Description
We are pleased to present 517 fischer street, a nine-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 26% in rental upside through an interior renovation program. the property also includes an occupied non-conforming studio unit that can be converted to an adu as bonus income. constructed in 1989, the asset comprises eight two-bedroom/two-bathroom units and one three-bedroom/two-bathroom unit spread across 8,756 square feet. all units have separate meters for gas and electricity, individual water heaters, mini-split hvac units. the property has gated entry, an on-site laundry room, and subterranean parking with 19 parking spaces. the property sits on a 7,497 square foot lot and is zoned r3050, 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
50402968
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 19
Bathroom Information
- Total Baths: 18
- Full Baths: 0
- Half Baths: 0
Interior Features
- Property Appliances: Disposal,Refrigerator
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
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Exterior Features
Building Information
- Year Built: 1989
- Building Area Total: 8,756
Security Features
- Carbon Monoxide Detector(s),Fire Sprinkler System,Gated Community,Smoke Detector(s)
Laundry Features
- Laundry Room
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1721
- Lot Size Dimensions: 50x150
- Lot Size Source: Other
- Lot Size Square Feet: 7497
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Listing Information
Listing Price Information
- Original List Price: 3,800,000
- Listing Contract Date: 2025-07-11
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 5680014022
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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 left on S Verdugo Rd, turn right on E Maple St, At the traffic circle, take the 1st exit onto Fischer St. property is on the left.
- Zoning: R3050
- Source Property Type: Residential Income
- Area: 628 - Glendale-South of 134 Fwy
Building and Construction
- Property Age: 36
- Property Condition: Updated/Remodeled
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 8756
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 07/26/2025 @ 05:01
- MLS: 25563183
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 19 bedrooms which is for sale, it has 8,756 sqft, 7,497 sized lot, and 0 parking. are nearby neighborhoods.