Property listed by Keller Williams R. E. Services, Kirk Garabedian 818-298-8810
$2,200,000
We are pleased to present a unique live-in plus investment opportunity at 1112 S. Adams Street, a five-unit multifamily property located in Glendale’s
desirable Adams Square neighborhood, adjacent to the well-known Art’s Bakery. The property is offered at a list price of $2,200,000, representing
approximately $440,000 per unit and $303 per square… Read More foot, with a total of 7,259 square feet of building area situated on a 7,905 square foot lot.
The property features exceptionally large units, anchored by Unit #1, a two-story, townhome-style residence totaling approximately 2,300 square feet and configured with three bedrooms and four bathrooms. The lower level includes three bedrooms and three bathrooms, a large living room, and an oversized family room. The upper level features a full kitchen, an additional living area, a home office, and a fourth bathroom ideal for modern live-work use.
The four rear units average approximately 1,200 square feet each, supporting strong tenant demand and stable long-term performance. For an owner-user, rental income from the rear units can materially offset the cost of occupying Unit #1, while preserving upside through future rent growth and appreciation.
The size and configuration of Unit #1 may also provide future ADU or unit reconfiguration potential, subject to buyer verification, offering additional upside without the complexity of full redevelopment. Read Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.18 Acres
Year Built
1987
MLS Number
GD26040209
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1987, 1 building, 2 stories, Levels: Two, Entry level: 2, Entry location: 2
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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