My new listing is an investor’s dream. Aside from great looks, this character property, priced at $569k, has no rent control, positive rental income and is located in a great location. Who can ask for anything more? I predict this one will fly off the market.
This property is a legal triplex with an additional legal guesthouse for a total of 4 units. With total rental income at $3839 per month, an investor with an average down payment will have positive rental income.
Three units have 1 bedroom/1 bath and the guesthouse is a studio. This property is very well-maintained on a prime corner lot in Northwest Glendale. The style of these units are very desirable by tenants as they’re side-by-side bungalows, more like little houses, with hardwood floors, updated kitchens, baths, recessed lighting & 1-car covered garage space each.
All units include gas ranges & full size fridges with the washer/dryer in the garage. Minutes to 134/5, Americana, Galleria, Burbank, Pasadena, Los Feliz, Silver Lake. For more information, or if you’d like to view this property, let me know.
At a Glance
- 542 W. Dryden St., Glendale, 91202
- Triplex + Legal Guesthouse (4 Total Units)
- 2173 sq. ft., 5022 sq. ft. lot
- 1941 Traditional
- No Rent Control, Income Producing Property
Vanessa Yan from Keller Williams Los Feliz is representing the seller