Glendale, CA 91201,1046 Western AVE
Glendale, CA 91201,1046 Western AVE
Glendale, CA 91201,1046 Western AVE
13
$1,000,000
$999,000
0.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

7,431 Sqft Lot

1046 Western AVE Glendale, CA 91201

Est. payment /mo
SOLD DATE : 04/22/2022

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,000,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID GD22031481

Sold Date 04/22/22

HOA Y/N No

Year Built 1918

Lot Size 7,431 Sqft

Property Sub-Type Triplex

Property Description

We are pleased to present 1046 Western Avenue in Glendale, California, a well-maintained duplex plus an older single family residence structure situated on a large 7,400 square foot parcel. This property presents a development opportunity when purchased with the adjacent property at 1050 Western Avenue. The Subject site is approximately 1,855 square feet (according to assessor date) and includes a duplex with 1 bedroom and 1 bathroom in each unit. These existing units can easily garner a much higher market rent with little effort. The older structure will likely need to be either rebuilt or torn down per Glendale requirements and code.

The property is in a great location with frontage on Western Avenue just south of Glenoaks and north of San Fernando Road. It is centrally located between Burbank and Glendale and includes easy freeway access.

Directly adjacent to the property is 1050 Western Avenue, which includes a 2-bedroom 1-bathroom single family residence, a detached garage, a long driveway and an expansive back yard all situated on a 7,750 square foot parcel. When combined with the Subject Property the total lot size will be over 15,180 square feet with a width of approximately 97' on Western Avenue. This wide linear frontage is important, as Glendale provides bonus density for lots which have frontage wider than 90-feet. All Buyers and investors are encouraged to conduct their own research regarding the construction potential of these properties; the opportunity to build multiple units is possible for a developer or investor to take advantage and build a generational legacy project.

Ownership would prefer to sell both 1050 Western Avenue and 1046 Western Avenue together and close simultaneously. The two properties are being sold in their AS IS WHERE IS condition. Call the listing agent for additional details or to set up a tour.

Location

State CA

County Los Angeles

Area 626 - Glendale-Northwest

Zoning GLR4YY

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Pool None

Community Features Biking, Storm Drain(s), Street Lights, Sidewalks, Urban

Total Parking Spaces 6

Private Pool No

Building

Lot Description 2-5 Units/Acre, Level, Rectangular Lot, Street Level, Value In Land

Story One

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5623025023

Acceptable Financing Cash, Cash to New Loan, Conventional, Owner May Carry

Listing Terms Cash, Cash to New Loan, Conventional, Owner May Carry

Financing Private

Special Listing Condition Standard

Read Less


California Regional MLS (CRMLS)
Listed by Kirk Garabedian • Keller Williams R.E. Services
Bought with Kirk Garabedian • Keller Williams R.E. Services

GET MORE INFORMATION

agent

Team "Donut Guy"

Agent | License ID: 02024855

+1(818) 336-8567

Name
Phone*
Message