Sold

411 Naranja Dr

Glendale CA, 91206

$2,400,000


$465.03 per sqft

Sold

8 Beds

7 Baths

5,161 sqft

Multi-family

Built in 1958

PRICE REDUCED!!! We are pleased to present 411 Naranja Drive a seven (7) unit multifamily investment opportunity located in prime Glendale. The wood frame stucco building consists of 5,161 square feet of living area and is situated on a 7,644 square foot lot zoned GLR1650. ASSUMABLE FINANCING! The property contains assumable financing provided by JP Morgan Chase Bank for an approved Buyer--rate of 3.37% fixed until February 1st, 2027! Ask Agent for details. The property features: One (1) Two Bedroom / One Bath unit ("Owner's Unit") and Six (6) One Bedroom / One Bath units. All units are individually metered for both gas and electricity. Further, the property consists of six (6) covered parking spaces for the tenants with the ability to park several more cars in tandem. The Two Bedroom unit has been renovated with new wood floors throughout in addition to an updated bathroom and kitchen. The remaining spacious one-bedroom units have undergone some renovations as well. Two of the units upstairs enjoy private balconies that overlook the beautifully landscaped courtyard. This asset has been meticulously cared for by the current owner who takes great pride in his buildings. The front driveway, which includes the open and covered parking spots was recently resurfaced as well. The property is located within an excellent pocket of Glendale. Tenants can enjoy being a short distance from Piedmont Park in addition to the shops and restaurants of Downtown Glendale. The property is also located close to Glendale Adventist Hospital and the 2 and 134 Freeways.

23-338800

MLS ID

December 11, 2023

Listed

November 22, 2024

Updated

Map

411 Naranja Dr
Glendale CA, 91206

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

7


Appliances

Other, Dryer, Washer


Laundry Description

Laundry Area, Room, Inside, Community


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window, Wall Unit(s)


Heating

Yes


Heating Description

Wall Electric

Exterior/Building Features

Lot Size

0.18 Acres

Other Property Details

Area Name

Glendale-South of 134 Fwy


Days on Market

89


Garage

No


Parking

Covered Parking, Carport Attached, Driveway, Tandem, Side By Side


Parking Total

12


View

No


County

Los Angeles


Pool

No


Zoning

GLR 1650

Listing History

Date

Event

Price

5/8/2024

Sold

$2,400,000

3/11/2024

Pending

2/15/2024

Price change

$2,595,000

-3%

1/26/2024

Active

Listed by Derrick Vartanian with Lyon Stahl Investment Real Estate, Inc.
Listing Contact: 310-341-4872 

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 11/22/2024

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