1 of 16

Want to see similar homes for sale?

117 Magnolia Avenue

Glendale, CA 91204

– beds
– baths
– sqft
10,192 sqft lot
1939 build
– on site

More homes

You don't want to miss this one! Prime location adjacent to Lexus of Glendale and Auto Row. Less than 1 mile south of the Americana. Fantastic opportunity to own a well cared for six unit multifamily property that has been in the same family for over 25 years. Nestled on a tree lined street off Brand Blvd, all 6 units are 1BR+1BA and range between 570 - 606 SF each (per title). Built in the late 1930's, the property has charming original features such as bay windows, curved ceilings, tile mosaics, built ins, and more. Some units have newer upgrades such as laminate wood floors, and the electrical has been upgraded throughout. Additionally, there is a laundry room and garages in the rear. The property was originally built as apartments and converted to "Own Your Owns" in the 1950's. Each unit has it's own separate parcel number, but they are not condos as there is no tract map or HOA. The property represents a unique investment property with almost 20% upside in rents. One unit is currently vacant, call for a marketing package and rent roll.

Listed By CRMLS_CA / Dana Coronado / Equity Union

Last checked: Checking… • Last updated Oct 27, 2023 •

MLS# 23313435 —

The Building

Year Built:

1939
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

3488.00
Total Number Of Units:

6
# of Buildings:

1
Roof:

Composition, Shingle
Foundation:

Raised
Stories Total:

1
Entry Level:

1
Faces:

South

Interior

Features:

Ceiling Fan(s)
Levels:

One
Entry Location:

Main Level
Flooring:

Tile, Laminate
Fireplace:

No
Fireplace:

None
Laundry:

Washer Included, Dryer Included, Community, Outside, Individual Room
Laundry:

1

Financial & Terms

Disclosures:

Rent Control

Location

Directions:

Between S Central Ave and S Brand Blvd
Latitude:

34.13150800
Longitude:

-118.25590500

The Property

Property Type:

Residential Income
Zoning:

GLR-4
Lot Size Area:

10192.0000
Lot Size Acres:

0.2340
Lot Size SqFt:

10192.00
View:

None
Additional Parcels:

Yes

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5640011054

Heating & Cooling

Heating:

1
Heating:

Wall Furnace, Natural Gas

Utilities

Sewer:

Sewer Paid
Water Source:

Public

Appliances

Appliances:

Disposal, Refrigerator, Gas Oven
Included:

Yes

The Community

Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking Spaces:

6.00
Garage Spaces:

6.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/26/23 Oct 26, 2023	Sold	CRMLS_CA	$1,800,000	0.1%
10/5/23 Oct 5, 2023	Pending	CRMLS_CA	$1,799,000
9/26/23 Sep 26, 2023	Sold Subject To Contingencies	CRMLS_CA	$1,799,000

Multifamily Sold on 10/26/2023

$1,800,000

Listing provided by broker:

Dana Coronado

Equity Union

Newest listings in Glendale, CA

Similar sold homes

Listing Courtesy of: CRMLS_CA and Equity Union. Based on information from California Regional Multiple Listing Service, Inc. as of 10:49 on Dec 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

117 Magnolia Avenue

Glendale, CA 91204