Under contract
1700 Del Valle Ave
Glendale CA, 91208
$2,700,000
$327.19 per sqft
Under contract
12 Beds
9 Baths
8,252 sqft
Multi-family
Built in 1948
We are pleased to present the opportunity to acquire 1700 Del Valle Ave, an 8-unit multifamily property located in the desirable Verdugo Woodlands neighborhood of Glendale. Built in 1948, 1700 Del Valle is situated on a generous 12,676 square feet of land and zoned R1650. The property boasts 8,252 square feet of living space consisting of five 1 bed/1 bath, two 2 bed/1 bath, & one 3 bed/2 bath units. With the two 2-bedroom units currently vacant, an investor can immediately add value through renovations and achieve market rents while also benefiting from an additional 16% upside across the remaining units. With on-site laundry and an implemented utility bill-back program, the property is perfectly situated to maximize income for a potential investor. There are eight parking spaces that include three private garage spaces and a five-vehicle carport, providing the potential for an investor to add ADUs. With its impeccable location just south of the vibrant Montrose Village Square & minutes away from Glendale Community College, the property continues to attract a strong renter pool due to its quiet residential feel and convenient location. Its proximity to the 2, 134, and 210 freeways provides residents with convenient access to surrounding neighborhoods of Burbank, Pasadena, Eagle Rock and Downtown Los Angeles.
24-462817
MLSⓇ ID
November 12, 2024
Listed
December 7, 2024
Updated
Map
1700 Del Valle Ave
Glendale CA, 91208
Interior Features
Total Stories
3
Bedrooms
12
Total Bathrooms
9
Appliances
Garbage Disposal
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.29 Acres
Other Property Details
Area Name
Rossmoyne & Verdugo Woodlands
Days on Market
20
Garage
Yes
Garage Spaces
3
Parking
Carport Detached, Garage Is Detached
Parking Total
8
View
No
County
Los Angeles
Water Source
Public, Water District
Pool
No
Zoning
R1650
Listed by Sevak Keshishian with Marcus & Millichap
Listing Contact: 818-726-0922
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Alyssa Valentine + Anselm Clinard | CA DRE# 01517618 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 12/7/2024