417 W Harvard, Glendale, CA 91204

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List Price
$2,790,000
Status
ACTIVE
MLS#
GD26218466
Year Built
1989
Lot Size
6,286
Acres
0.14
Lot Location
0-1 Unit/Acre
Days on Market
2
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Three Or More Levels

Property Description

Rare Central Glendale 5-Unit Investment & Owner-User Opportunity! Ideally positioned in the heart of Central Glendale, this well-maintained tri-level multifamily property is located just steps from the iconic Glendale Galleria and The Americana at Brand, placing residents within easy reach of premier shopping, fine dining, entertainment, and the many conveniences that make this one of Glendale's most desirable locations. A quaint neighborhood park directly next door adds a pleasant residential touch to this exceptionally convenient setting. Built in 1989 on a 6,284-square-foot lot, the approximately 5,522-square-foot building consists of five multifamily units with flexible floor plans, private amenities, and numerous upgrades. Units 1–3 are approximately 1,300 square feet and feature two spacious bedrooms, one full bath, and one three-quarter bath. Unit #3 includes a dividing wall currently utilized as a third bedroom, providing additional flexibility. Unit #4 features two generous-sized bedrooms and two full bathrooms. Unit #5 is a desirable two-story, townhouse-style residence of approximately 1,500 square feet, featuring three nicely sized bedrooms, with one bedroom downstairs and two upstairs, a walk-in closet, one full bath, and one three-quarter bath. Currently vacant, Unit #5 presents an excellent opportunity for an owner-user to occupy the property while benefiting from the income generated by the remaining units. Each unit features its own in-unit washer and dryer, laminate flooring throughout, central HVAC, dishwasher, range, and built-in microwave. Additional amenities include private balconies, underground parking and individual storage cabinets. The property offers 8 parking spaces, a valuable feature in this highly walkable and sought-after Glendale location. Building amenities include fire sprinklers, controlled access, surveillance cameras, and separately metered gas and electricity. A dedicated storage/utility room includes a kitchenette and bathroom and may offer potential for conversion to an additional unit, subject to buyer verification, applicable permits, and City requirements. The units have been upgraded over the years, including recent bathroom remodels. With its premier Central Glendale location, immediate proximity to The Americana at Brand and Glendale Galleria, adjacent neighborhood park, flexible unit configurations, and vacant owner-user opportunity, it offers a rare opportunity to own an amazing income property.

Additional Information

Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Park/Greenbelt, Mountain(s)
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$162,660
Operating Expense
2638

Listing courtesy of Listing Agent: Janette Ledea (jledea@remax.net) from Listing Office: Re/Max Tri-City Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.