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$675,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
|
0 |
$1,457 |
1973 |
|
On the market:
2 days
|
View full details, photos, school info, and price history
Positioned minutes from Historic Downtown Glendale, this four-unit property offers strong in-place cash flow with clear upside in a character-rich submarket. The asset features a front single-family home and rear triplex, creating a diversified income stream. All units are single-story with washer/dryer hookups, functional layouts, and private patios, supporting tenant retention.
Current gross income is $4,335/month, with triplex units averaging ~$1,030 and the front home at $1,250. Market comps support rent growth to $1,200-$1,250 (triplex) and $1,300-$1,375 (house), providing a clear path to increased NOI.
Located near Downtown Glendale, Murphy Park, and Westgate Entertainment District, the property benefits from strong tenant demand and long-term growth potential.
Listing courtesy of Cody Leslie, Orion Investment Real Estate