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Bobby And Michelle Schaffer

sold@legacyhouserealty.com +1(951) 533-7744

$ 6,750,000

Est. payment | -/mo

10 Beds

28 Baths

20,355 SqFt

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$ 6,750,000

Est. payment | -/mo

Save Virtual Tour

10 Beds

28 Baths

20,355 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 20,355 sqft

Price per Sqft $331

MLS Listing ID 26683241

Bedrooms 10

HOA Y/N No

Year Built 1928

Lot Size 8,102 Sqft

Property Description

Located in the highly desirable city of Glendale, 1001-1005 S Central Ave presents a rare mixed-use investment opportunity in one of Los Angeles County's most dynamic and supply-constrained rental markets. UPSIDE INCOME FOR ON-SITE STORAGE! Positioned on a prominent corner lot along a major thoroughfare, the property benefits from strong visibility, consistent foot and vehicle traffic, and long-term upside potential. The property features a diverse unit mix of 28 total units, including 16 singles, 10 one-bedroom/one-bath units, and 2 commercial spaces, offering investors a balanced income stream from both residential and retail components. This mix provides flexibility and stability, attracting a wide range of tenants while diversifying revenue sources. The property also includes on-site laundry facilities, an essential amenity that enhances tenant convenience and retention. Situated in a high-demand rental location, the property is surrounded by a dense population, strong employment base, and a variety of retail and dining options. Residents and commercial tenants alike benefit from close proximity to the Glendale Galleria and The Americana at Brand, two of the area's premier shopping and lifestyle destinations. The location also offers excellent accessibility with short distance to the Interstate 5, State Route 134, and State Route 2, providing convenient connectivity throughout the greater Los Angeles area. Public transportation is easily accessible via the nearby Glendale Transportation Center, further enhancing the property's appeal to tenants. With its prime Glendale location, strong mixed-use configuration, corner lot positioning, and proximity to major retail, transit, and freeway access, 1001-1005 S Central Ave represents a compelling opportunity for investors seeking stable income with long-term growth potential in a thriving urban market. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLC3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features None

Building

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5696025038

Special Listing Condition Standard

Virtual Tour https://www.hshprodmls2.com/1001-1005scentralave

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Listed by Michael Pesci Keller Williams Studio City #01274379

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(951) 533-7744

sold@legacyhouserealty.com

Temecula , California, 92592, USA

1001 S Central AVE Glendale, CA 91204

Bobby And Michelle Schaffer

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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1001 S Central AVE