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!
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DAYS ON MARKET
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21
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LAST UPDATED
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8/8/2024
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YEAR BUILT
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1941
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COMMUNITY
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Glendale-South of 134 Fwy
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COUNTY
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Los Angeles
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STATUS
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Sold
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PROPERTY TYPE(S)
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Residential Income
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| 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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Based on information from CRMLS as of 9/7/24 7:15 PM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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This IDX solution is (c) Diverse Solutions 2024.
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