Description
We are please to present 427 lincoln avenue, an eleven-unit multifamily investment opportunity located in the somerset neighborhood of east glendale. this well-maintained asset will provide the next investor with the opportunity to capture approximately 33% in rental upside through an interior renovation program. the property also includes an occupied non-conforming one-bedroom unit that can be converted to an adu as bonus income. constructed in 1986, the asset comprises ten two-bedroom/two-bathroom units and one three-bedroom/two-bathroom units spread across 10,162 square feet. all units have separate meters for gas and electricity, individual water heaters, central hvac. the property has gated entry, an on-site laundry room, and subterranean parking with 27 parking spaces. the property sits on a 9,146 square foot lot and is zoned r2250, making the existing number of units irreplaceable with the current zoning. situated just south of colorado boulevard and east of verdugo road, 427 lincoln avenue is less than 2 miles from the americana on brand and less than 1 mile from eagle rock plaza. both colorado boulevard and verdugo road are major thoroughfares in glendale where tenants can find a variety of retail, restaurants, and places of business within these corridors. commuters are within minutes from the nearest on-ramp to the ca-2 and ca-134 freeways, offering ease of access to the eagle rock, highland park, burbank, los feliz, atwater, downtown los angeles, and all of san gabriel valley.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50402975
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 23
Bathroom Information
- Total Baths: 22
- Full Baths: 0
- Half Baths: 0
Interior Features
- Property Appliances: Disposal,Refrigerator
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1986
- Building Area Total: 10,162
Security Features
- Carbon Monoxide Detector(s),Fire Sprinkler System,Security Gate,Gated Community,Smoke Detector(s)
Pool Features
- None
Laundry Features
- Laundry Room
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.21
- Lot Size Source: Other
- Lot Size Square Feet: 9146
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Listing Information
Listing Price Information
- Original List Price: 4,375,000
- Listing Contract Date: 2025-07-11
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 5680020005
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Underground
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 628 - Glendale-South of 134 Fwy
- Directions: 134 East towards Pasadena take exit 98 for Harvey Dr., turn right. to E Wilson turn left. continue on to W Broadway, turn right on Eagle Dale Ave, turn right on Colorado Blvd. turn left on Lincoln Ave. Property will be on right.
- Zoning: R2250
- Source Property Type: Residential Income
- Area: 628 - Glendale-South of 134 Fwy
Building and Construction
- Property Age: 39
- Property Condition: Updated/Remodeled
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 10162
- Levels or Stories: Multi/Split
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BuyOwner last updated this listing 07/26/2025 @ 05:01
- MLS: 25563101
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 23 bedrooms which is for sale, it has 10,162 sqft, 9,146 sized lot, and 0 parking. are nearby neighborhoods.