1411 E Broadway

Description

Explore the potential of 1411 E Broadway, a beautiful and spacious single-family residence nestled in the heart of Glendale. This charming home features (3) three bedrooms and (1.5) One and Half bathrooms, ideal for families or as a high-demand rental property. Key Features: • Spacious Interiors: Enjoy a comfortable layout with three well-sized bedrooms and a cozy living area, perfect for family gatherings. • Approved ADU Plans: Increase your investment potential with pre-approved plans for an Accessory Dwelling Unit. This addition is perfect for generating extra income or accommodating extended family. • Tenant Occupied: The property currently houses a tenant, ensuring immediate rental income from the day of purchase. • Outdoor Living: The property boasts ample outdoor space. • Additional Opportunity with 1415 E Broadway: Also available for sale is 1415 E Broadway, a triplex property located adjacent to this residence. Purchasing both properties together allows for a reduction in density from 2250 to 1800, paving the way for a larger development project under Glendale’s zoning laws. This combined purchase offers an exceptional opportunity for significant development in one of Glendale’s most sought-after locations, close to schools, shopping, and public transportation. Development Potential: • Expand or Redevelop: Leverage the lower density and existing structures to envision a more substantial project that maximizes both properties' potential. • Strategic Location: Situated in a prime Glendale area, these properties provide a lucrative development opportunity with substantial growth and value appreciation potential.

Listing information courtesy of: Karine Aslanian, The Agency . *Based on information from the Association of REALTORS/Multiple Listing as of 01/30/2025 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.