Stabilized Six-Unit Multifamily
2618 Glendale Los Angeles, CA 90039
2618 Glendale, Los Angeles, CA, 90039
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For Sale
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Six-unit property with four 2-bedroom units and two newly built ADUs, separately metered for straightforward operations.
Days on Market17
Property Features for 2618 Glendale
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency
Homesmart Evergreen Realty
Listed by
Ann Marie Uy · License #01712288
Source
Crexi
Added: Jul 1 Checked: Jul 14 at 10:58 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homesmart Evergreen Realty
Investment Insights
Based on property information with market context.
This stabilized six-unit multifamily property includes a front building with four units and two newly constructed ADUs in the rear, completed in 2024. The unit mix is comprised of four 2-bedroom units and two 1-bedroom units. Two of the front units have been renovated with new cabinetry, updated flooring, and in-unit laundry. The rear ADUs offer modern layouts and low-maintenance new construction.
The property is located along Glendale Boulevard in Silver Lake, near Whole Foods and a variety of popular restaurants and coffee shops. Ownership has maintained the building, and the site is also positioned near Ivanhoe Elementary School and John Marshall High School.
For investors or owner-operators seeking a small, manageable income asset, the separate metering structure may support cleaner utility administration: gas and electricity are fully separately metered, and water is separately metered for the ADUs. The front building water can be possibly implemented via RUBS, and the overall configuration offers a straightforward path to modernize additional space where needed. The current residential setup is well-suited to tenants looking for 1-bedroom and 2-bedroom options within a mixed front-and-rear arrangement.
The property is located along Glendale Boulevard in Silver Lake, near Whole Foods and a variety of popular restaurants and coffee shops. Ownership has maintained the building, and the site is also positioned near Ivanhoe Elementary School and John Marshall High School.
For investors or owner-operators seeking a small, manageable income asset, the separate metering structure may support cleaner utility administration: gas and electricity are fully separately metered, and water is separately metered for the ADUs. The front building water can be possibly implemented via RUBS, and the overall configuration offers a straightforward path to modernize additional space where needed. The current residential setup is well-suited to tenants looking for 1-bedroom and 2-bedroom options within a mixed front-and-rear arrangement.
Key Highlights
- Stabilized six‑unit multifamily at 2618 and 2616 Glendale Blvd with four 2‑bedroom units and two 1‑bedroom units
- Rear ADUs completed in 2024 with modern layouts and newly constructed, low‑maintenance design
- Two front units renovated with new cabinetry, updated flooring, and in‑unit laundry
Property Analytics
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Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Six-unit property with four 2-bedroom units and two newly built ADUs, separately metered for straightforward operations.
Where is this apartment building located?
The property is located at 2618 Glendale Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,690,000.
What are key features of this property?
This property features: Stabilized six‑unit multifamily at 2618 and 2616 Glendale Blvd with four 2‑bedroom units and two 1‑bedroom units; Rear ADUs completed in 2024 with modern layouts and newly constructed, low‑maintenance design; Two front units renovated with new cabinetry, updated flooring, and in‑unit laundry
