1700 Del Valle Avenue, Glendale, CA 91208
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Listed Price :
$2,700,000
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Beds :
12
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Baths :
9
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Property Size :
8,252 sqft
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Year Built :
1948
Property Description
We are pleased to present the opportunity to acquire 1700 Del Valle Ave, an 8-unit multifamily property located in the desirable Verdugo Woodlands neighborhood of Glendale. Built in 1948, 1700 Del Valle is situated on a generous 12,676 square feet of land and zoned R1650. The property boasts 8,252 square feet of living space consisting of five 1 bed/1 bath, two 2 bed/1 bath, & one 3 bed/2 bath units. With the two 2-bedroom units currently vacant, an investor can immediately add value through renovations and achieve market rents while also benefiting from an additional 16% upside across the remaining units. With on-site laundry and an implemented utility bill-back program, the property is perfectly situated to maximize income for a potential investor. There are eight parking spaces that include three private garage spaces and a five-vehicle carport, providing the potential for an investor to add ADUs. With its impeccable location just south of the vibrant Montrose Village Square & minutes away from Glendale Community College, the property continues to attract a strong renter pool due to its quiet residential feel and convenient location. Its proximity to the 2, 134, and 210 freeways provides residents with convenient access to surrounding neighborhoods of Burbank, Pasadena, Eagle Rock and Downtown Los Angeles.
Interior Features
| Bedroom Information |
| Bedrooms |
12 |
| Bathroom Information |
| Bathrooms |
9 |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
1700 Del Valle Avenue |
| City |
Glendale |
| State |
CA |
| Zip |
91208 |
| County |
Los Angeles |
| Listing Agent |
Sevak Keshishian DRE #01887505 |
| Courtesy Of |
Marcus & Millichap |
| List Price |
$2,700,000 |
| Status |
Active Under Contract |
| Type |
Residential Income |
| Structure Size |
8,252 |
| Lot Size |
12,676 |
| Year Built |
1948 |
Listing information courtesy of: Sevak Keshishian, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 7th, 2024 at 10:30 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
