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$ 3,374,000
Est. payment /mo
Active
616 E Lomita Avenue Glendale, CA 91205
8 Beds
4 Baths
0.32 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25025342
Bedrooms 8
HOA Y/N No
Lot Size 0.324 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Presenting a fully renovated 4-unit apartment building with 4 additional ADU's with separate addresses alongside a separately metered three-bedroom, 1.5-bathroom single-family residence spanning over 1,200 sq. ft. This unique offering provides versatilityideal for an owner-user seeking rental income or an investor acquiring a 9-unit income property with potential future development opportunities. The property owner has preliminary plans for a proposed three-story, 11-unit apartment development (buyer to verify all feasibility and requirements with the city). Apartment Complex (616-618 E Lomita Ave.) and single-family residence (622 E. Lomita Ave.) are to be sold together. Please do not disturb tenants or access the property without prior authorization. All offers are subject to interior inspection. For further details, contact the listing office.
Presenting a fully renovated 4-unit apartment building with 4 additional ADU's with separate addresses alongside a separately metered three-bedroom, 1.5-bathroom single-family residence spanning over 1,200 sq. ft. This unique offering provides versatilityideal for an owner-user seeking rental income or an investor acquiring a 9-unit income property with potential future development opportunities. The property owner has preliminary plans for a proposed three-story, 11-unit apartment development (buyer to verify all feasibility and requirements with the city). Apartment Complex (616-618 E Lomita Ave.) and single-family residence (622 E. Lomita Ave.) are to be sold together. Please do not disturb tenants or access the property without prior authorization. All offers are subject to interior inspection. For further details, contact the listing office.
Presenting a fully renovated 4-unit apartment building with 4 additional ADU's with separate addresses alongside a separately metered three-bedroom, 1.5-bathroom single-family residence spanning over 1,200 sq. ft. This unique offering provides versatilityideal for an owner-user seeking rental income or an investor acquiring a 9-unit income property with potential future development opportunities. The property owner has preliminary plans for a proposed three-story, 11-unit apartment development (buyer to verify all feasibility and requirements with the city). Apartment Complex (616-618 E Lomita Ave.) and single-family residence (622 E. Lomita Ave.) are to be sold together. Please do not disturb tenants or access the property without prior authorization. All offers are subject to interior inspection. For further details, contact the listing office.
Location
State CA
County Los Angeles
Area Glendale (91205)
Zoning Appraiser
Building
Lot Description Curbs, Sidewalks
Story 2
Others
Acceptable Financing Conventional
Space Rent $2,627
Listing Terms Conventional
Listed by Thomas Khodjasarian • Sarian Realty