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!
DAYS ON MARKET
|
21
|
LAST UPDATED
|
8/8/2024
|
YEAR BUILT
|
1941
|
COMMUNITY
|
Glendale-South of 134 Fwy
|
COUNTY
|
Los Angeles
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AREA |
Glendale-South of 134 Fwy |
GARAGE |
Door-Multi, Garage, Uncovered, Yes |
HEAT |
Natural Gas |
LOT |
5638 sq ft |
PARKING |
Door-Multi,Garage,Uncovered |
STORIES |
1 |
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Listed with Lyon Stahl Investment Real Estate, Inc.
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