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    316 W Garfield Avenue

    Glendale, CA 91204
    • $1,495,000
    • STATUS: Active Under Contract
    • ON SITE: 84 days
    • ID#: SR20089184
    Under Contract
    UPDATED: 27 min ago
    $1,495,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,356
      SQFT
    • $445
      $/SQFT
    Type:
    Multi-Family
    Built:
    1915
    County:

    School Ratings & Info

    Description

    Fantastic investment opportunity! Great location. Fourplex located in the great City of Glendale. Zoning GLR2YY. Potential development opportunity on this large plot of land (10,512 Sq Ft approx). Main front house (316 W Garfield Ave) has five bedrooms and two bathrooms (by owner) on two floors and basement. In the rear are two detached buildings with a total of three (3) 1+1 units, plus garages converted w/p (extra income $800.00). Some new windows, roofs approximately 5 years old. Plenty of space for parking. Fresh plants and trees at the front of the property, storage, workshop, and fountain w/p. Property located close to Los Feliz, Frogtown and Glendale Galleria. Access to a lot of amenities, Glendale Blvd retailers, The Americana, Griffith Park, Los Angeles Zoo, Costco and Best Buy. Accessibility to Freeway 5 and 134. A lot of development activity in the City of Glendale.

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    Based on information from CRISNet MLS as of 2020-08-05T12:56:32.95. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-08-05T12:56:32.95. 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.
    www.randyplaice.com/homes/105796367
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    316 W Garfield Avenue Glendale, CA 91204

    • Price: $1,495,000
    • Status: Active Under Contract
    • Updated: 27 min ago
    • ID#: SR20089184
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    3,356
    SQFT
    $445
    $/SQFT
    1915
    Built
    Neighborhood:
    628 - Glendale-South Of 134 Fwy
    County:
    Los Angeles
    Area:
    628 - Glendale-South Of 134 Fwy
    Property Description
    Fantastic investment opportunity! Great location. Fourplex located in the great City of Glendale. Zoning GLR2YY. Potential development opportunity on this large plot of land (10,512 Sq Ft approx). Main front house (316 W Garfield Ave) has five bedrooms and two bathrooms (by owner) on two floors and basement. In the rear are two detached buildings with a total of three (3) 1+1 units, plus garages converted w/p (extra income $800.00). Some new windows, roofs approximately 5 years old. Plenty of space for parking. Fresh plants and trees at the front of the property, storage, workshop, and fountain w/p. Property located close to Los Feliz, Frogtown and Glendale Galleria. Access to a lot of amenities, Glendale Blvd retailers, The Americana, Griffith Park, Los Angeles Zoo, Costco and Best Buy. Accessibility to Freeway 5 and 134. A lot of development activity in the City of Glendale.
    Exterior Features

    Architectural Style See Remarks Construction Materials ConcreteDrywall WallsPlaster Entry Level 1 Entry Location Street Exterior Features Stable Fence YN No Fencing None Foundation Details See Remarks Levels TwoMulti/Split Lot Features 2-5 Units/AcreGardenLot 10000-19999 SqftPaved Lot Size Area 10512.0000 Number Of Rented Garages 3 Other Structures StorageWorkshop Parking Features Detached CarportConcretePaved Parking Total 3.00 Parking YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Shingle View None View YN No

    Interior Features

    Appliances None Appliances YN No Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Door Features Insulated Doors Fireplace Features Living RoomWood Burning Fireplace YN Yes Flooring See RemarksTile Heating Natural Gas Heating YN Yes Interior Features Tile Counters Laundry Features None Laundry YN No Room Type All Bedrooms UpSee Remarks Window Features Screens

    Property Features

    Accessibility Features None Additional Parcels YN No Association Amenities Other Community Features Street Lights Electric Standard Electric Expense 0.00 Fuel Expense 0.00 Garage Income 800.00 Gardener Expense 2400.00 Gross Income 85800.00 Gross Multiplier 16.26 Gross Operating Income 83226.00 Gross Scheduled Income 85800.00 Improvements Amount 285974 Improvements Percent 33.00 Insurance Expense 1500.00 Land Lease YN No Maintenance Expense 1800.00 Net Operating Income 57588.00 New Construction YN No New Taxes Expense 17438.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 25638.00 Operating Expense Percent 33.00 Pool Features None Pool Private YN No Professional Management Expense 0.00 Property Attached YN Yes Property Condition Termite Clearance Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Spa Features None Spa YN No Special Listing Conditions Standard Tax Annual Amount 9709.00 Tax Year 2019 Tenant Pays GasTelephone Total Expenses 25638.00 Trash Expense 0.00 Utilities Electricity ConnectedNatural Gas AvailableSewer Connected Water Sewer Expense 2500.00 Water Source Public Zoning Glr2yy

    Listing provided courtesy of Julio Pilco, CA DRE# , of Buena Vista Real Estate Group.


    Based on information from CRISNet MLS as of 2020-08-05T12:56:32.95. 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.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-08-05T12:56:32.95. 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.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355