59
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$1,095,000
Est. payment /mo
4 Beds
2 Baths
8,372 Sqft Lot
Active
724 E Acacia Avenue Glendale, CA 91205
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25078128
Bedrooms 4
HOA Y/N No
Lot Size 8,372 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
**Updated Duplex with Development Potential in Prime Glendale (91205)** An incredible investment opportunity awaits with this fully updated duplex, perfectly situated in one of Glendales most desirable neighborhoods. Sitting on a generous 8,369 sq ft lot, this property features two spacious 2-bedroom, 1-bathroom unitseach thoughtfully renovated and move-in ready. Zoned GLR4YY, the lot offers multiple options for development, including the potential to build up to 5 units. **This property can also be purchased together with the adjacent single-family home (722 E Acacia), creating a rare chance to develop up to 10 units across both parcels.** Current plans for a 10-unit project have already been submitted to the City of Glendale and are pending correctionsgiving investors a valuable head start. Both units are currently tenant-occupied on a month-to-month basis, with the option to be delivered either occupied or vacant at close of escrowoffering flexibility for both investors and owner-users. Located just minutes from downtown Glendale, the Americana at Brand, schools, shopping, and major freeways, this property checks all the boxes for rental income, redevelopment, or a strategic long-term hold. Dont miss this rare dual-parcel opportunity in a high-demand area!
**Updated Duplex with Development Potential in Prime Glendale (91205)** An incredible investment opportunity awaits with this fully updated duplex, perfectly situated in one of Glendales most desirable neighborhoods. Sitting on a generous 8,369 sq ft lot, this property features two spacious 2-bedroom, 1-bathroom unitseach thoughtfully renovated and move-in ready. Zoned GLR4YY, the lot offers multiple options for development, including the potential to build up to 5 units. **This property can also be purchased together with the adjacent single-family home (722 E Acacia), creating a rare chance to develop up to 10 units across both parcels.** Current plans for a 10-unit project have already been submitted to the City of Glendale and are pending correctionsgiving investors a valuable head start. Both units are currently tenant-occupied on a month-to-month basis, with the option to be delivered either occupied or vacant at close of escrowoffering flexibility for both investors and owner-users. Located just minutes from downtown Glendale, the Americana at Brand, schools, shopping, and major freeways, this property checks all the boxes for rental income, redevelopment, or a strategic long-term hold. Dont miss this rare dual-parcel opportunity in a high-demand area!
**Updated Duplex with Development Potential in Prime Glendale (91205)** An incredible investment opportunity awaits with this fully updated duplex, perfectly situated in one of Glendales most desirable neighborhoods. Sitting on a generous 8,369 sq ft lot, this property features two spacious 2-bedroom, 1-bathroom unitseach thoughtfully renovated and move-in ready. Zoned GLR4YY, the lot offers multiple options for development, including the potential to build up to 5 units. **This property can also be purchased together with the adjacent single-family home (722 E Acacia), creating a rare chance to develop up to 10 units across both parcels.** Current plans for a 10-unit project have already been submitted to the City of Glendale and are pending correctionsgiving investors a valuable head start. Both units are currently tenant-occupied on a month-to-month basis, with the option to be delivered either occupied or vacant at close of escrowoffering flexibility for both investors and owner-users. Located just minutes from downtown Glendale, the Americana at Brand, schools, shopping, and major freeways, this property checks all the boxes for rental income, redevelopment, or a strategic long-term hold. Dont miss this rare dual-parcel opportunity in a high-demand area!
Location
State CA
County Los Angeles
Area Glendale (91205)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Monthly Total Fees $28
Acceptable Financing Cash, Conventional
Space Rent $2,750
Listing Terms Cash, Conventional
Listed by Jerry Armen • Team Rock Properties