1128 Irving Avenue
Glendale, CA 91201
- – beds
- – baths
- – sqft
- 6,557 sqft lot
- 1925 build
- – on site
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With the majority of the units completely remodeled in recent years, the property offers improved cash flow along with a road map to add value to the remaining units. The property is not subject to Los Angeles Rent Control, instead allowing an investor to more rapidly increase rents via AB 1482. Featuring a separate two-bedroom house in front of a quadruplex, the property benefits from extensive upgrades in recent years. Remodeled units feature in-unit washer/dryers, updated kitchens and bathrooms, recessed lighting, and wood flooring. This location features strong tenant demographics, with several major employers nearby in both Glendale and Burbank. Walt Disney Studios, Warner Brothers Studios, Walt Disney Imagineering, and Dreamworks Animation are all within a short distance. The Los Angeles Zoo, Griffith Park, Universal Studios, and the Los Angeles Equestrian Center are all situated near the property as well. The high-end Americana at Brand and the remodeled Glendale Galleria are both a short drive from the property, as are the Burbank Town Center and Burbank Empire Shopping Center. The largest IKEA store in North America sits within blocks of the property, as do Trader Joe's, Ralphs, CVS, The Home Depot, and Smart & Final.
Last checked:
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Last updated Oct 3, 2024
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MLS# 24427979 —
The Building
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Year Built:1925
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New Construction:No
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Building Area Total:2902.00
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# of Buildings:2
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Total Number Of Units:5
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:We are pleased to announce the opportunity to purchase 1128 Irving Avenue, a five-unit multifamily property located in the preferred "north of Glenoaks" district within the city of Glendale, CA, blocks from the Burbank border.
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Latitude:34.17387900
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Longitude:-118.29141500
The Property
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Property Type:Residential Income
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Zoning:GLR4YY
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Lot Size Area:6557.0000
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Lot Size Acres:0.1505
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Lot Size SqFt:6557.00
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Lot Size Source:Estimated
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5621040014
Appliances
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Included:Yes
The Community
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Senior Community:No
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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10/1/24
Oct 1, 2024
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Sold Subject To Contingencies | CRMLS_CA | $1,825,000 | |
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9/30/24
Sep 30, 2024
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Sold | CRMLS_CA | $1,825,000 | -2.7% |
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8/20/24
Aug 20, 2024
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Listed / Active | CRMLS_CA | $1,875,000 |
