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609 Corwin Avenue, Glendale, California 91206, Glendale, 91206 - bed, bath

609 Corwin Avenue, Glendale, California 91206 home-pic-0
ACTIVE$1,495,000
609 Corwin Avenue, Glendale, California 91206
0Bed
0Bath
2,230Sqft
6,249Lot
Year Built
1925
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$670
HOA
-
Days on market
-
Sold On
-
MLS number
GD25014716
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.50M(71th), sqft - 2230(71th), beds - undefined(50th), baths - undefined(50th).

Discover the perfect blend of homeownership and investment with this beautifully updated residential income producing property, featuring two spacious units plus a newly constructed ADU (2022-2023). This rare opportunity allows you to live in one unit while generating rental income from the others, helping to offset your mortgage and build long-term wealth. Thoughtfully upgraded with modern finishes and recent enhancements, this property offers both curb appeal and minimal maintenance, ensuring a hassle-free experience for owner-occupants and investors alike. With stabilized rents providing rental income from day one and a prime location in a high-demand rental area, this property is positioned for strong appreciation and financial security. Whether you're a first-time buyer looking for a smart, income-producing home or an investor seeking a reliable asset, this property offers the best of both worlds—comfortable living with built-in financial benefits. Don’t miss out on this incredible opportunity!

Condition Rating
Excellent
Despite the original build year of 1925, this property has undergone extensive and very recent renovations, including a newly constructed ADU (2022-2023). All units feature modern, updated kitchens with white shaker cabinets, stainless steel appliances, and subway tile backsplashes. Bathrooms are also fully renovated with contemporary vanities, tiled showers, and modern fixtures. Flooring, paint, and light fixtures throughout appear new or virtually new, indicating a comprehensive renovation within the last 5 years, aligning with 'Excellent' condition criteria.
Pros & Cons

Pros

Multi-Unit Income Potential: The property is a residential income-producing triplex, featuring two spacious units plus a newly constructed ADU, offering significant rental income to offset mortgage or generate wealth.
Brand New ADU: A newly constructed Accessory Dwelling Unit (ADU) from 2022-2023 adds modern amenities, immediate rental income potential, and enhances overall property value.
Prime Glendale Location: Situated in a 'prime location in a high-demand rental area' within Glendale, ensuring strong tenant demand, stabilized rents, and potential for property appreciation.
Extensive Modern Upgrades: The property has been 'beautifully updated' and 'thoughtfully upgraded with modern finishes and recent enhancements,' suggesting a well-maintained and appealing asset with minimal maintenance needs.
Broad Buyer Appeal: The property is positioned to attract both owner-occupants seeking mortgage assistance and investors looking for a reliable, income-generating asset, broadening its market reach.

Cons

Age of Original Construction: The primary structure dates back to 1925, which, despite updates, may still present challenges related to older infrastructure or require more extensive long-term maintenance compared to newer builds.
Limited Unit Specifics: The description lacks detailed information regarding the number of bedrooms/bathrooms, square footage, or specific layouts for each of the three units, making it difficult for buyers to fully assess individual unit value and rental potential without further inquiry.
Inherent Landlord Responsibilities: As a multi-unit income property, it requires active tenant management, which includes handling leases, maintenance, and potential vacancies, adding a layer of responsibility for the owner.

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