Glendale, CA 91204,559 OAK ST
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Glendale, CA 91204,559 OAK ST
Glendale, CA 91204,559 OAK ST
Glendale, CA 91204,559 OAK ST
Glendale, CA 91204,559 OAK ST

$860,000

Est. payment /mo

$795,000

8.2%
Est.Price: ?

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559 OAK ST Glendale, CA 91204

6,372 Sqft Lot

SOLD DATE : 08/04/2022

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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California Regional MLS (CRMLS)
Listed by Ken Shapiro • Silverwood Properties
Bought with Ken Shapiro • Silverwood Properties

Alexander Duarte

CEO | i01970077

+1(714) 376-9253

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