536 Concord Street
Glendale, CA 91203
Active for $1,995,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 7,510 sqft
MLS | BB25015399 |
Year Built | 1950 |
Property Type | Mixed Use |
County | Los Angeles |
Status | Active |
Active | $1,995,000 |
Structure Size | N/A sqft |
Lot Size | 7,510 sqft |
Beds | N/A |
Baths | N/A |
Description
Welcome to 536 Concord, a highly desirable 6-unit property situated on a corner lot in Glendale. This rare investment opportunity features two buildings with a total of six units, offering comfortable living spaces and significant income potential. Two units are currently vacant, presenting an excellent opportunity for immediate occupancy or value-add upgrades, while the remaining units provide consistent rental income. The property also includes four side-by-side garages, offering incredible potential for ADU conversion. Their layout makes them ideal for constructing one or two ADUs, or even a larger ADU, depending on your vision. Two of the garages are currently unused, and the other two are leased under separate agreements from the tenants’ primary leases, providing additional income flexibility. This corner-lot property boasts excellent visibility and accessibility, enhancing its appeal to tenants. It also features separate utility meters, ensuring efficient management for the owner. With its prime location near top-rated schools, shopping, dining, and major freeways, 536 Concord offers both convenience and strong tenant demand. Whether you're an investor seeking to expand your portfolio or looking for a versatile property with current and future income opportunities, this property is a must-see. Don’t miss the chance to capitalize on this rare opportunity in one of Glendale’s most sought-after neighborhoods. Schedule your private tour today!
Listing information courtesy of: Cameron Hunter, Media West Realty,Inc. 818-288-7209. *Based on information from the Association of REALTORS/Multiple Listing as of 01/26/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.