601 Alexander Street

Glendale, CA 91203

$920,000

Sold Price
3

bed Beds

3

shower Baths

1,575 sqft

straighten / sqft

1941

calendar_month Built

Property Description

Charming value-add triplex investment property located in the Vineyard neighborhood of Glendale. The single-story triplex, built in 1941, offers a total of 1,575 square feet of living space, with each offering 525 square feet on average. The building features three 1-bedroom /1-bath units, which are currently occupied by long term tenants. There is also a non-conforming studio unit behind the garage that is being held vacant (requires plumbing repairs). The property offers three single-car garages along with three uncovered parking spaces, one per each unit. 601 Alexander St sits on a 0.13 Acre R4 zoned lot, and with ~105% upside on the current rents, it is a prime value-add opportunity in a fantastic SoCal rental market!

Listing Information

Close Price $920,000
Close Date Wednesday, August 7th, 2024
Status Closed
MLS 24416649
Type Residential Income
Year Built 1941
Lot Size 5,638
Structure Size 1,575
DOM 7
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent Jake Glaser DRE#02128816

Interior Features

Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 3

Exterior Information

Maps

Listing information courtesy of: Jake Glaser, Lyon Stahl Investment Real Estate, Inc. 310-230-5157. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 8th, 2024 at 7:53 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.