CA > Glendale
Glendale, CA 91201,1133 Alameda Ave
Glendale, CA 91201,1133 Alameda Ave
Glendale, CA 91201,1133 Alameda Ave
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$3,195,000
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16 BD
16 BA
7,704 SqFt
New

1133 Alameda Ave Glendale, CA 91201

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Pamela Meuse

Pamela Meuse

+1(760) 567-3766

UPDATED:

01/24/2025 10:15 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,704 sqft

Price per Sqft $414

MLS Listing ID 25-488101

Style Contemporary

Bedrooms 16

Construction Status Updated/Remodeled

Year Built 1986

Lot Size 7,208 Sqft

Acres 0.1655

Property Description

In a market where much of the income property inventory consists of neglected buildings requiring significant capital improvements, 1133 Alameda stands out as a turnkey investment opportunity that combines immediate cash flow with strong growth potential. Built in 1986 by the parents of the current owners, this well-maintained property offers stability today while allowing for rent increases in the future. Located north of Glenoaks Boulevard near the Burbank border, residents of the building enjoy a highly desirable prime location minutes from the studios, restaurants, shops, Brand Park and the Americana At Brand. The property consists of eight two-bedroom, two-bath units, each featuring an en-suite primary bedroom, central air and heating, and individual hot water heaters. Many units have been upgraded with vinyl wood flooring, modern kitchen countertops and appliances, and refreshed bathrooms. The upper units provide treetop city views, with two of them offering private balconies, adding to their appeal for tenants. Two separate covered garage areas provide 12 side-by-side parking spaces and storage for each unit. A coin operated laundry room contributes $1200 a year in additional cash flow. Recent improvements ensure the property's long-term value. All eight units had their central air conditioning systems replaced in 2020. In 2023, the roof was upgraded with a durable rubber coating, new fire alarm pull stations were installed, and security cameras were added for enhanced safety. With an average rent of $2,217 per unit, there is substantial room for rental growth, as comparable units in the area command approximately $2,600. 1133 Alameda is an investment that delivers immediate returns today while offering the potential for increased profitability in the years to come. This property is a rare opportunity to acquire a high-quality asset in a competitive market.

Location

State CA

County Los Angeles

Area Glendale-Northwest

Zoning GLR4*

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Mixed, Laminate, Carpet

Fireplaces Type Primary Bedroom

Equipment Dishwasher, Range/Oven

Laundry Community

Exterior

Parking Features Covered Parking, Community Garage, Carport Attached

Garage Spaces 13.0

Pool None

View Y/N Yes

View Tree Top

Roof Type Composition, Flat

Building

Sewer In Street

Water Public

Architectural Style Contemporary

Level or Stories Three Or More

Structure Type Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
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 ©2025 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.

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Pamela Meuse

Broker Associate | License ID: 1716430

+1(760) 567-3766

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1133 Alameda Ave