1700 Del Valle Avenue
$2,700,000
12
9
8,252
8,252
$327
Description
We are pleased to present the opportunity to acquire 1700 Del Valle Ave, an 8-unit multifamily property located in the desirable Verdugo Woodlands neighborhood of Glendale. Built in 1948, 1700 Del Valle is situated on a generous 12,676 square feet of land and zoned R1650. The property boasts 8,252 square feet of living space consisting of five 1 bed/1 bath, two 2 bed/1 bath, & one 3 bed/2 bath units. With the two 2-bedroom units currently vacant, an investor can immediately add value through renovations...We are pleased to present the opportunity to acquire 1700 Del Valle Ave, an 8-unit multifamily property located in the desirable Verdugo Woodlands neighborhood of Glendale. Built in 1948, 1700 Del Valle is situated on a generous 12,676 square feet of land and zoned R1650. The property boasts 8,252 square feet of living space consisting of five 1 bed/1 bath, two 2 bed/1 bath, & one 3 bed/2 bath units. With the two 2-bedroom units currently vacant, an investor can immediately add value through renovations and achieve market rents while also benefiting from an additional 16% upside across the remaining units. With on-site laundry and an implemented utility bill-back program, the property is perfectly situated to maximize income for a potential investor. There are eight parking spaces that include three private garage spaces and a five-vehicle carport, providing the potential for an investor to add ADUs. With its impeccable location just south of the vibrant Montrose Village Square & minutes away from Glendale Community College, the property continues to attract a strong renter pool due to its quiet residential feel and convenient location. Its proximity to the 2, 134, and 210 freeways provides residents with convenient access to surrounding neighborhoods of Burbank, Pasadena, Eagle Rock and Downtown Los Angeles.
- Listed by Sevak Keshishian • DRE #01887505 • Brokerage DRE #01238010 • Marcus & Millichap
Property Details for 1700 Del Valle Avenue
Zoning
R1650
Parcel Number5653013009
Total Units8.0
Living Area8252
Source Living AreaVendor Enhanced
AreaRossmoyne & Verdugo Woodlands
Vacancy RateYes
Lot Size Area12676
LISTING UPDATED: 11/13/2024 08:00 AM
Property Details for 1700 Del Valle Avenue
Status | Active |
---|---|
MLS # | 24-462817 |
Days on Market | 5 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1948 |
Lot Size | 0.29 AC / 12,676 SF |
County | Los Angeles County |
Building Information for 1700 Del Valle Avenue
Stories3Residences-Year Built1948Building Size-Lot Size0.29 AC / 12,676 SF
Property Information for 1700 Del Valle Avenue
Property History for 1700 Del Valle Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1700 Del Valle Avenue
Taxable ValueLand$1,160,084Additions$302,437Total$1,462,521
Tax Record2024$17,122 ($1,427 / month)
Home Facts
Total Finished SqFt8,252 SqFtAbove Grade Finished SqFt8,252 SqFtLot Size12,580 SqFtStyleMulti-Family Res (5+ Units)Year Built1948ZoningGLR4-L*CountyLOS ANGELESAPN5653-013-009
Schools near 1700 Del Valle 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 - | 7 to 10 |
Rating | School | Distance |
---|---|---|
Verdugo Woodlands Elementary School PublicK to 6 | ||
Woodrow Wilson Middle School Public6 to 8 | ||
Glendale High School Public9 to 12 | ||
Jewel City Community Day School Public7 to 10 |
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.