426 Ivy Street, Glendale, CA 91204

$1,459,000 Asking Price

4 beds
2 baths
1,995  sqft
Built in 1910

Opportunity Awaits - RTI WITH PERMITS. This prime piece of real estate in the heart of GLENDALE offers a unique opportunity for investors, real estate developers, and end-user clients alike. Key Features are its prime Location nestled WALKING DISTANCE TO AMERICANA AT BRAND in a desirable neighborhood.This property boasts proximity to vibrant city life, top-rated schools, and local amenities, making it an attractive option. Investment Potential in one of the safest city in USA. For the savvy investor or developer, the property promises an impressive after-repair value (ARV). An invaluable asset, the property comes with ready-to-issue permits, bypassing the typically lengthy and cumbersome process of securing building approvals from the city of GLENDALE.This feature allows for an immediate start to development, saving time, money and resources. An Architectural Plans included 4 townhouse style condo units with 10 foot high ceiling, almost 2 master bedrooms and private balconies in each side with a flat roof. Ideal for Multiple Buyers; Real Estate Developers.Developers can swiftly turn this project around for a substantial profit. Investors, the property stands as a solid investment with its promising return and excellent location. End-Users - Those looking to create passive income live in one and collect rent from other 3 benefiting from the existing plans, permits and location. 426 IVY represents a rare and enticing opportunity in GLENDALE. Whether you're looking to develop, invest, or create your FUTURE PASSIVE INCOME, this property offers the foundation for a fruitful and

Features & Amenities

Interior

Laundry:
Inside
A/C:
Other/Remarks
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

General:
2 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
GLR4*, 5695007009
View:
Other/Remarks

Utilities

Utilities:
Natural Gas Available,Sewer Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
RLG State Realty, Avi Ghazaryan

About Glendale, CA

Housing

Number of Units
70,320
Median Home Value
$854,785
Median Rent
$1,579

69.73% of housing units are renter occupied.

4.36% are vacant.

Commute

Car
57.84%
Public Transportation
2.04%
Walk to Work
2.88%
Work from Home
35.74%
Other
1.11%

The median travel time to work is 20 minutes.

People

Population
173,900
Median Age
42.10
Median Household Size
2.77

Education

High School
22.12%
Associate’s Degree
10.50%
Bachelor’s Degree
26.81%
Graduate Degree
14.29%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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