Property Detail

Description

Please read description completely! This combined offering for sale of two properties at 622 and adjacent 616 E Lomita Avenue Situated in Glendales sought-after Mariposa neighborhood. 622 (SFH) is generating $3995 per month rent. Adjacent 8-unit apartment 616 E Lomita Avenue with additional income of $17k(with separate APN numbers and MLS#BB26064019), they are being sold together. This house is a 1913-built 3-bedroom, 1.5-bathroom residence of approximately 1,204 square foot living space on a 7000 square foot lot. The home retains craftsmen architectural characters with original hardwood floors while providing modern essentials like central air and a large backyard suitable for building a new ADU. Located in a highly walkable area (Walk Score 92), the property is a few minutes from the Glendale Galleria, The Americana at Brand, and local schools. This property represents a prime opportunity for renovation or redevelopment in a competitive market.