Skip To Content

608 S Adams Street

Glendale, CA 91205
  • $1,560,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: DW24024035
UPDATED: 152 min ago
$1,560,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1914
County:

School Ratings & Info

Listing Agent(s): Mark Velasco of West Shores Realty, Inc. (310-541-8000) and Carmen Bird of ()


Description

Open House changed SAT 2-4pm. CASH COW!! $117,600 Gross Income (after repairs) & 4.84% Cap!! Could sell for $3,018,400 after repairs (based upon 2.5% cap). High rental demand area. Authentic Craftsman Multi-Unit in the Somerset Area. Craftsman design 2 story Duplex plus ADU on an expansive lot. Dimensions of 60ft x 139 ft deep, golden opportunity. Featuring Formal living and dining rooms, boasting 10 ft high ceilings and crown molding. Wood burning fireplace. Main level offers a spacious kitchen and separate laundry room. Mature landscaping, trees and plants plus redwood gazebo. Second story is a separate 2 bed apartment, has family room, kitchen and 1.5 baths with large balcony. The ADU boasts a family room, bedroom, kitchen, sunroom and patio deck. An excellent opportunity for additional income or extended living space. Near a park, tennis court and neighborhood market. Work in progress.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-24T00:36:29.117. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/147201570
Print Image

608 S Adams Street Glendale, CA 91205

  • Price: $1,560,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 152 min ago
  • ID#: DW24024035
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1914
Built
Neighborhood:
628 - Glendale-South of 134 Fwy
County:
Los Angeles
Area:
628 - Glendale-South of 134 Fwy
Property Description
Open House changed SAT 2-4pm. CASH COW!! $117,600 Gross Income (after repairs) & 4.84% Cap!! Could sell for $3,018,400 after repairs (based upon 2.5% cap). High rental demand area. Authentic Craftsman Multi-Unit in the Somerset Area. Craftsman design 2 story Duplex plus ADU on an expansive lot. Dimensions of 60ft x 139 ft deep, golden opportunity. Featuring Formal living and dining rooms, boasting 10 ft high ceilings and crown molding. Wood burning fireplace. Main level offers a spacious kitchen and separate laundry room. Mature landscaping, trees and plants plus redwood gazebo. Second story is a separate 2 bed apartment, has family room, kitchen and 1.5 baths with large balcony. The ADU boasts a family room, bedroom, kitchen, sunroom and patio deck. An excellent opportunity for additional income or extended living space. Near a park, tennis court and neighborhood market. Work in progress.
Exterior Features

Architectural Style Craftsman Carport Spaces 0 Construction Materials Shingle Siding Entry Level 1 Entry Location Front Exterior Features Rain Gutters Fencing WoodWrought Iron Foundation Details Raised Lot Features Front YardGardenLandscapedLevelNear ParkRectangular LotStreet LevelYard Number Of Separate Electric Meters 3 Open Parking Spaces 3 Other Structures Guest House Parking Features Driveway Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Gas OvenRefrigerator Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring TileWood Heating See Remarks Heating YN Yes

Property Features

Additional Parcels YN No Cable Tv Expense 0 Cap Rate 4.84 Common Interest None Community Features CurbsSidewalksPark Current Financing Conventional Electric 220 Volts Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 107800 Gross Scheduled Income 117600 Insurance Expense 1800 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashSubmit Maintenance Expense 7440 Net Operating Income 75460 New Construction YN No New Taxes Expense 19500 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 0 Operating Expense 32340 Pest Control Expense 0 Pool Expense 0 Possession See Remarks Property Condition Fixer Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Total Actual Rent 107800 Trash Expense 1800 Utilities Electricity ConnectedNatural Gas Connected Vacancy Allowance 9800 Vacancy Allowance Rate 8 Water Sewer Expense 0 Water Source Public Zoning GLR4YY



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-24T00:36:29.117. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372364318-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372364318-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372364318-2.jpg
Logo
Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Mark Velasco of West Shores Realty, Inc. (310-541-8000) and Carmen Bird of ()