Sold
823 Highland Avenue
Glendale CA, 91202
$4,750,000
$559.22 per sqft
Sold
16 Beds
16 Baths
8,494 sqft
Residential
Built in 1948
Listed by Christie Abbott with Lee & Associates Los Angeles West Inc. 310-899-2700
We are pleased to present the opportunity to purchase a 16-unit two-story multi-family site in the desirable community of Pelanconi in Glendale, CA. The property is non-rent controlled and features one-bedroom units consisting of approximately 8,494 of net rentable squarefeet on 15,893 square feet of land. The charming garden style building is well located within a mostly single-family home residential neighborhood. Because of the lack of smaller rentals these one-bedrooms are higly sought after and rarely have vacancy. Local public schools are higly rated makingthis community a draw for familes as well. It's central location allows for an easy commute to many strong employment hubs within the film industry,industrial sector as well as Downtown Los Angeles.Originally built in 1948, the property has undergone light renovations over the years supporting it's retro charm. Many units have original hardwood floors,clean art-deco tiled bathrooms and kitchens while units that have been renovated have been replaced with luxury vinyl plank flooring. These thoughtful renovations create a perfect balance of both modern and retro appointments and is positioned quite well for additional improvements to be made as tenants roll-over. The large parking area in the rear of the building supports an opportunity for a major renovation by providing additional units and/or improvements for existing units. Glendale is a well established city in Los Angeles County for its strong demographics, Diversity and close proximity to Burbank and Los Angeles while offering a more niche community feel.
22214951
MLSⓇ ID
November 3, 2022
Listed
March 23, 2024
Updated
Map
823 Highland Avenue
Glendale CA, 91202
Interior Features
Total Stories
2
Bedrooms
16 Beds
Bathrooms
16 Baths
Appliances
Refrigerator
Laundry Description
Laundry Room
Floor Description
Wood
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Combination
Exterior/Building Features
Lot Size
0.36 Acres
Other Property Details
Area Name
626 - Glendale-Northwest
Days on Market
148
Garage
No
Parking
One Space, Uncovered
Parking Total
16
View
No
County
Los Angeles
Pool
No
Zoning
GLR1YY
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
---|---|---|
5/12/2023 | Price Change | $4,750,000 -4% |
5/12/2023 | Sold | $4,750,000 |
Listing Contact: 310-899-2700
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:22 AM UTC