23
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$2,990,000
Est. payment /mo
4 Beds
4 Baths
7,159 Sqft Lot
New
616 E Lomita 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 BB25132103
Bedrooms 4
HOA Y/N No
Lot Size 7,159 Sqft
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 Assessor
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $54
Acceptable Financing Conventional, Exchange
Space Rent $2,627
Listing Terms Conventional, Exchange
Listed by Thomas Khodjasarian • Sarian Realty