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640 Ivy Street

Glendale, CA 91204

– beds
– baths
– sqft
6,992 sqft lot
1988 build
– on site

We are pleased to be retained as the exclusive agents for this 6-unit multifamily investment offering in Glendale Ca. Comprised of a remarkable unit mix, 2 blocks to Americana at Brand, and individual hot water heaters. (5) of the 6 units are remodeled, 2 units are townhouse style and several HVAC units have been replaced. At 13.7 GRM this is a great turnkey offering with additional rental upside potential. Multiple storage closets can potentially generate additional revenue streams and there might be potential to incorporate an ADU, buyer to confirm.

Listed By CRMLS_CA / Levon Alexanian / Keller Williams World Media Center / info@alexanianadvisors.com

Last checked: Checking… • Last updated Oct 31, 2024 •

MLS# SR24208614 —

The Building

Year Built:

1988
Year Built Source:

Assessor
New Construction:

No
Entry Level:

2
Common Walls:

1 Common Wall
Building Area Total:

5616.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

6
Stories Total:

1
# of Separate Gas Meters:

7
# of Separate Water Meters:

1
# of Separate Electric Meters:

7

Interior

Levels:

One
Entry Location:

2
Laundry:

Common Area
Laundry:

1

Location

Directions:

Cross st Pacific
Latitude:

34.14561300
Longitude:

-118.26844200

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

GLR4YY
Lot Features:

6-10 Units/Acre
Lot Size Area:

6992.0000
Lot Size Acres:

0.1605
Lot Size SqFt:

6992.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

3023.01
Tax Tract:

5025
Tax Lot:

7

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5695009016

Utilities

Sewer:

Private Sewer
Water Source:

Private

The Community

Senior Community:

No
Features:

Biking
Pool:

None
Private Pool:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
10/31/24 Oct 31, 2024	Listed / Active	CRMLS_CA	$2,690,000
10/14/24 Oct 14, 2024	Sold Subject To Contingencies	CRMLS_CA	$2,690,000
10/8/24 Oct 8, 2024	Listed / Active	CRMLS_CA	$2,690,000

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This multifamily located in Glendale, CA 91204 is currently for sale for $2,690,000. 640 Ivy Street is a – square foot multifamily with – beds and – baths that has been on Estately for 46 days. This multifamily is in the attendance area of Herbert Hoover Senior High School, Cerritos Elementary School, and Theodore Roosevelt Middle School.

Listing Courtesy of: CRMLS_CA and Keller Williams World Media Center. Based on information from California Regional Multiple Listing Service, Inc. as of 23:13 on Nov 23.

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.