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1010 Florence Place, Glendale, California 91204, Glendale, 91204 - 4 bed, 6 bath

1010 Florence Place, Glendale, California 91204 home-pic-0
ACTIVE$1,675,000
1010 Florence Place, Glendale, California 91204
4Beds
6Baths
1,984Sqft
5,983Lot
Year Built
1921
Close
-
List price
$1.68M
Original List price
$1.57M
Price/Sqft
$844
HOA
-
Days on market
-
Sold On
-
MLS number
CV24007597
Home ConditionGood
Features
Patio
View-

About this home

We found 2 Cons,3 Pros.

An exquisite investment property located in Glendale underwent a comprehensive remodel in 2020 with proper permits. This presents a fantastic opportunity for owner occupancy. The front house comprises two bedrooms, providing the option to collect rent from the rear units, each featuring one bedroom and one-and-a-half bathrooms. additionally. each unit offers a designated outdoor seating area. Garage been converted to a studio. The property includes a separate coin laundry room., contributing to additional income. with minimal maintenance expenses. this building is strategically situated close to various shopping amenities. The front house: 2 bedrooms 2 full baths Back are 2 duplexes: 1 bedroom 1 full bath Garage: Single bedroom and 1 bath

Condition Rating
Good
The property was built in 1921 but underwent a remodel in 2020. The images show updated kitchens and bathrooms with modern fixtures and finishes. The overall condition appears to be well-maintained and move-in ready, with no immediate renovation required. The property is in good condition, but not excellent due to the age of the original structure.
Pros & Cons

Pros

Income Potential: The property is a triplex with a front house and two rear units, plus a converted garage studio, offering multiple income streams for investors or owner-occupants.
Recent Remodel: The property underwent a comprehensive remodel in 2020 with proper permits, suggesting updated features and reduced maintenance in the near term.
Desirable Location: Strategically situated close to various shopping amenities, enhancing tenant appeal and convenience.

Cons

Garage Conversion: The garage has been converted to a studio, which may not appeal to all buyers and could potentially raise zoning compliance questions.
Older Construction: Built in 1921, the property may have underlying issues common in older homes despite the recent remodel.

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