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Listed by Jerry Armen • Team Rock Properties
$1,095,000
Est. payment /mo
1,884 SqFt
Active
724 East Acacia Avenue Glendale, CA 91205
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,884 sqft
Price per Sqft $581
MLS Listing ID GD-25078128
Year Built 1935
Lot Size 8,372 Sqft
Property Sub-Type Duplex
Property Description
**Updated Duplex with Development Potential in Prime Glendale (91205)** An incredible investment opportunity awaits with this fully updated duplex, perfectly situated in one of Glendale's most desirable neighborhoods. Sitting on a generous 8,369 sq ft lot, this property features two spacious 2-bedroom, 1-bathroom units--each thoughtfully renovated and move-in ready. Zoned GLR4YY, the lot offers multiple options for development, including the potential to build up to 5 units. **This property can also be purchased together with the adjacent single-family home (722 E Acacia), creating a rare chance to develop up to 10 units across both parcels.** Current plans for a 10-unit project have already been submitted to the City of Glendale and are pending corrections--giving investors a valuable head start. Both units are currently tenant-occupied on a month-to-month basis, with the option to be delivered either occupied or vacant at close of escrow--offering flexibility for both investors and owner-users. Located just minutes from downtown Glendale, the Americana at Brand, schools, shopping, and major freeways, this property checks all the boxes for rental income, redevelopment, or a strategic long-term hold. Don't miss this rare dual-parcel opportunity in a high-demand area!
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Zoning GLR4YY
Interior
Interior Features Ceiling Fan(s), Beamed Ceilings
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplaces Type Decorative, Living Room
Laundry Individual Room
Exterior
Parking Features Driveway Level, Parking Space, Concrete
Pool None
Community Features Sidewalks, Street Lights
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer