$999,999
2299 Glendale Boulevard is a charming vacant two unit income property located in the heart of Los Angeles' vibrant Silver Lake/Atwater Village corridor. The property features two vacant detached residences situated on a 7,374 square foot R3zoned lot, offering both immediate rental income and exceptional long term development potential. The front residence, built in 1941, is an 832 square foot 2-bedroom, 1-bath bungalow with classicearly-20th-century character and strong curb appeal. The rear residence, constructed in 1924, is a 540 square foot 1bedroom, 1bath home positioned privately toward the back of the lot. Both units are fully detached, providing desirable separation and livability for tenants or owner occupants. A detached garage sits at the rear of the property, offering immediate potential for an ADU conversion, while the expansive lot accommodates surface parking for up to six vehicles a rare amenity in this submarket. The R3 zoning and generous lot depth create a compelling opportunity for investors seeking value add upside through additional ADUs or future redevelopment. With its central location, flexible zoning, and multiple paths for income growth, 2299 Glendale Boulevard represents a unique offering in one of Los Angeles' most supply constrained rental markets. First time on the market in 25 years.
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Listed by Tim Steuernol with NAI Capital Commercial Inc. (818) 905-2400
Property Type
Residential Income
Status
Active
MLS Number
26659323
Year Built
1941
Lot Size
7,379 sq ft