We are pleased to present a unique live-in plus investment opportunity at 1112 S. Adams Street, a five-unit multifamily property located in Glendale’s desirable Adams Square neighborhood, adjacent to the well-known Art’s Bakery. The property is offered at a list price of $2,200,000, representing approximately $440,000 per unit and $303 per square foot, with a total of 7,259 square feet of building area situated on a 7,905 square foot lot. The property features exceptionally large units, anchored by Unit #1, a two-story, townhome-style residence totaling approximately 2,300 square feet and configured with three bedrooms and four bathrooms. The lower level includes three bedrooms and three bathrooms, a large living room, and an oversized family room. The upper level features a full kitchen, an additional living area, a home office, and a fourth bathroom ideal for modern live-work use. The four rear units average approximately 1,200 square feet each, supporting strong tenant demand and stable long-term performance. For an owner-user, rental income from the rear units can materially offset the cost of occupying Unit #1, while preserving upside through future rent growth and appreciation. The size and configuration of Unit #1 may also provide future ADU or unit reconfiguration potential, subject to buyer verification, offering additional upside without the complexity of full redevelopment.
Listing courtesy of Listing Agent: Kirk Garabedian (kirkg@kw.com) from Listing Office: Keller Williams R. E. Services.
Listing sold by Mike Babakhanyan from JohnHart Real Estate
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.