616 E Lomita Avenue new

Glendale,CA 91205

$ 3374000

8 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25025342

Bedrooms 8

Lot Size 0.324 Acres

Property Description

Presenting a fully renovated 8-unit apartment building alongside a separately metered three-bedroom, 1.5-bathroom single-family residence spanning over 1,200 sq. ft. This unique offering provides versatilityideal for an owner-user seeking rental income or an investor acquiring a 9-unit income property with potential future development opportunities. The property owner has preliminary plans for a proposed three-story, 11-unit apartment development (buyer to verify all feasibility and requirements with the city). Apartment Complex (616-618 E Lomita Ave.) and single-family residence (622 E. Lomita Ave.) are to be sold together. Please do not disturb tenants or access the property without prior authorization. All offers are subject to interior inspection. For further details, contact the listing office.
Presenting a fully renovated 8-unit apartment building alongside a separately metered three-bedroom, 1.5-bathroom single-family residence spanning over 1,200 sq. ft. This unique offering provides versatilityideal for an owner-user seeking rental income or an investor acquiring a 9-unit income property with potential future development opportunities. The property owner has preliminary plans for a proposed three-story, 11-unit apartment development (buyer to verify all feasibility and requirements with the city). Apartment Complex (616-618 E Lomita Ave.) and single-family residence (622 E. Lomita Ave.) are to be sold together. Please do not disturb tenants or access the property without prior authorization. All offers are subject to interior inspection. For further details, contact the listing office.

Location

State CA

County Los Angeles

Area Glendale (91205)

Zoning Appraiser

Building

Lot Description Curbs,Sidewalks

Story 2

Others

Acceptable Financing Conventional

Space Rent $2,627

Listing Terms Conventional

View More
Favorite Go Tour