REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,200,000
Est. payment | /mo
4 Beds
2 Baths
1,872 SqFt
$ 1,200,000
Est. payment | /mo
4 Beds
2 Baths
1,872 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,872 sqft
Price per Sqft $641
MLS Listing ID 25565585
Bedrooms 4
HOA Y/N No
Year Built 1926
Lot Size 5,005 Sqft
Property Description
We are pleased to present 1431 Street, a 2-unit multifamily investment opportunity located in the Somerset neighborhood of East Glendale. This duplex will allow for future owner-user opportunity or for an investor to capture approximately 41% in rental upside through an interior renovation program. The property has a two-car detached garage in the back that could be converted to an ADU (Buyer to verify). Constructed in 1926, the asset comprises two two-bedroom/one-bathroom units spread across 1,872 square feet. All units have separate meters for gas and electricity and individual water heaters. The property sits on a 5,000 square foot lot and is zoned R2250. Situated just south of Colorado Boulevard and east of Verdugo Road, 1431 Dixon Street is less than 2 miles from The Americana on Brand and less than 1 mile from Eagle Rock Plaza. Both Colorado Boulevard and Verdugo Road are major thoroughfares in Glendale where tenants can find a variety of retail, restaurants, and places of business within these corridors. Commuters are within minutes from the nearest on-ramp to the CA-2 and CA-134 Freeways, offering ease of access to the Eagle Rock, Highland Park, Burbank, Los Feliz, Atwater, Downtown Los Angeles, and all of San Gabriel Valley.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Zoning GLR4YY
Interior
Heating Wall Furnace
Fireplace No
Appliance Disposal
Exterior
Parking Features Door-Multi, Garage
Total Parking Spaces 2
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5680022019
Special Listing Condition Standard
Listed by Sevak Keshishian Marcus & Millichap