$1,500,000
$1,500,000
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6,982 Sqft Lot
SOLD DATE : 06/27/2024
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24091021
Sold Date 06/27/24
HOA Y/N No
Year Built 1926
Lot Size 6,982 Sqft
Property Description
Welcome to 608 E Elk Avenue, a promising 4-unit income opportunity nestled in the heart of Glendale, California. Boasting a prime location near the bustling shopping center, this property offers convenience and potential for savvy investors looking to capitalize on the thriving local market.
Each of the four units presents a canvas for renovation and improvement, making this property an ideal prospect for those with a vision for transformation. Whether you're an experienced developer seeking a new project or an investor looking to enhance rental income, this property holds immense promise.
Situated in a desirable neighborhood, residents will appreciate the proximity to amenities such as shops, restaurants, entertainment venues, and public transportation. With its convenient location, tenants will enjoy easy access to all that Glendale has to offer, fostering strong rental demand.
While this property requires work and renovation to unlock its full potential, the investment opportunity it presents is undeniable. With the right upgrades and enhancements, these units have the potential to attract high-quality tenants and generate significant rental income.
Don't miss out on the chance to transform this property into a lucrative investment. Seize the opportunity to revitalize 608 E Elk Avenue and capitalize on its excellent location and income potential. Schedule a viewing today and envision the possibilities that await in this prime Glendale property.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Zoning GLR4YY
Interior
Heating None
Cooling None
Fireplaces Type Family Room
Fireplace Yes
Laundry None
Exterior
Garage Garage Faces Rear
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Back Yard, Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5674027010
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing FHA
Special Listing Condition Standard, Trust
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Bought with Nicole Stinson • Estate Realty Group, Inc.
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "