2616-2618 Glendale Boulevard

Los Angeles, CA 90039

$2,900,000
Price
10
Beds
6
Baths
4,180 Sq. Ft.
$694 / Sq. Ft.
4,180
Sq. Ft.
$694
per Sq. Ft.

Description

Great opportunity to own a large newly renovated residential income property. This property is in Silver Lake located close to many shops and restaurants including Whole Foods and Starbucks. Totaling 6 separate units, 10 bedrooms, 6 bathrooms and 4180 sqft of living space. 4 units have already been completely renovated with newer kitchens, bathrooms, appliances, floors, windows, tankless water heaters, ceiling fans and mini splints for AC and heating. These 4 completely renovated units are 2 bedrooms...Great opportunity to own a large newly renovated residential income property. This property is in Silver Lake located close to many shops and restaurants including Whole Foods and Starbucks. Totaling 6 separate units, 10 bedrooms, 6 bathrooms and 4180 sqft of living space. 4 units have already been completely renovated with newer kitchens, bathrooms, appliances, floors, windows, tankless water heaters, ceiling fans and mini splints for AC and heating. These 4 completely renovated units are 2 bedrooms and 1 bathroom each. The other 2 units have well established tenants and are 1 bedroom, 1 bathroom each. There are 7 newly updated electric meters, 6 gas meters and 3 water meters. Come and see this is a great investment opportunity.
  1. Listed by Ann Marie Uy • DRE #01712288 • Brokerage DRE #01814504 • Homesmart Evergreen Realty • 323-359-1008

Property Details for 2616-2618 Glendale Boulevard

Parking Spaces Total
0
Private Pool
No
Total Units
6.0
Lot Size Source
Assessor
Property Attached YN
true
Common Walls
1 Common Wall
New Construction
Yes
Average Studio Area Units
Square Feet
LISTING UPDATED: 12/12/2024 09:28 PM

Property Details for 2616-2618 Glendale Boulevard

StatusActive
MLS #GD24122828
Days on Market180
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1951
Lot Size0.13 AC / 5,811 SF
CountyLos Angeles County

Building Information for 2616-2618 Glendale Boulevard

Stories2Residences-Year Built1951Building Size-Lot Size0.13 AC / 5,811 SF

Property Information for 2616-2618 Glendale Boulevard

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Parking Fee
Income / Expense / Tax Details
Income Details
  • Gross Income: $300
  • Gross Scheduled Income: $174,791
  • Gross Operating Income: $174,791
  • Net Operating Income: $170,954
  • Other Income Description: Parking for 3 spaces
  • Other Income 1: $300
Expense Details
  • Operating Expense: $3,837
  • Gardener Expense: $840
  • Insurance Expense: $2,032
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $2,997
  • Total Expenses: $3,837
Tax / Assessment Info
  • Tax Tract Number: 5552
  • Tax Census Tract: 1873.00
  • Tax Lot: 33
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Kitchen, Inside, See Remarks, Stackable, Washer Hookup, Washer Included
Exterior Features
  • Entry Location: Levels 1 and 2
  • Pool Features: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Land Lease: No
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Features: Assigned, Driveway, Parking Space, Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,305
  • Unit Type Total Rent: $1,305
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $3,000
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,185
  • Unit Type Total Rent: $1,185
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 6
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 3
  • Number With Dishwasher: 4
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Number Wall AC: 4

Property History for 2616-2618 Glendale Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2616-2618 Glendale Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Ivanhoe Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

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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2616-2618 Glendale Boulevard is a multi-family home for sale in Los Angeles, CA 90039. This property was listed for sale on June 25, 2024 by Homesmart Evergreen Realty, it's currently listed at $2,900,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Ivanhoe Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 2616-2618 Glendale Boulevard is a 10-bed, 6-bath, 4,180 sqft multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Homesmart Evergreen Realty, Ann Marie Uy, DRE #01712288

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.