1414 DIXON Street

Glendale, CA 91205

$1,305,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $305 / sqft

1927

calendar_month Built

Property Description

Your dream fourplex: NO RENT CONTROL with updated, turn-key, oversized units on a giant lot! Stay current with skyrocketing Glendale rents. Development opportunity to massively increase the value or enjoy current substantial cashflow (easily 20% under market). It's the rare property with multiple positive options. Nearby expanding animation studios, trendy Atwater Village, and Americana at Brand (the Glendale Grove) on a quiet, tree-lined residential street. Updated copper plumbing, electric and sewer. Three of four garages are vacant for new owner. All units with private washer/dryer hookups. Landlord owns most appliances. Actual 4.85 CAP on current rents with immediate rent raises available on three under-market units. Don't miss this truly rare chance!

Listing Information

Close Price $1,305,000
Close Date Friday, March 11th, 2016
Status Closed
MLS 16973281
Type Residential Income
Year Built 1927
Lot Size 10,000
Structure Size N/A
DOM 43
Courtesy Of Coldwell Banker Residential Br
Listing Agent David Brundige DRE#01926420

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate, Wood

Exterior Information

Maps

Listing information courtesy of: David Brundige, Coldwell Banker Residential Br . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 15th, 2016 at 12:19 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.