spaces (one per unit). Owner pays common area electricity, gas for the laundry room, and water. Tenants are responsible for all other utilities. There are 7 total electric meters, 7 total gas meters, and 1 water meter. Recent upgrades include the replacement of the main water line and the vertical waste line connecting to the city's infrastructure. Despite heavy rains in the past year, there have been no significant reports
of leaks. Glendale's strategic location offers easy access to major freeways, making it a convenient hub for commuting to various parts of Los Angeles County. The city is also home to the Glendale Unified School District and is just minutes away from renowned establishments like Disney, DreamWorks Animation, the Los Angeles Zoo, and numerous urban parks. Don’t miss this opportunity to claim your next investment!
Sold for $1,675,000 on 12/14/23
Listing Provided by:
Alex Matevosian DRE #02047572 818-482-3830,
MIG Commercial Real Estate Ser
$1,675,000
320 Western Ave, Glendale, CA 91201
--beds
--baths
4,662sqft
Multi Family
Built in 1957
-- sqft lot
$-- Zestimate®
$359/sqft
$5,097 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 19, 2023 at 10:49am
Listing Provided by:
Alex Matevosian DRE #02047572 818-482-3830,
MIG Commercial Real Estate Ser
Bought with:
Eric Dilanian, DRE #01951699
Remax Commercial and Investment Realty
Source: CRMLS,MLS#: GD23212525
Originating MLS: California Regional MLS

Facts & features
Interior
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Flooring: Carpet
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,662
- Total interior livable area: 4,662 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport
- Garage spaces: 6
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: Ground
- Pool features: None
Lot
- Size: 7,535 sqft
- Features: Lawn, Near Park, Near Public Transit
Details
- Parcel number: 5626013006
- Zoning: GLR3*
- Special conditions: Standard,Trust
- Horse amenities: Riding Trail
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Dog Park, Hiking, Horse Trails, Stable(s), Mountainous, Sidewalks, Park
Location
- Region: Glendale
HOA & financial
Other financial information
- Total actual rent: 10500
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange