Duplex with Permitted
314 E Randolph ST, Glendale, CA 91207
For Sale
$2,050,000
A permitted accessory dwelling unit provides additional living space alongside an updated main residence.
Property Size3,508 SF
Price / SF$584.38
Days on Market184
Property Features for 314 E Randolph ST
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Amenities
patio area
outdoor seating areas
Building Details
Building Size
Year Built
Listing Agency:
Coldwell Banker Hallmark
Listed By:
Harout Aloyan · License CA #02044903
(818) 522-5280
Source:
Highend-estates
Added: May 11
Changed: Nov 7
Last Checked: Nov 9 at 6:20PM
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 Coldwell Banker Hallmark
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Investment Insights
Based on property information with market context.
This Glendale duplex includes a main residence with approximately 2,308 sq. ft. of living space and a permitted accessory dwelling unit with one bedroom, one bathroom, and approximately 800 sq. ft. The main home has an updated kitchen and bathrooms, new vinyl flooring, a new AC/heat system, and a tiled patio. A recreation room combined with the garage has kitchen cabinets, a stove, a refrigerator, and mini-split heating and cooling. The property was built in 1915 and also has a water filtration system, a large driveway, and outdoor seating areas.
Key Highlights
- Main residence offers approximately 2,308 sq. ft. of living space
- Permitted ADU includes one bedroom, one bathroom, and approximately 800 sq. ft.
- Built in 1915
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,035
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,520,700
$1.5M
Cap Rate 7%
$1,086,214
$1.1M
Cap Rate 9%
$844,833
$844.8K
Market Conditions
NOI Build-Up for 3,508 SF
Gross rent
$115.8K $33.00/SF
− Vacancy
−$7.1K −$2.04/SF
EGI
$108.6K $30.96/SF
− OpEx
−$32.6K −$9.29/SF
NOI
$76.0K $21.67/SF
Area
Glendale, CA
Vacancy
6.17%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,520,700
Cap Rate 7%
$1,086,214
Cap Rate 9%
$844,833
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$950.4K – $1.27M
NOI $76,035 @ 7.0% cap · market cap 3.71%
Second Best
Apartment 5plus
$943.2K
$825.3K – $1.10M
NOI $66,026 @ 7.0% cap · market cap 3.22%
Theoretical Best
Specialty Retail
$2.11M
$1.85M – $2.46M
NOI $147,686 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,247
Businesses Nearby
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Business Placement
Demographics for 91207, CA
10,369
Population
4,272
Households
2.4
Avg Household Size
47
Median Age
51%
College-Educated
95%
High-School Grad
1.6 sq mi
ZIP Area
6,481
Density / Sq Mi
$108,196
Median Household Income
$71,515
Median Earnings
$2,192
Median Rent
$1,246,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Los Angeles County, CA
Properties on Market for Duplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A permitted accessory dwelling unit provides additional living space alongside an updated main residence.
Where is this duplex located?
The property is located at 314 E Randolph ST Glendale, CA.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Main residence offers approximately 2,308 sq. ft. of living space; Permitted ADU includes one bedroom, one bathroom, and approximately 800 sq. ft.; Built in 1915
