339 Irving Ave Glendale, CA 91201
- Apartment buildings
- 6,740 SF
- 0.19 lot acres
Current Use by Public Records
- Don Chu Han Investment / Financial Planner
Property Details for 339 Irving Ave
- Year built
- 1987
- Construction
- WOOD
- Lot size
- 0.19 lot acres
- Property size
- 6,740 SF
- Zone code
- GLR3*
- Property type
- Apartment buildings
- APN
- 5625-010-022
- APU
- 5625010022
Description
This exceptional investment opportunity presents a six-unit multifamily property situated on a tranquil street in desirable Glendale, California. The property encompasses a substantial 6,740 square feet and sits on a 0.19-acre lot. The building comprises two three-bedroom, two-bathroom units and four two-bedroom, two-bathroom units, each equipped with its own individual water heater. All units boast hardwood floors and include essential appliances such as a refrigerator, range, and oven. Resident convenience is enhanced by an on-site community laundry room. A small side yard adds to the property's appeal. Currently, one unit is vacant, presenting immediate potential for increased rental income. The property's strong location, desirable unit features, and the availability of a vacant unit combine to create a compelling investment prospect with significant upside potential. This is a rare opportunity to acquire a well-maintained multifamily property in a highly sought-after Glendale neighborhood. The property's solid construction and desirable amenities make it an attractive option for both seasoned investors and those new to the market. Don't miss this chance to secure a valuable asset in a thriving California market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $560,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $630,000
- 6.5%
- $660,000
- 7%
- $575,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $545,000
- Geo Method
- $550,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $640,000
- Retail
- $505,000
- Mixed-Use
- $570,000
- Hospitality
- $575,000
- Educational
- $555,000
- Residential Income
- $695,000
- Energy
- $530,000
- Income-Based Land
- $600,000
- Food Service
- $705,000
Location Insight
- Map
- Local Demand
- City
- Glendale
- County
- Los Angeles
- State
- California
- Longitude
- -118.302
- Latitude
- 34.1646
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA