Los Angeles, CA 90039,2616 Glendale BLD
Los Angeles, CA 90039,2616 Glendale BLD
Los Angeles, CA 90039,2616 Glendale BLD
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Listed by Robert Chuang • Berkshire Hathaway Home Servic
$2,690,000
Est. payment /mo
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5,811 Sqft Lot
Price Dropped by $200K

2616 Glendale BLD Los Angeles, CA 90039

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRP1-25226

Year Built 1951

Lot Size 5,811 Sqft

Source California Regional MLS

Property Description

Rare opportunity to acquire a stabilized six-unit multifamily asset in the heart of Silver Lake, ideal for 1031 exchange and cash-flow investors. 4 -2 bed units and 2 - 1 bed units. The property features four units in the front building and two newly constructed ADUs in the rear, completed in 2024. Two of the front units have been renovated with new cabinetry, updated flooring, and in-unit laundry, while the rear ADUs offer modern layouts and low-maintenance new construction. Gas and electricity are fully separately metered, water is separately metered for the ADUs, and the front building water can be possibly implemented via RUBS, creating strong operational efficiency and improved NOI. Located along Glendale Boulevard near Whole Foods, popular restaurants, and coffee shops, this Silver Lake location benefits from consistently high rental demand and proximity to Ivanhoe Elementary School and John Marshall High School. The property has been well maintained by ownership and offers strong in-place income with long-term upside in one of Los Angeles' most sought-after rental markets.

Location

State CA

County Los Angeles

Rooms

Kitchen Dishwasher, Other, Oven Range - Gas

Interior

Heating Floor Furnace

Laundry Other

Exterior

Parking Features Off-Street Parking, Other

Garage Spaces 2.0

Pool 31, None

View None

Building

Water District - Public

Others

Tax ID 5438017010

Special Listing Condition Not Applicable


MLS Listing IDX PLUS

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Ivanhoe Elementary

    Public | KG - 5

  • 9

    Gabriella Charter

    Public | KG - 8

  • 9

    Horace Mann Elementary School

    Public | PK - 5

  • 9

    Solano Avenue Elementary School

    Public | KG - 6

  • 9

    Delevan Drive Elementary

    Public | KG - 6

  • 8

    Los Feliz STEMM Magnet School

    Public | KG - 6

  • 8

    Franklin Avenue Elementary

    Public | KG - 5

  • 8

    Clifford Street Math & Technology Magent

    Public | KG - 6

  • 8

    Allesandro Elementary School

    Public | PK - 5

  • 8

    Puc Milagro Charter

    Public | KG - 5

  • 7

    Dr. Sammy Lee Medical and Health Science Magnet

    Public | KG - 5

  • 7

    Celerity Octavia Charter

    Public | KG - 8

  • 7

    John Marshall Elementary School

    Public | KG - 5

  • 7

    Dorris Place Elementary

    Public | KG - 6

  • 7

    Mt. Washington Elementary School

    Public | KG - 6

  • 6

    Cahuenga Elementary School

    Public | KG - 5

  • 6

    Micheltorena Elementary

    Public | KG - 5

  • 6

    Betty Plasencia Elementary

    Public | KG - 5

  • 6

    John Muir Elementary School

    Public | KG - 6

  • 5

    Camino Nuevo Academy #2

    Public | KG - 8

Middle Schools 17
  • 8

    Rise Kohyang Middle School

    Public | 6 - 8

  • 6

    Virgil Middle School

    Public | 6 - 8

  • 6

    Thomas Starr King Middle School

    Public | 6 - 8

  • 6

    Theodore Roosevelt Middle School

    Public | 6 - 8

  • 6

    Irving STEAM Magnet

    Public | 6 - 8

  • 5

    Puc Santa Rosa Charter Academy

    Public | 6 - 8

  • 5

    Florence Nightingale Middle School

    Public | 6 - 8

  • 4

    Los Angeles Academy of Arts & Enterprise Charter

    Public | 6 - 12

  • 4

    Vista Charter Middle School

    Public | 6 - 8

  • 4

    Puc Excel Charter Academy

    Public | 6 - 8

  • 3

    Studio

    Public | 6 - 8

  • 3

    Alliance College-Ready Middle Academy No. 5

    Public | 6 - 8

  • 1

    Young Oak Kim Academy

    Public | 6 - 8

  • 1

    Sal Castro Middle School

    Public | 6 - 8

  • 0

    Harold Mcalister High (Opportunity)

    Public | 6 - 12

  • 0

    Dream Center Academy

    Private | 6 - 12

  • 0

    Jewel City Community Day

    Public | 7 - 10

High Schools 20
  • 9

    Downtown Business High School

    Public | 9 - 12

  • 8

    John Marshall High School

    Public | 9 - 12

  • 8

    Alliance Environmental Science and Technology High School

    Public | 9 - 12

  • 7

    Central City Value

    Public | 9 - 12

  • 7

    Camino Nuevo High No. 2

    Public | 9 - 12

  • 7

    Alliance College-Ready Academy High No. 16

    Public | 9 - 12

  • 7

    PUC Early College Academy for Leaders & Scholars (ECALS)

    Public | 9 - 12

  • 6

    Glendale High School

    Public | 9 - 12

  • 6

    Alliance Susan and Eric Smidt Technology High School

    Public | 9 - 12

  • 5

    Belmont Sh-la Teacher Preparatory Academy

    Public | 9 - 12

  • 5

    Roybal Learning Center

    Public | 9 - 12

  • 5

    Alliance Tennenbaum Family Technology High School

    Public | 9 - 12

  • 4

    Los Angeles River High School

    Public | 9 - 12

  • 3

    Belmont High School

    Public | 9 - 12

  • 3

    School of History and Dramatic Arts at Sonia Sotomayor Learning Complex

    Public | 9 - 12

  • 0

    Canyon Oaks School

    Private | 10 - 12

  • 0

    Soledad Enrichment Action Charter High School

    Public | 9 - 12

  • 0

    East Beverly High School

    Private | 9 - 12

  • 0

    New Village Girls Academy

    Public | 9 - 12

  • 0

    Harris Newmark Continuation

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Alex Tai

Alex Tai

Founder | License ID: 02025613

+1(650) 773-2321

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2616 Glendale BLD