119 S Adams St - Multi-Family FOR SALE


Glendale, CA 91205- Citrus Grove
$1,259,000 USD
626-833-9697

NO PHOTO

$1,259,000 USD
Multi-Family - FOR SALE
null | Request Cap Rate

119 S Adams St
Glendale, CA 91205
Citrus Grove


OVERVIEW

EXCEPTIONAL MULTI-UNIT & MULTI-GENERATIONAL PROPERTY IN THE HEART OF GLENDALE Built in 1920, this distinctive Glendale property offers historic character, flexible living arrangements, abundant parking, and exceptional potential in a highly walkable location approximately one mile from The Americana at Brand and Downtown Glendale. Originally designed as a single-family residence, the main house is currently configured as two living units, complemented by a detached one-bedroom guest house. This property is a fixer. MAIN HOUSE – LOWER UNIT: The lower unit features a primary bedroom with attached bath and walk-in closet, an additional bedroom with walk-in closet, second full bath, full kitchen with breakfast nook, formal dining room, and spacious front living room showcasing original 1920s crown molding with integrated picture rails, original wood built-ins, and a beautiful Batchelder tile fireplace. A concealed laundry area, basement storage, sewing room and attic up stairwell off of dining room. Large backyard with mature shade trees completes the space. MAIN HOUSE – UPPER UNIT: The upper unit includes an oversized bedroom with walk-in closet, full bath, living room, kitchen, dining nook, and private exterior stairway access. A large attic provides exciting potential for additional finished space, subject to applicable requirements. DETACHED GUEST HOUSE: The one-bedroom guest house includes a full bath, kitchen, dining/living room, and dedicated laundry. Adding to the property's character, the guest house originally served as the owners' home while they waited for the main residence to be completed. GARAGE, WORKSHOP & PARKING: A two-car garage with attached workshop and alley access is located at the rear, along with three additional parking spaces. The garage/workshop may offer future ADU conversion potential. This is a Trust Sale and two of the three units are vacant The property's versatile configuration offers numerous possibilities for multi-generational living, extended family, owner-occupied investment, rental income, or reconfiguration into an expansive single-family residence with a detached guest house. Convenient freeway access makes commuting throughout Glendale and greater Los Angeles easy, while nearby shopping, dining, parks, and entertainment add to this central location. A rare opportunity to own a piece of Glendale history with original architectural details, multiple living spaces, substantial storage, abundant parking, and significant future potential.

FOR SALE DETAILS

PRICE

$1,259,000 USD

PRICE/SF

$404 USD /SF

# OF UNITS

3

PRICE/UNIT

$419,667

CAP RATE

Request Cap Rate

% LEASED

33%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Adams Street

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,480 SF

ZONING

R2250

APN/PARCEL ID

5674-011-020

ASK ABOUT THIS PROPERTY

Bill DavisBill DavisMore Info
626-833-9697

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Bill DavisBill DavisMore Info
626-833-9697

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.