343 Concord Street, Glendale, CA 91203
- $1,199,000
- List Price
- $1,199,000
- Status
- ACTIVE
- MLS#
- GD26055082
- Year Built
- 1925
- Lot Size
- 6,062
- Acres
- 0.14
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 137
- Property Type
- Multifamily
- Property Sub Type
- Triplex
Property Description
Exceptional investment opportunity in the heart of Glendale. 343 Concord St features a triplex configuration plus an additional non-conforming studio unit, offering strong current income with further upside potential. The property includes three units along with an additional occupied studio. The front 3-bedroom home is to be delivered vacant, presenting an excellent opportunity for owner-occupancy or rental repositioning. Upgrades throughout the units include: laminate flooring, updated kitchens with modern countertops, renovated bathrooms, and ongoing maintenance over the years. The property offers four on-site parking spaces for tenants plus ample street parking. There is a non-conforming addition to the front structure currently occupied. This property is being marketed in conjunction with the neighboring property at 345 Concord St, creating a rare opportunity for investors or developers seeking multiple side-by-side parcels with potential development upside. Zoning is believed to be R2250 (buyer to verify). Ideally located near major freeways, shopping centers, Glendale Galleria, and The Americana at Brand, the location offers strong rental demand and long-term growth potential. Drive-by only. Do not disturb occupants.
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Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Ductless
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $94,200
- Operating Expense
- 23550
Listing courtesy of Listing Agent: Tereza Toramanyan (tereza@soldbytereza.com) from Listing Office: Coldwell Banker Hallmark.
Mortgage Calculator
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.