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$1,845,000

Est. payment - /mo

7,509 Sqft Lot

Price Dropped by $150K

536 Concord ST Glendale, CA 91203

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Chris Mardelli

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25015399

HOA Y/N No

Year Built 1950

Lot Size 7,509 Sqft

Property Sub-Type Quadruplex

Property Description

Welcome to 536 Concord, a highly desirable 6-unit property situated on a corner lot in Glendale. This rare investment opportunity features two buildings with a total of six units, offering comfortable living spaces and significant income potential. Two units are currently vacant, presenting an excellent opportunity for immediate occupancy or value-add upgrades, while the remaining units provide consistent rental income.

The property also includes four side-by-side garages, offering incredible potential for ADU conversion. Their layout makes them ideal for constructing one or two ADUs, or even a larger ADU, depending on your vision. Two of the garages are currently unused, and the other two are leased under separate agreements from the tenants' primary leases, providing additional income flexibility.

This corner-lot property boasts excellent visibility and accessibility, enhancing its appeal to tenants. It also features separate utility meters, ensuring efficient management for the owner. With its prime location near top-rated schools, shopping, dining, and major freeways, 536 Concord offers both convenience and strong tenant demand.

Whether you're an investor seeking to expand your portfolio or looking for a versatile property with current and future income opportunities, this property is a must-see. Don't miss the chance to capitalize on this rare opportunity in one of Glendale's most sought-after neighborhoods. Schedule your private tour today!

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLR4YY

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Parking Features Driveway, Garage

Garage Spaces 4.0

Garage Description 4.0

Fence Wood

Pool None

Community Features Biking, Curbs, Park, Storm Drain(s), Street Lights, Suburban, Sidewalks, Valley

Utilities Available Cable Available, Electricity Available, Natural Gas Available

View Y/N Yes

View Hills

Roof Type Shingle

Total Parking Spaces 8

Private Pool No

Building

Lot Description 6-10 Units/Acre, Sprinklers In Front, Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5638010025

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

Virtual Tour https://540concord.studeodigital.com/

Listed by Cameron Hunter • Media West Realty,Inc. • soldbythehunters@gmail.com

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