1762 Glendale Boulevard

Los Angeles, CA 90026

$1,650,000
Price
3
Beds
3
Baths
1,943 Sq. Ft.
$849 / Sq. Ft.
1,943
Sq. Ft.
$849
per Sq. Ft.

Description

1762 Glendale Blvd is a multifamily property located in the sub-market of Echo Park in the city of Los Angeles. Constructed in 1914, the three detached bungalow-style units total 1,943 square feet. The buildings are situated on 7,475 square foot lot, zoned LAC2, with parking for (3) cars. This strategically positioned commercially zoned lot offers an incredible opportunity for an investor, developer, or owner/user seeking a prime location in one of the most sought-after neighborhoods in Los Angeles....1762 Glendale Blvd is a multifamily property located in the sub-market of Echo Park in the city of Los Angeles. Constructed in 1914, the three detached bungalow-style units total 1,943 square feet. The buildings are situated on 7,475 square foot lot, zoned LAC2, with parking for (3) cars. This strategically positioned commercially zoned lot offers an incredible opportunity for an investor, developer, or owner/user seeking a prime location in one of the most sought-after neighborhoods in Los Angeles. The property offers multiple strategies to add value. From remodeling the existing vacant bungalow units with the potential to build an ADU and Junior ADU on the lot, to redeveloping the site for multifamily, mixed-use, or affordable housing. A developer has the potential to build (18) units on the site by-right or develop a 100% affordable housing project under Executive Directive 1 (ED-1) with unlimited density.
  1. Listed by Tim Steuernol • DRE #01742766 • Brokerage DRE #00389515 • NAI Capital Commercial Inc.

Property Details for 1762 Glendale Boulevard

Water Front
None
Zoning
LAC2
Style
California Bungalow
Parcel Number
5423005002
Total Units
3.0
Living Area
1943
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)

Location

Listing Courtesy of NAI Capital Commercial Inc., Tim Steuernol, DRE #01742766
Add your commute
LISTING UPDATED: 04/24/2024 02:49 PM

Property Details for 1762 Glendale Boulevard

StatusActive
MLS #24-384053
Days on Market167
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1914
Lot Size0.17 AC / 7,477 SF
CountyLos Angeles County

Location

Listing Courtesy of NAI Capital Commercial Inc., Tim Steuernol, DRE #01742766
Add your commute

Building Information for 1762 Glendale Boulevard

Stories-Residences-Year Built1914Building Size-Lot Size0.17 AC / 7,477 SF

Payment Calculator

$10,226 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$1,221

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1762 Glendale Boulevard

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 3
  • Type Of Units: Multifamily
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated
  • Direction Faces: West
  • Property Condition: Fixer
  • Water: District
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $103,596
  • Net Operating Income: $67,281.00
  • Gross Income: $106,800
  • Gross Rent Multiplier: $15.44
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 36315
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.1716
  • Lot Size Square Feet: 7477
  • Lot Description: Fenced Yard
  • Lot Location: Hillside
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 2
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Natural Gas
  • Heating Type: Natural Gas
  • Equipment: Refrigerator
  • Common Walls: Detached/No Common Walls
  • Laundry: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Roof: Asphalt
  • Sprinklers: None
  • New Construction: No
  • Foundation Details: None
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-24-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,900.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,900.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $424,334.00
  • Assessed Improvement Percent: 35.66
  • Assessed Land Value: $765,550.00
  • Assessed Land Percent: 64.34
  • Assessed Total Value: $1,189,884.00

Property History for 1762 Glendale Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1762 Glendale Boulevard

Taxable ValueLand$765,550Additions$424,334Total$1,189,884
Tax Record2023$14,658 ($1,221 / month)
Home Facts
Total Finished SqFt1,943 SqFtAbove Grade Finished SqFt1,943 SqFtLot Size7,475 SqFtStyleTriplexYear Built1914ZoningLAC2CountyLOS ANGELESAPN5423-005-002

Schools near 1762 Glendale Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Clifford Street Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Gabriella Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1762 Glendale Boulevard is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on November 20, 2023 by NAI Capital Commercial Inc., it's currently listed at $1,650,000. It has been on the market for a total of 167 days and was last sold on January 18, 2012. This listing's school district is Los Angeles Unified School District. Nearby schools include Clifford Street Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 1762 Glendale Boulevard is a 3-bed, 3-bath, 1,943 sqft multi-family home built in 1914.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAI Capital Commercial Inc., Tim Steuernol, DRE #01742766

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.