Back To Search
701 Glenoaks Boulevard
Glendale, CA 91202
Sold
701 Glenoaks Boulevard
Glendale, CA 91202
Sold
Marcus & Millichap is pleased to announce the opportunity to purchase 701 West Glenoaks Boulevard, a 6-unit multifamily property in an excellent Glendale, CA location. There are many smaller multifamily properties that line Glenoaks Boulevard, a major thoroughfare that travels through Glendale, Burbank and into east San Fernando Valley, however investment opportunities are rare along the corridor.Available at an attractive $332,500 per unit while similar properties have sold for an average of $368,000 per unit, the property provides a tremendous opportunity for an investor to acquire a property in one of the most desirable neighborhoods in Glendale. The opportunity for the implementation of renovations and a RUBS program can dramatically boost future income streams and the overall value of the asset.The property is comprised of two separate structures that include a two-story fourplex in the front that contains four 2 bed/1 bath units and a two-story duplex in the rear that contains a 1 bed/1 bath unit on the bottom, a large 2 bed/1 bath unit on top, and two private car garages. The units in the front are individually metered for gas and electric while the units in the rear are both on one gas and electric meter. Located at the northwest corner of Glenoaks Boulevard and Concord Avenue, residents are within walking distance of the local schools and the Metro and Glendale Beeline Bus stops. Glenoaks Boulevard is lined with many restaurants, retail shops and businesses and the provides tenants with ease of access to larger retail centers located at Glendale Galleria, The Americana of Glendale, The Burbank Town Center, and Empire Center of Burbank. The proximity to the 134 and 5 Freeways will provide tenants with an easy commute to nearby neighborhoods such as Burbank, Eagle Rock, Los Feliz, Downtown Los Angeles, Pasadena, and all areas of San Ferando Valley.
PROPERTY INFORMATION
| MLS # | 23291411 | Lot Size | 6,166 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,849,000
Price Per SqFt: $ 447 |
DOM | 678 Days |
| Address | 701 Glenoaks Boulevard | Type | Residential Income |
| City | Glendale | Sq.Ft. | 4,138 Sq. Ft. |
| Postal Code | 91202 | Garage | N/A |
| County | Los Angeles | Year Built | 1946 |
| Bed / Bath | 11 / 0 | Parking | 4 |
| Built In | 1946 | Status | Closed |
| Sold Date | 2023-10-24 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Washer Included, Dryer Included |
| Has Appliances | Yes |
| Kitchen Appliances | Microwave, Refrigerator |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,972
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/17/2023 | Listed | $1,995,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
Interested in buying or selling a home similar to 701 Glenoaks Boulevard?
Listing provided courtesy of Andy Anubhav Kawatra, Andy Anubhav Kawatra. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
