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Image 1 - Glendale Armenian Church of the Nazarene, East Acacia Avenue, Glendale, CA 91205, USA - House for sale
Image 2 - Glendale Armenian Church of the Nazarene, East Acacia Avenue, Glendale, CA 91205, USA - House for sale
Image 3 - Glendale Armenian Church of the Nazarene, East Acacia Avenue, Glendale, CA 91205, USA - House for sale
Image 4 - Glendale Armenian Church of the Nazarene, East Acacia Avenue, Glendale, CA 91205, USA - House for sale
Image 5 - Glendale Armenian Church of the Nazarene, East Acacia Avenue, Glendale, CA 91205, USA - House for sale
Image 6 - Glendale Armenian Church of the Nazarene, East Acacia Avenue, Glendale, CA 91205, USA - House for sale
Image 7 - Glendale Armenian Church of the Nazarene, East Acacia Avenue, Glendale, CA 91205, USA - House for sale
Image 8 - Glendale Armenian Church of the Nazarene, East Acacia Avenue, Glendale, CA 91205, USA - House for sale
Image 9 - Glendale Armenian Church of the Nazarene, East Acacia Avenue, Glendale, CA 91205, USA - House for sale
Home For Sale In Glendale, California
Glendale Armenian Church of the Nazarene, East Acacia Avenue, Glendale, CA 91205, USA

Home For Sale In Glendale, California

house for sale
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Listed: 03/15/24

Glendale Armenian Church of the Nazarene, East Acacia Avenue, Glendale, CA 91205, USA

12 Bed:
6 Bath:
4,618 Sq Ft Living Area:
Save
Price
$ 2,14M

About This House

Presented alongside the neighboring 421 E Acacia Avenue building, the two properties are available either individually or as a portfolio. The entire building consists of two bedroom apartments with rents ranging from$2, 025to$2, 075,while similar properties are achieving rents above$2, 700. Anew investor may be able to capture the approximately 27% rent upside more rapidly as the property is granted higher allowable rent increases viaAB 1482,when compared to other assets subject to Los Angeles rent control. The buildings are surrounded by attractive shopping and dining options. Mere blocks east, tenants can enjoy boutiques, coffeeshops, and restaurants in historic Adams Square. Several retailers and restaurants line both Glendale Avenue and Brand Boulevard, both major streets being within two blocks of the property. Less than one mile north are both the upscale Americana at Brand shopping center and the recently remodeled Glendale Galleria shopping mall.

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Adams Square Housing & Living

Household Income

Median household income: $58,657
Number of households: 72,738
The average household income in Glendale, CA grew from $56,069 to $58,657 in the past year. This data is an estimate based upon 72,738 households in Glendale, CA.
The chart below presents how household income is distributed in Glendale, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Glendale, CA compared to median property taxes around the country. The prevalent amount of property taxes in Glendale, CA equals $3k+ , which is more than the national average.