1128 Irving Avenue
$1,825,000
6
5
2,902
2,902
$629
Sold 9/30/24
Description
With the majority of the units completely remodeled in recent years, the property offers improved cash flow along with a road map to add value to the remaining units. The property is not subject to Los Angeles Rent Control, instead allowing an investor to more rapidly increase rents via AB 1482. Featuring a separate two-bedroom house in front of a quadruplex, the property benefits from extensive upgrades in recent years. Remodeled units feature in-unit washer/dryers, updated kitchens and bathrooms,...With the majority of the units completely remodeled in recent years, the property offers improved cash flow along with a road map to add value to the remaining units. The property is not subject to Los Angeles Rent Control, instead allowing an investor to more rapidly increase rents via AB 1482. Featuring a separate two-bedroom house in front of a quadruplex, the property benefits from extensive upgrades in recent years. Remodeled units feature in-unit washer/dryers, updated kitchens and bathrooms, recessed lighting, and wood flooring. This location features strong tenant demographics, with several major employers nearby in both Glendale and Burbank. Walt Disney Studios, Warner Brothers Studios, Walt Disney Imagineering, and Dreamworks Animation are all within a short distance. The Los Angeles Zoo, Griffith Park, Universal Studios, and the Los Angeles Equestrian Center are all situated near the property as well. The high-end Americana at Brand and the remodeled Glendale Galleria are both a short drive from the property, as are the Burbank Town Center and Burbank Empire Shopping Center. The largest IKEA store in North America sits within blocks of the property, as do Trader Joe's, Ralphs, CVS, The Home Depot, and Smart & Final.
- Listed by Roderick 'Rick' Raymundo • DRE #01357019 • Brokerage DRE #01238010 • Marcus & Millichap
Property Details for 1128 Irving Avenue
Zoning
GLR4YY
Parcel Number5621040014
Total Units5.0
Living Area2902
Source Living AreaVendor Enhanced
AreaGlendale-Northwest (626)
Vacancy Rate0%
Lot Size Area6557
LISTING UPDATED: 10/02/2024 07:17 PM
Property Details for 1128 Irving Avenue
Status | Sold |
---|---|
MLS # | 24-427979 |
Days on Market | 44 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1925 |
Lot Size | 0.15 AC / 6,557 SF |
County | Los Angeles County |
Building Information for 1128 Irving Avenue
Stories2Residences-Year Built1925Building Size-Lot Size0.15 AC / 6,557 SF
Property Information for 1128 Irving Avenue
Property History for 1128 Irving Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1128 Irving Avenue
Taxable ValueLand$535,806Additions$805,984Total$1,341,790
Tax Record2024$15,307 ($1,276 / month)
Home Facts
Total Finished SqFt2,902 SqFtAbove Grade Finished SqFt2,902 SqFtLot Size6,558 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningGLR4YYCountyLOS ANGELESAPN5621-040-014
Schools near 1128 Irving Avenue
This home is within Glendale Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 6 |
Rating | School | Distance |
---|---|---|
Balboa Elementary School PublicK to 6 | ||
Eleanor J. Toll Middle School Public6 to 8 | ||
Herbert Hoover High School Public9 to 12 | ||
Benjamin Franklin Elementary School PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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