1411 E Broadway, Glendale, CA 91205

Property Description

Explore the potential of 1411 E Broadway, a beautiful and spacious single-family residence nestled in the heart of Glendale. This charming home features (3) three bedrooms and (1.5) One and Half bathrooms, ideal for families or as a high-demand rental property. Key Features: • Spacious Interiors: Enjoy a comfortable layout with three well-sized bedrooms and a cozy living area, perfect for family gatherings. • Approved ADU Plans: Increase your investment potential with pre-approved plans for an Accessory Dwelling Unit. This addition is perfect for generating extra income or accommodating extended family. • Tenant Occupied: The property currently houses a tenant, ensuring immediate rental income from the day of purchase. • Outdoor Living: The property boasts ample outdoor space. • Additional Opportunity with 1415 E Broadway: Also available for sale is 1415 E Broadway, a triplex property located adjacent to this residence. • Roof: Roof is approximately 4 years ago. • Plumbing: Main Sewer is approximately 3 years old. All pipes are upgraded to PVC. • Electrical: Electrical is upgraded approximately 7 years ago. Purchasing both properties together allows for a reduction in density from 2250 to 1800, paving the way for a larger development project under Glendale’s zoning laws. This combined purchase offers an exceptional opportunity for significant development in one of Glendale’s most sought-after locations, close to schools, shopping, and public transportation. Development Potential: • Expand or Redevelop: Leverage the lower density and existing structures to envision a more substantial project that maximizes both properties' potential. • Strategic Location: Situated in a prime Glendale area, these properties provide a lucrative development opportunity with substantial growth and value appreciation potential.