1431 Dixon ST new

Glendale,CA 91205

$ 1200000

4 Beds

2 Baths

1872 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,872 sqft

Price per Sqft $641

MLS Listing ID 25565585

Bedrooms 4

HOA Y/N No

Year Built 1926

Lot Size 5,005 Sqft

Property Description

We are pleased to present 1431 Street, a 2-unit multifamily investment opportunity located in the Somerset neighborhood of East Glendale. This duplex will allow for future owner-user opportunity or for an investor to capture approximately 41% in rental upside through an interior renovation program. The property has a two-car detached garage in the back that could be converted to an ADU (Buyer to verify). Constructed in 1926, the asset comprises two two-bedroom/one-bathroom units spread across 1,872 square feet. All units have separate meters for gas and electricity and individual water heaters. The property sits on a 5,000 square foot lot and is zoned R2250. Situated just south of Colorado Boulevard and east of Verdugo Road, 1431 Dixon Street is less than 2 miles from The Americana on Brand and less than 1 mile from Eagle Rock Plaza. Both Colorado Boulevard and Verdugo Road are major thoroughfares in Glendale where tenants can find a variety of retail, restaurants, and places of business within these corridors. Commuters are within minutes from the nearest on-ramp to the CA-2 and CA-134 Freeways, offering ease of access to the Eagle Rock, Highland Park, Burbank, Los Feliz, Atwater, Downtown Los Angeles, and all of San Gabriel Valley.

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLR4YY

Interior

Heating Wall Furnace

Fireplace No

Appliance Disposal

Exterior

Parking Features Door-Multi,Garage

Total Parking Spaces 2

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5680022019

Special Listing Condition Standard

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