616 E Lomita AVE, Glendale, CA 91205 – BB25132103

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Gatehouse Properties

info@gatehouseproperties.com +1(714) 743-9882

$ 2,990,000

Est. payment | -/mo

7,156 Sqft Lot

Save

$ 2,990,000

Est. payment | -/mo

Save

7,156 Sqft Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB25132103

HOA Y/N No

Year Built 1931

Lot Size 7,156 Sqft

Property Sub-Type Apartment

Property Description

Presenting a fully renovated 4-unit apartment building with 4 additional ADU's with separate addresses alongside a separately metered three-bedroom, 1.5-bathroom single-family residence spanning over 1,200 sq. ft. This unique offering provides versatility—ideal for an owner-user seeking rental income or an investor acquiring a 9-unit income property with potential future development opportunities.

The property owner has preliminary plans for a proposed three-story, 11-unit apartment development (buyer to verify all feasibility and requirements with the city).

Apartment Complex (616-618 E Lomita Ave.) and single-family residence (622 E. Lomita Ave.) are to be sold together.

Please do not disturb tenants or access the property without prior authorization. All offers are subject to interior inspection. For further details, contact the listing office.

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLR4YY

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description Front Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5675004006

Energy Description 350.0

Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Thomas Khodjasarian • Sarian Realty • 818-203-9676

+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

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616 E Lomita AVE Glendale, CA 91205