41
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$1,799,999
Est. payment /mo
3 Beds
4 Baths
Active Under Contract
536 Concord Street Glendale, CA 91203
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID BB25015399
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
Welcome to 536 Concord, a highly desirable 6-unit property situated on a corner lot in Glendale. This rare investment opportunity features two buildings with a total of six units, offering comfortable living spaces and significant income potential. Two units are currently vacant, presenting an excellent opportunity for immediate occupancy or value-add upgrades, while the remaining units provide consistent rental income. The property also includes four side-by-side garages, offering incredible potential for ADU conversion. Their layout makes them ideal for constructing one or two ADUs, or even a larger ADU, depending on your vision. Two of the garages are currently unused, and the other two are leased under separate agreements from the tenants primary leases, providing additional income flexibility. This corner-lot property boasts excellent visibility and accessibility, enhancing its appeal to tenants. It also features separate utility meters, ensuring efficient management for the owner. With its prime location near top-rated schools, shopping, dining, and major freeways, 536 Concord offers both convenience and strong tenant demand. Whether you're an investor seeking to expand your portfolio or looking for a versatile property with current and future income opportunities, this property is a must-see. Dont miss the chance to capitalize on this rare opportunity in one of Glendales most sought-after neighborhoods. Schedule your private tour today!
Location
State CA
County Los Angeles
Zoning Assessor
Direction 134 freeway, Exit san fernando, north on Concord
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5638010025
Virtual Tour https://540concord.studeodigital.com/
Listed by Cameron Hunter Media West Realty,Inc.