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About the Listing CLW-X83280 - CLW-C139427
Exceptional opportunity to acquire a turnkey 4-unit multifamily property in desirable Glendale, CA, featuring two newly constructed 2026 ADUs and two extensively renovated front residences. All four units offer spacious 1-bedroom floor plans with modern finishes and thoughtful upgrades throughout. Improvements include new laminate flooring, recessed lighting, quartz countertops, beautifully tiled showers, new LG WashTower washer/dryer units, modern kitchen appliances, and expansive private decks and outdoor living spaces. The newly constructed rear ADUs feature impressive 9+ foot ceilings and private 200+ square foot back patios are being finished. The two front units are currently leased, providing immediate rental income, while the two brand-new rear ADUs are vacant and ready for occupancy, offering flexibility for both investors and owner-users. An ideal opportunity to live in one unit while collecting rental income from the remaining three, or lease all four to maximize cash flow. With a mix of New Construction and Major Capital Improvements all around, this low-maintenance investment offers an attractive combination of modern living, immediate income, rental upside, and long-term appreciation potential in the highly sought-after Glendale rental market. A rare turnkey offering in one of the strongest rental markets in the country.
Listing Highlights for 559 Oak St
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Vented Exhaust Fan, Dryer
- Air Cond: Central Air
- Heating: Heat Pump
- Fireplaces:
- Floor: Laminate
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: GLR4YY
- Roof: Composition,Shingle
- Others: Additions/Alterations,Updated/Remodeled,Repairs Major,2+ Total Units
- Sewer:
- Parking Features: Assigned,Direct Access,Driveway,Garage,Deck,One Space
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5695016023
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
559 Oak St Glendale, CA 91204
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