1300 Stanley Avenue
Glendale, CA 91206
MLS #RS17083421

Income
  • 2units
  • 1,755sq ft
Active Under Contract $729,000
Est. P&I payment: $2784.29/mo
1300 Stanley Avenue, Glendale, CA 91206
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Description for 1300 Stanley Avenue, Glendale, CA 91206
ATTENTION: BUILDERS, DEVELOPERS, INVESTORS or HOMEBUYERS! 2 BUILDINGS IN A LOT. Transform this duplex into your own desired habitat or investment cash-cow. Or live in one and rent the other or build a 4-unit complex. A gem in the midst of a nice street of Glendale condominiums. Come, see this Duplex which the City of Glendale zoned R1650, Medium High Density Residential (previously zoned GLR4YY). As per City of Glendale Planning Division. a maximum of 4 units can be built on this property. Highly accessible to freeways CA-134, CA-2, CA-210 and I-5. Located between Chevy Chase Drive and N Verdugo Road. County Recorder's office says 3 bedrooms and 2 baths, but seller says the front house has 2 bedrooms and 1 full bath; and the house at the back has also 2 bedrooms and 1 bath. Sold AS-IS, fixer-upper. About a mile from the Glendale Galleria, Americana and walking distance to other best shopping, dining and entertainment centers of Glendale. Buyers to do their own investigation to satisfy themselves. Place an offer today before somebody else does.
MLS #RS17083421
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My Notes for MLS #RS17083421

General Features

  • Number Of Buildings: 2
  • Number Of Units Total: 2
  • Year Built: 1937
  • Year Built Source: Assessor
  • Zoning: GLR4YY
  • Elevation Units: Feet

Exterior Features

  • Stories Total: 1
  • Lot Features: 2-5 Units/Acre
  • Lot Size SqFt: 6,757
  • Lot Size Units: Square Feet
  • Garage Spaces: 2
  • Parking YN: 1
  • Parking Features: Driveway,​Driveway - Concrete,​Garage,​Garage - Single Door,​Gated,​Private,​RV Access/Parking,​RV Potential,​Unassigned
  • Parking Total: 2
  • Pool Features: None
  • Common Walls: No Common Walls

Interior Features

  • Levels: One
  • Room Type: All Bedrooms Down
  • Spa Features: None
  • Average 1Bed Area Units: Square Feet
  • Average 2Bed Area Units: Square Feet
  • Average 3Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet

Utility Features

  • Utilities: Phone Available
  • Water Source: Public
  • Road Frontage Type: City Street
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Financial Features

  • Gross Scheduled Income: 32,400
  • Insurance Expense: 630
  • Net Operating Income: 32,400
  • Price Per SqFt: 415.38
  • Total Expenses: 3,799
  • Trash Expense: 480
  • Vacancy Allowance Rate: 50
  • Water Sewer Expense: 600
  • Tax Lot: 3
  • Gross Income: 8,400
  • Gross Operating Income: 32,400
  • New Taxes Expense: 2,089
  • Tenant Pays: Cable TV,​Electricity,​Gas,​Trash Collection

Community Features

  • Community Features: Street Lighting

Miscellaneous Features

  • Building Area Total: 1,755
  • Building Area Units: Square Feet
  • Days On Market: 229
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 229
  • Tax Census Tract: 3,020.04
  • Tax Tract Number: RUSSEL

Location

 
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Directions to 1300 Stanley Avenue, Glendale, CA 91206
Cross streets: N Verdugo Road and Stanley Ave.
Listing information for 1300 Stanley Avenue, Glendale, CA 91206 was graciously provided by our friends at the listing brokerage, Realty Visions and by listing agent Solinap Mariano DRE# 01795547

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 04/21/2018 at 1:59pm
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