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640 Ivy Street

Glendale, CA 91204
  • $2,690,000
  • STATUS: ACTIVE
  • ON SITE: 167 Days
  • ID#: SR24208614
UPDATED: 70 min ago
$2,690,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

We are pleased to be retained as the exclusive agents for this 6-unit multifamily investment offering in Glendale Ca. Comprised of a remarkable unit mix, 2 blocks to Americana at Brand, and individual hot water heaters. (5) of the 6 units are remodeled, 2 units are townhouse style and several HVAC units have been replaced. At 13.7 GRM this is a great turnkey offering with additional rental upside potential. Multiple storage closets can potentially generate additional revenue streams and there might be potential to incorporate an ADU, buyer to confirm. We are pleased to be retained as the exclusive agents for this 6-unit multifamily investment offering in Glendale Ca. Comprised of a remarkable unit mix, 2 blocks to Americana at Brand, and individual hot water heaters. (5) of the 6 units are remodeled, 2 units are townhouse style and several HVAC units have been replaced. At 13.7 GRM this is a great turnkey offering with additional rental upside potential. Multiple storage closets can potentially generate additional revenue streams and there might be potential to incorporate an ADU, buyer to confirm.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.coastalhomesbytiffany.com/homes/156579169
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640 Ivy Street Glendale, CA 91204

  • Price: $2,690,000
  • Status: ACTIVE
  • On Site: 167 Days
  • Updated: 70 min ago
  • ID#: SR24208614
4
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighborhood:
Glendale (91204)
County:
Los Angeles
Area:
Glendale (91204)
Property Description
We are pleased to be retained as the exclusive agents for this 6-unit multifamily investment offering in Glendale Ca. Comprised of a remarkable unit mix, 2 blocks to Americana at Brand, and individual hot water heaters. (5) of the 6 units are remodeled, 2 units are townhouse style and several HVAC units have been replaced. At 13.7 GRM this is a great turnkey offering with additional rental upside potential. Multiple storage closets can potentially generate additional revenue streams and there might be potential to incorporate an ADU, buyer to confirm. We are pleased to be retained as the exclusive agents for this 6-unit multifamily investment offering in Glendale Ca. Comprised of a remarkable unit mix, 2 blocks to Americana at Brand, and individual hot water heaters. (5) of the 6 units are remodeled, 2 units are townhouse style and several HVAC units have been replaced. At 13.7 GRM this is a great turnkey offering with additional rental upside potential. Multiple storage closets can potentially generate additional revenue streams and there might be potential to incorporate an ADU, buyer to confirm.
Exterior Features

Pool N/K

Interior Features

Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 3

Property Features

Annual Expense Actual 49728 Buildings 1 Cfd Mello Roos Fee 957.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 196200 Monthly Total Fees 79 Terms Cash Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 2650.0 Unit2 Rent Actual 2700.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Levon Alexanian of Keller Williams World Media Center: 818-239-1206. Listing information © 2025 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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Tiffany Torgan | Prestige Properties Enterprises
7855 Ivanhoe Ave. Suite 210
La Jolla CA, 92037