524 East Acacia Avenue

Glendale, CA 91205

$3,500,000
Price
Beds
8,080 Sq. Ft.
$433 / Sq. Ft.
8,080
Sq. Ft.
$433
per Sq. Ft.

Description

This is a fantastic opportunity to purchase a 7-unit building in a prime Glendale location with lots of potential to increase rents. The corner lot has a security parking. All units are two spacious bedrooms with Central Ac units.This is a fantastic opportunity to purchase a 7-unit building in a prime Glendale location with lots of potential to increase rents. The corner lot has a security parking. All units are two spacious bedrooms with Central Ac units.
  1. Listed by Mike Kobeissi • DRE #01011211 • Kobeissi Properties
  2. Listed by Karine Haitayan • DRE #02000128 • Kobeissi Properties Inc

Property Details for 524 East Acacia Avenue

Subdivision Name
Not Applicable
Garage Spaces
14.00
View
None

Location

Listing Courtesy of Kobeissi Properties, Mike Kobeissi, DRE #01011211; Kobeissi Properties Inc, Karine Haitayan, DRE #02000128
Add your commute
LISTING UPDATED: 03/06/2024 07:42 PM

Property Details for 524 East Acacia Avenue

StatusActive
MLS #P1-16677
Days on Market61
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
Lot Size0.18 AC / 7,970 SF
CountyLos Angeles County

Location

Listing Courtesy of Kobeissi Properties, Mike Kobeissi, DRE #01011211; Kobeissi Properties Inc, Karine Haitayan, DRE #02000128
Add your commute

Building Information for 524 East Acacia Avenue

Stories1Residences-Year Built1987Building Size-Lot Size0.18 AC / 7,970 SF

Payment Calculator

$19,957 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,101

Property Taxes

$856

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 524 East Acacia Avenue

Summary
Location and General Information
  • Building Area Total: 8,080.00
  • Community Features: Valley
  • City: Glendale
  • Country: US
  • Directions: NAV
  • Area: 628 - Glendale-South of 134 Fwy
  • Postal Code Plus4: 2873
  • Unparsed Address: 524 East Acacia Avenue, Glendale, CA 91205
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Block: 1
  • Tax Other Annual Assessment Amount: $.00
  • Tax Tract: 1
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Features: Sprinklers
  • Lot Size Acres: .18
  • Lot Size Square Feet: 7,970.00
  • Lot Size Area: 7,970.00
  • Lot Size Units: Square Feet
  • Parcel Number: 5676007001
  • Property Type: Residential Income
Property and Assessments
  • Common Walls: No Common Walls
  • Documents Count: 0
  • New Construction: No
  • Property Attached: No
  • Year Built Source: Assessor
  • Senior Community: No
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Water Sewer Expense: $18,000.00
Interior and Exterior Features
Exterior Features
  • Fencing: Stone, Wrought Iron
  • Pool Features: None
  • Pool Private: No
  • Roof: See Remarks
  • Security Features: Automatic Gate
  • Spa Features: None
  • Spa: No
  • Stories Total: 1
Interior Features
  • Total Bathrooms: 0
  • Fireplace: Yes
  • Heating: Yes
  • Interior Features: Unfurnished
  • Laundry Features: None
  • Living Area: 8,080.00
  • View: No
  • Levels: Three Or More
Multi Family
Multi-Family Information
  • Gross Scheduled Income: $235,200.00
  • Net Operating Income: $211,200.00
  • Electric Expense: $.00
  • Insurance Expense: $3,800.00
  • Number Of Buildings: 1
  • Number Of Units Leased: 7
  • Operating Expense: $24,000.00
  • Special Listing Conditions: Standard
  • Trash Expense: $3,600.00
Rental
Rental Information
  • Tenant Pays: Cable TV, Gas

Property History for 524 East Acacia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 524 East Acacia Avenue

Taxable ValueLand$110,751Additions$731,715Total$842,466
Tax Record2023$10,274 ($856 / month)
Home Facts
Total Finished SqFt8,080 SqFtAbove Grade Finished SqFt8,080 SqFtStories1Lot Size7,970 SqFtStyleMulti-Family Res (5+ Units)Year Built1987ZoningGLR4YYCountyLOS ANGELESAPN5676-007-001

Schools near 524 East Acacia Avenue

This home is within Glendale Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 10
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Theodore Roosevelt Middle School
Public6 to 8

Glendale High School
Public9 to 12

Jewel City Community Day School
Public7 to 10

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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524 East Acacia Avenue is a multi-family home for sale in Glendale, CA 91205. This property was listed for sale on March 1, 2024 by Kobeissi Properties, it's currently listed at $3,500,000. This listing's school district is Glendale Unified School District. Nearby schools include Horace Mann Elementary School, Theodore Roosevelt Middle School and Glendale High School. 524 East Acacia Avenue is a 0-bed, 0-bath, 8,080 sqft multi-family home built in 1987.

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 Kobeissi Properties, Mike Kobeissi, DRE #01011211; Kobeissi Properties Inc, Karine Haitayan, DRE #02000128

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.