Glendale, CA 91205,724 E Acacia AVE #724A
$1,150,000
Est. payment /mo
$1,095,000
5.0%
Est.Price: ?

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8,372 Sqft Lot
SOLD DATE : 06/03/2025

Key Details

Sold Price $1,150,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID GD25078128

Sold Date 06/03/25

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1935

Lot Size 8,372 Sqft

Property Sub-Type Duplex

Property Description

**Updated Duplex with Development Potential in Prime Glendale (91205)**

An incredible investment opportunity awaits with this fully updated duplex, perfectly situated in one of Glendale's most desirable neighborhoods. Sitting on a generous 8,369 sq ft lot, this property features two spacious 2-bedroom, 1-bathroom units—each thoughtfully renovated and move-in ready.

Zoned GLR4YY, the lot offers multiple options for development, including the potential to build up to 5 units. **This property can also be purchased together with the adjacent single-family home (722 E Acacia), creating a rare chance to develop up to 10 units across both parcels.** Current plans for a 10-unit project have already been submitted to the City of Glendale and are pending corrections—giving investors a valuable head start.

Both units are currently tenant-occupied on a month-to-month basis, with the option to be delivered either occupied or vacant at close of escrow—offering flexibility for both investors and owner-users.

Located just minutes from downtown Glendale, the Americana at Brand, schools, shopping, and major freeways, this property checks all the boxes for rental income, redevelopment, or a strategic long-term hold. Don't miss this rare dual-parcel opportunity in a high-demand area!

Location

State CA

County Los Angeles

Area 628 - Glendale-South Of 134 Fwy

Zoning GLR4YY

Interior

Interior Features Beamed Ceilings, Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl

Fireplaces Type Decorative, Living Room

Fireplace Yes

Appliance Gas Oven, Gas Range, Microwave, Refrigerator

Laundry Laundry Room

Exterior

Parking Features Concrete, Driveway Level, One Space

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

View None

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 5676005004

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash to Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Jerry Armen Team Rock Properties jerry@teamrockproperties.com
Bought with Arin Gharibian Re/Max Tri-City

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agent

Rolf & Gina Rawson

+1(951) 695-2951

Broker | License ID: 01816225

Broker License ID: 01816225

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