1137 & 1141 Irving Ave Multi-Family FOR SALE


Glendale, CA - Grandview
$4,500,000 USD
818-919-0282
, Glendale, CA for Sale
$4,500,000 USD
Multi-Family - FOR SALE
1/12
null | 4.33% Cap Rate

1137 & 1141 Irving Ave
Glendale, CA
Grandview


HIGHLIGHTS

  • 10 Units | Two Adjacent 5-Unit Buildings
  • 100% Occupied —Stable In-Place Income
  • Spacious 2BR Townhome-Style Floor Plans
  • Built 1964 · 10,896 SF Across Two Parcels
  • Below-Market Rents — $2,468 Avg to $2,750 Pro
  • Grandview, Glendale — Near I-5, SR-134 & Burbank

OVERVIEW

Built in 1964 and totaling 10,896 square feet across two parcels, the buildings share a common driveway with tuck-under parking and feature spacious, townhome-style floor plans — predominantly two-bedroom, with two three-bedrooms. The property is 100% occupied, producing $24,680 in monthly income and stable day-one cash flow, with coin laundry at both buildings as a secondary income stream. The two-parcel configuration and existing site layout also present potential ADU opportunities under California's multifamily ADU statutes, subject to buyer verification with the City of Glendale. Grandview sits in northwest Glendale bordering Burbank, minutes from Downtown Glendale and the Americana at Brand, the Media District's Disney and Warner Bros. campuses, and I-5 and SR-134 access

ASK ABOUT THIS PROPERTY

Brent BallardBallard & Ballard Real Estate-eXpMore Info
818-919-0282

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Brent BallardBallard & Ballard Real Estate-eXpMore Info
818-919-0282

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