Property Detail

Description

Seller credit of 3% to buyer at close of escrow. Situated in Glendale’s sought-after Mariposa neighborhood generating $3995 per month rent, this combined offering at 622 and 616 E Lomita Avenue (with separate APN numbers MLS#BB26064019) property is being sold with adjacent 8-unit apartment. 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.