Under contract

1700 Del Valle Ave

Glendale CA, 91208

$2,700,000


$327.19 per sqft

Under contract

12 Beds

9 Baths

8,252 sqft

Multi-family

Built in 1948

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.

24-462817

MLS ID

November 12, 2024

Listed

December 7, 2024

Updated

Map

1700 Del Valle Ave
Glendale CA, 91208

Interior Features

Total Stories

3


Bedrooms

12


Total Bathrooms

9


Appliances

Garbage Disposal


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.29 Acres

Other Property Details

Area Name

Rossmoyne & Verdugo Woodlands


Days on Market

20


Garage

Yes


Garage Spaces

3


Parking

Carport Detached, Garage Is Detached


Parking Total

8


View

No


County

Los Angeles


Water Source

Public, Water District


Pool

No


Zoning

R1650

Listed by Sevak Keshishian with Marcus & Millichap
Listing Contact: 818-726-0922 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Cari Field Team | CA DRE# 01459596 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/7/2024

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