Est. cap rate

2.9%

Assumed rent, all units

$6,280/mo

Units

2

Price per unit

$647,500

Est. annual NOI

$37,680

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

4

Bathrooms

2

Building size

1,450 sqft

Lot size

6,265 sqft

Year built

1922

Stories

1

Garage spaces

2

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

120

MLS #

241852863

About this property

Exceptional Glendale duplex opportunity with incredible upside potential! Current owner has architectural plans in place to add 2 additional ADUs, creating a rare value-add investment opportunity in a prime location. Both units have been tastefully remodeled within the last few years. One unit features 1 bedroom plus an additional bonus room, while the second unit offers a spacious open layout with room for 2 beds. Property highlights include a detached 2-car garage, large driveway with additional parking, modern front doors, beautiful laminate flooring, recessed lighting, dual-pane windows, central HVAC, and abundant natural light throughout. Stylish upgrades include modern LED accent walls, contemporary kitchens with updated countertops and backsplash, stainless steel appliances, upgraded bathrooms with modern vanities, tankless water heater, solar system, and upgraded 220 electrical panel. The detached garage also presents future ADU conversion potential, with owner plans for 2 additional units with separate addresses already in progress. Located just minutes from the Americana at Brand, Glendale Galleria, popular dining, shopping, and entertainment, this is an outstanding opportunity for both investors and owner-users seeking strong future income potential in one of Glendale’s most desirable neighborhoods.

Location

466 Vine

Glendale, Los Angeles, CA, 91204