$860,000
$795,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
559 OAK ST Glendale, CA 91204
6,372 Sqft Lot
Key Details
Sold Price $860,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22167195
Sold Date 08/04/22
HOA Y/N No
Year Built 1922
Lot Size 6,372 Sqft
Property Description
It's not easy to find a duplex in good condition and in a good location that can be delivered vacant. In this case, one unit will be delivered vacant and the tenant in the other unit has signed a Voluntary Vacate Agreement and has already been paid a significant down payment on his relocation fee. He has 180 days to leave but is already actively looking for a new place to live. The units, though small, will fetch $1850 each due to the fact that there is a tremendous amount of usable yard, plenty of parking and it's in a really good location. It is walking distance to the Glendale Galleria and the amazing Americana shopping complex including movie theater, and all shops and restaurants on Colorado Blvd and elsewhere. Yet, it is on a very quiet and lovely residential street. It is also a 'stone's throw' from Griffith Park, as well as the entrance to the '5' freeway, giving rapid and easy access to anywhere in the city. Lastly, there is an excellent ADU opportunity with a 400 sq ft detached garage in the back yard. That ADU would have its own yard, separate from the rest of the property and would easily fetch the same rent as the existing units. There is plenty of parking on the premises even without using the garage for parking. Easy to see this one. Come look at it asap.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Zoning GLR4YY
Rooms
Ensuite Laundry None
Interior
Interior Features Ceiling Fan(s)
Laundry Location None
Heating None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Garage Driveway
Garage Spaces 2.0
Garage Description 2.0
Pool None
View Y/N No
View None
Parking Type Driveway
Total Parking Spaces 4
Private Pool No
Building
New Construction No
Others
Senior Community No
Tax ID 5695016023
Special Listing Condition Standard
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Bought with Ken Shapiro • Silverwood Properties