1431 Dixon Street

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Source: California Regional MLS

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CLW-C120853

We are pleased to present 1431 Street, a 2-unit multifamily investment opportunity located in the Somerset neighborhood of East Glendale. This duplex will allow for future owner-user opportunity or for an investor to capture approximately 41% in rental upside through an interior renovation program. The property has a two-car detached garage in the back that could be converted to an ADU (Buyer to verify). Constructed in 1926, the asset comprises two two-bedroom/one-bathroom units spread across 1,872 square feet. All units have separate meters for gas and electricity and individual water heaters. The property sits on a 5,000 square foot lot and is zoned R2250. Situated just south of Colorado Boulevard and east of Verdugo Road, 1431 Dixon Street is less than 2 miles from The Americana on Brand and less than 1 mile from Eagle Rock Plaza. Both Colorado Boulevard and Verdugo Road are major thoroughfares in Glendale where tenants can find a variety of retail, restaurants, and places of business within these corridors. Commuters are within minutes from the nearest on-ramp to the CA-2 and CA-134 Freeways, offering ease of access to the Eagle Rock, Highland Park, Burbank, Los Feliz, Atwater, Downtown Los Angeles, and all of San Gabriel Valley.

1431 Dixon Street, Glendale, CA 91205

Market Report for 91205

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