Glendale, CA 91205,724 E Acacia Avenue
Glendale, CA 91205,724 E Acacia Avenue
Glendale, CA 91205,724 E Acacia Avenue
Glendale, CA 91205,724 E Acacia Avenue
Glendale, CA 91205,724 E Acacia Avenue
Glendale, CA 91205,724 E Acacia Avenue
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$ 1,095,000
Est. payment | /mo

4 Beds

2 Baths

8,372 Sqft Lot


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$ 1,095,000
Est. payment | /mo
Save

4 Beds

2 Baths

8,372 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Contingent

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!

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

San Diego Regional MLS (SDMLS)
Listed by Jerry Armen • Team Rock Properties
agent
Michael Mourad

Agent | License ID: 01947942

+1(619) 961-8444 | mike@mikemouradrealestate.com

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724 E Acacia Avenue