Joe Cloninger

Partner, Sales/Marketing License ID: 01954784

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$ 3,900,000

$ 3,995,000 2.4%

Est. payment | -/mo

25 Beds

14 Baths

11,499 SqFt

$ 3,900,000

$ 3,995,000 2.4%

Est. payment | -/mo

25 Beds

14 Baths

11,499 SqFt

Key Details

Sold Price $3,900,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 11,499 sqft

Price per Sqft $339

MLS Listing ID 26660355

Sold Date 07/17/26

Bedrooms 25

Year Built 1961

Lot Size 0.350 Acres

Acres 0.3503

Property Sub-Type Multi-Family

Property Description

601 E Acacia Avenue is a charming three-story, 12-unit multifamily property located on a 15,256 SF lot zoned GLR4.Built in 1961, the building spans 21,315 SF and boasts a beautiful courtyard design. The property offers 18 covered parking spaces, as well as street parking, making it an attractive option for residents. The unit mix is highly desirable, comprising of 1 one-bedroom/one-bathroom unit, 9 two-bedroom/one-bathroom units, and 2 three-bedroom/two-bathroom units. Two units have private covered patios, including one with a fenced backyard, providing a tranquil outdoor space for residents to enjoy. The property has undergone recent renovations, including the installation of modern HVAC wall units, new electrical systems, and a convenient communal laundry facility. Additionally, the property has acquired a renovated roof, solar panels have been removed, and recently upgraded to copper plumbing, making way for additional storage in the garage areas for tenants to appreciate. The garage spaces also offer a potential opportunity for savvy investors to construct an Accessory Dwelling Unit (ADU),providing a unique chance to increase revenue and diversify the property's income streams. Located in the heart of Glendale, this property is a short drive from the I-5 and I-2 Freeway. Additionally,601 E Acacia Avenue is ideally located within minutes of an abundance of restaurants, grocery stores, bakeries, coffee and tea shops, including the infamous Americana at Brand in downtown Glendale. Given the property's stable real estate fundamentals and prime location within the submarket of Glendale,601 E Acacia Avenue is a solid investment for an investor seeking growth, stability, and a hedge against inflation.

Location

State CA

County Los Angeles

Area Glendale-South Of 134 Fwy

Zoning GLR4*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment None

Laundry None

Exterior

Parking Features Carport, Garage

Garage Spaces 19.0

Pool None

Building

Lot Description 5 + Lots

Story 2

Sewer Public Hookup Available

Water Public

Level or Stories Two

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by CBRE
Bought with Keller Williams Real Estate Services