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Listed by Thomas Khodjasarian • Sarian Realty
$ 2,990,000
Est. payment /mo
Price Dropped by $297K
616 E Lomita AVE Glendale, CA 91205
0.32 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB25025342
Originating Board California Regional MLS
Year Built 1931
Lot Size 0.324 Acres
Property Description
Presenting a fully renovated 4-unit apartment building with 4 additional ADU's with separate addresses alongside a separately metered three-bedroom, 1.5-bathroom single-family residence spanning over 1,200 sq. ft. This unique offering provides versatility-ideal for an owner-user seeking rental income or an investor acquiring a 9-unit income property with potential future development opportunities. The property owner has preliminary plans for a proposed three-story, 11-unit apartment development (buyer to verify all feasibility and requirements with the city). Apartment Complex (616-618 E Lomita Ave.) and single-family residence (622 E. Lomita Ave.) are to be sold together. Please do not disturb tenants or access the property without prior authorization. All offers are subject to interior inspection. For further details, contact the listing office.
Location
State CA
County Los Angeles
Area 624 - Glendale-Chevy Chase/E. Glenoaks
Interior
Laundry Laundry Area
Exterior
Parking Features Garage, Parking Area
Garage Spaces 2.0
Pool None
Building
Water District - Public
Others
Tax ID 5675004006
Special Listing Condition Not Applicable
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