601 Alexander Street, Glendale, CA 91203

About this property

Charming value-add triplex investment property located in the Vineyard neighborhood of Glendale. The single-story triplex, built in 1941, offers a total of 1,575 square feet of living space, with each offering 525 square feet on average. The building features three 1-bedroom /1-bath units, which are currently occupied by long term tenants. There is also a non-conforming studio unit behind the garage that is being held vacant (requires plumbing repairs). The property offers three single-car garages along with three uncovered parking spaces, one per each unit. 601 Alexander St sits on a 0.13 Acre R4 zoned lot, and with ~105% upside on the current rents, it is a prime value-add opportunity in a fantastic SoCal rental market!

Listing description from the August 2024 sale, as reported to CRMLS.

Sale history

$920,000

Sold August 2024 · listed $1,000,000, on market July 2024 · MLS #24416649 · Source: CRMLS

Listing Agent: Jake Glaser · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Jake Glaser · Lyon Stahl Investment Real Estate, Inc.

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