1700 Del Valle AVE, Glendale, CA 91208 – 24462817

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Maria Toscano

maria@mariatoscano.com +1(619) 787-6997

$ 2,700,000

Est. payment -/mo

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Active Under Contract

1700 Del Valle AVE Glendale, CA 91208

12 Beds

9 Baths

8,252 SqFt

UPDATED:

12/07/2024 10:30 AM

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 8,252 sqft

Price per Sqft $327

MLS Listing ID 24462817

Bedrooms 12

HOA Y/N No

Year Built 1948

Lot Size 0.291 Acres

Property Description

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.

Location

State CA

County Los Angeles

Area 627 - Rossmoyne & Verdu Woodlands

Zoning R1650

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Disposal

Exterior

Parking Features Detached Carport

Garage Spaces 3.0

Carport Spaces 5

Garage Description 3.0

Attached Garage No

Total Parking Spaces 8

Building

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5653013009

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

Listed by Sevak Keshishian • Marcus & Millichap

Maria Toscano

Broker Associate | License ID: 01002715

+1(619) 787-6997

Maria Toscano

1700 Del Valle AVE Glendale, CA 91208

Key Details

Location

Interior

Exterior

Building

Others

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1700 Del Valle AVE