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559 Oak St

Glendale, CA 91204
  • $795,000
  • STATUS: Active Under Contract
  • ON SITE: 19 Days
  • ID#: 22-167195
Under Contract
UPDATED: 112 min ago
$795,000
  • 2
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 990
    SQFT
  • $803
    $/SQFT
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

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.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-07-02T23:42:50.78. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.brandiprattrealestate.com/homes/129798445
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559 Oak St Glendale, CA 91204

  • Price: $795,000
  • Status: Active Under Contract
  • On Site: 19 Days
  • Updated: 112 min ago
  • ID#: 22-167195
2
Beds
0
Baths
0
½ Baths
0.15
Acres
990
SQFT
$803
$/SQFT
1922
Built
Neighborhood:
Glendale-South Of 134 Fwy
County:
Los Angeles
Area:
Glendale-South Of 134 Fwy
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.
Exterior Features

Lot Size Area 6374 Other Structures None Parking Garage Driveway Pool Description None Pool YN No Spa None Spa YN No Total Parking 4 View Description None View YN No

Interior Features

Baths Total 2.00 Cooling Wall Unit(S) Equipment Ceiling Fan Fireplace Rooms None Heating None Laundry None

Property Features

Alley YN No Assessed Total Value 460741 Gross Income 0 Gross Operating Income 0 Like Units1 1 Like Units2 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 2 Rent Control YN No Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units Duplex Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Glr4yy

Listing provided courtesy of Ken Shapiro DRE#01881308 of Silverwood Properties.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-07-02T23:42:50.78. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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eXp Realty of California, Inc.
2603 Camino Ramon, Suite 200
San Ramon CA, 94583