421 E Acacia Avenue Glendale, CA 91205
Presented alongside the neighboring 427 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, 025 to $2, 100, while similar properties are achieving rents above $2, 700. A new investor may be able to capture the approximately 27% rent upside more rapidly as the property is granted higher allowable rent increases via AB 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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site60 Days
- MLS StatusActive
- MLS ID Number24366386
- Home Size Source N/A
- Year Built1953
- Lot Size0.2344 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 421 E Acacia Avenue Glendale, CA 91205
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General Features
- Parking Assigned
- Parking Spaces 0
- Number of Stories 22
- Acreage 0.2344
- Zoning GLR4YY
- Listing Conditions Standard
Community Features
- Senior Community No
- MLS Area 628 - Glendale-South of 134 Fwy