2616 Glendale Blvd, Los Angeles, CA 90039
Image 2 for 2616 Glendale Blvd, Los Angeles, CA 90039
Image 3 for 2616 Glendale Blvd, Los Angeles, CA 90039
View Photos

2616 Glendale Blvd Los Angeles, CA 90039

$2,500,000
  • 10 Beds
  • 6 Baths
  • 4,180 Sq.Ft.
For Sale
$2,500,000 Get Pre-Qualified

Map preview of 2616 Glendale Blvd, Los Angeles, CA 90039

Property Overview: 2616 Glendale Blvd Los Angeles, CA has 10 bedrooms, 6 bathrooms, 4,180 living square feet and 5,811 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great opportunity to own a large newly renovated residential income property. This property is in Silver Lake located close to many shops and restaurants including Whole Foods and Starbucks. Totaling 6 separate units, 10 bedrooms, 6 bathrooms and 4180 sqft of living space. 4 units have already been completely renovated with newer kitchens, bathrooms, appliances, floors, windows, tankless water heaters, ceiling fans and mini splints for AC and heating. These 4 completely renovated units are 2 bedrooms and 1 bathroom each. The other 2 units have well established tenants and are 1 bedroom, 1 bathroom each. There are 7 newly updated electric meters, 6 gas meters and 3 water meters. Come and see this is a great investment opportunity.

Listed by Ann Marie Uy | BRE #01712288 | Homesmart Evergreen Realty
Last checked: 4 seconds ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 33

Home details

Lot Sq. Ft
5,811
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Apartment
Status
Active
MLS#
GD24122828
City
Los Angeles
County
Los Angeles
Time on Site
85 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 7
  • # of Gas Meters: 6
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,305
  • Total Rent: $1,305
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,185
  • Total Rent: $1,185
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $174,791
  • Net Operating Income: $170,954
  • Gross Operating Income: $174,791
  • Other Income 1: $300
  • Other Income Description: Parking for 3 spaces
Annual Expense Breakdown
  • Total Operating Expense: $3,837
  • Trash: $0
  • Gardener: $840
  • Insurance: $2,032
  • Professional Management: $0
  • Water/Sewer: $2,997

Open Houses for 2616 Glendale Blvd

No upcoming open houses

Schedule Tour
Loading...

Property Details for 2616 Glendale Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, Gas Dryer Hookup, In Kitchen, Inside, See Remarks, Stackable, Washer Hookup, Washer Included
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Parking Features: Assigned, Driveway, Parking Space, Street
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 6
  • Parcel Number: 5438017010
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Near the corner of Farewell Ave and Glendale Blvd
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 2616 Glendale Blvd

View property's historical transactions
  • June, 2024

  • Jun 25, 2024

    Date

    Active

    CRMLS: GD24122828

    $2,500,000

    Price

  • March, 2022

  • Mar 1, 2022

    Date

    Expired

    CRMLS: 21108463

    $1,695,000

    Price

  • Nov 1, 2021

    Date

    Active

    CRMLS: 21108463

    $1,695,000

    Price

  • Listing provided courtesy of CRMLS

    2616 Glendale Blvd is 4 Units all 1 bedroom and 1 bathroom built in 1951 located in Prime Silverlake with rare inventory adjacent to the lake. First time on the market in 33 years, considered very walkable to restaurants, bars, shopping center with Whole Foods. Located in the Ivanhoe School District considered one of the best elementary schools in Los Angeles. Gas and electrical utilities are separately metered. Gated parking is provided for 4 vehicles with 2 of the lower units having rear access. Two of the units to be delivered vacant, great for owner user or investor. Each Unit averages approx (+/-) 682 SF with original hardwood floors and vintage features.

Show More

Tax History for 2616 Glendale Blvd

Assessed Value (2020): $526,755
Year Land Value Improved Value Assessed Value
2020 $315,714 $211,041 $526,755

Home Value Compared to the Market

This property vs the competition

2616 Glendale Blvd is listed 108.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $598.09 per/sqft which puts the price per square foot 22.12% lower than the median price per square foot for the city of Los Angeles.

About 2616 Glendale Blvd

Detailed summary of property

2616 Glendale Blvd is a apartment located in Los Angeles, CA 90039 and is currently for sale. This apartment offers 10 bedrooms, 6 bathrooms, roughly 4,180 living square feet, and sits on an approximately 5,811 square foot lot. 2616 Glendale Blvd was first listed on ArdentRealEstateGroup.com on June 26, 2024. The homeowner is currently asking $2,500,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 108.33% higher than the median priced home. Local competing homes currently for sale include 3650 Eagle Rock Blvd, 2916 Marathon St and 710 N La Fayette Park Pl. While the average home in Los Angeles, CA is selling in 106 days, 2616 Glendale Blvd has a days on market of 33 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2616 Glendale Blvd Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2616 Glendale Blvd

Public county record property details
Beds
4
Baths
4
Year built
1951
Sq. Ft.
2,730
Lot Size
5,808
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
33
APN
5438-017-010

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,688,880
Median List Price/Sq.Ft.
$942
Median Sold Price
$1,059,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
61
Median Sale to List Price %
96.36%
Avg Days on Market
19
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (7.69%), Other (30.77%)

Tour This Home


Image Description
Contact Jon
Los Angeles Agent

Call, Text or Message

Related Resources to 2616 Glendale Blvd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.