363 W Lomita Avenue
Glendale, CA 91204
- – beds
- – baths
- – sqft
- 8,687 sqft lot
- 1922 build
- – on site
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We are pleased to present 363 W. Lomita Ave for sale in the heart of Glendale. The property is located on the corner of Columbus and Lomita Avenues and features a triplex with three separate freestanding units with no attached walls. Built in 1922, the three units are comprised of a 3 Bedroom + 2 Bathroom house and two 1 Bedroom + 1 Bathroom units. The total improvements are +/- 2,877 square feet on a +/- 8,867 square foot lot. 363 W. Lomita is perfect for an owner-user who wants to live in the main house, or an investor looking for passive income. The main house will be delivered vacant at the close of escrow. The layouts of the units are very efficient and offer the feel of a single-family home, not an apartment building. Each unit has a private single car garage & driveway, in-unit washer & dryer, and the main house has a private backyard. Second bathroom in the 3 bedroom unit may have been done without permits. The 430 Columbus (1 Bedroom + 1 Bath) is paying $1800 per month and 432 Columbus is paying $1500 per month in rent. The rents on the two occupied units have not been raised since 2019 allowing a new owner to immediately raise rents by 5% + 3.6% (CPI 2021) for a total 8.6% - per the City of Glendale. In addition, rents can be raised thereafter per the State and City guidelines. Buyer to confirm with City that these % are accurate. This is an amazing opportunity for an owner-user or investor who wants to own an A+ Glendale location. Rarely do multi-family properties come available for sale in this location! 363 W Lomita is located within a five-minute walk to the Americana at Brand. This modern complex has transformed the landscape of Glendale and offers shopping, restaurants and a movie theatre. In addition, other retailers and stores are nearby along Brand Blvd and Central Avenue.
Last checked:
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Last updated Dec 9, 2024
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MLS# 22139721 —
The Building
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Year Built:1922
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New Construction:No
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Building Area Total:2877.00
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Total Number Of Units:3
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# of Buildings:3
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Stories Total:1
Location
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Directions:Great part of Glendale. Walking distance to the Americana on Brand. North of Riverdale Dr., South of Vine St., West of Central Ave., and East of S. Columbus Ave.
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Latitude:34.14011600
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Longitude:-118.26059900
The Property
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Property Type:Residential Income
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Zoning:GLR4YY
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Lot Size Area:8687.0000
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Lot Size Acres:0.1994
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Lot Size SqFt:8687.00
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:5696011030
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Appliances:Disposal, Refrigerator
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Included:Yes
The Community
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Senior Community:No
Parking
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Parking:Yes
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Parking:Driveway
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Parking Spaces:3.00
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).
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).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/13/24
Aug 13, 2024
|
Sold | BRIDGE | ||
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5/18/22
May 18, 2022
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Sold | CRMLS_CA | $1,500,000 | -3.2% |
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4/30/22
Apr 30, 2022
|
Pending | CRMLS_CA | $1,550,000 |
