1414 DIXON Street, Glendale, CA 91205

• Sold Price : $1,305,000
• Beds : N/A
  
• Baths : N/A
  
• Property Size : N/A sqft
  
• Year Built : 1927
  

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!

Interior Features

Listing Information

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.