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1516 E Maple Street

Glendale, CA 91205
  • $1,890,000
  • STATUS: Active
  • ON SITE: 94 Days
  • ID#: 23286187
UPDATED: 114 min ago
$1,890,000
  • 6
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,639
    SQFT
  • $519
    $/SQFT
Type:
Multi-Family
Built:
1938
County:

School Ratings & Info

Listing Agent(s): Daniel Withers of Matthews Real Estate Investment Services (866-889-0550)


Description

1516 E Maple St is a two-building apartment structure located in Glendale, CA. Hand-built by a master brick mason in 1938 and last on the market in the 1960s, this property offers a stunning two-story, three-bedroom, one-and-a-half-bathroom house, as well as four income-producing one-bedroom apartments. It presents an ideal owner-user opportunity, having been well-maintained and providing tenants with on-site parking and a spacious floorplan. The main house showcases remarkable craftsmanship, including built-in cabinetry, a handmade banister in the staircase, and two beautiful brick fireplaces (one of which is decorative). Furthermore, the main house features hardwood floors, exposed beam ceilings, and central heating. The two upstairs units share a full bathroom, while the master bedroom downstairs includes an en-suite bathroom and its own private entry. The four-unit apartment structure situated at the rear of the property includes designated parking spaces and porch areas for each unit. Each of the approximately 536 square foot units comprises a living room and kitchen area. These units are highly sought-after in a desirable part of Glendale and are currently occupied by excellent and punctual tenants. Make this beautiful property your new home or investment property! One could occupy the single-family residence and offset the mortgage with income generated from the additional four units. Conveniently located near the Americana at Brand and the Glendale Galleria, tenants of 1516 E Maple St can enjoy high-end shopping, dining, and entertainment. Additionally, the property is only 10 minutes away from Dreamworks and Disney Imagineering. Situated adjacent to the 134 and 2 freeways, the property offers easy access to transportation, and there are numerous parks and schools in the surrounding area.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/141090848
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1516 E Maple Street Glendale, CA 91205

  • Price: $1,890,000
  • Status: Active
  • On Site: 94 Days
  • Updated: 114 min ago
  • ID#: 23286187
6
Beds
0
Baths
0
½ Baths
0.17
Acres
3,639
SQFT
$519
$/SQFT
1938
Built
Neighborhood:
628 - Glendale-South of 134 Fwy
County:
Los Angeles
Area:
628 - Glendale-South of 134 Fwy
Property Description
1516 E Maple St is a two-building apartment structure located in Glendale, CA. Hand-built by a master brick mason in 1938 and last on the market in the 1960s, this property offers a stunning two-story, three-bedroom, one-and-a-half-bathroom house, as well as four income-producing one-bedroom apartments. It presents an ideal owner-user opportunity, having been well-maintained and providing tenants with on-site parking and a spacious floorplan. The main house showcases remarkable craftsmanship, including built-in cabinetry, a handmade banister in the staircase, and two beautiful brick fireplaces (one of which is decorative). Furthermore, the main house features hardwood floors, exposed beam ceilings, and central heating. The two upstairs units share a full bathroom, while the master bedroom downstairs includes an en-suite bathroom and its own private entry. The four-unit apartment structure situated at the rear of the property includes designated parking spaces and porch areas for each unit. Each of the approximately 536 square foot units comprises a living room and kitchen area. These units are highly sought-after in a desirable part of Glendale and are currently occupied by excellent and punctual tenants. Make this beautiful property your new home or investment property! One could occupy the single-family residence and offset the mortgage with income generated from the additional four units. Conveniently located near the Americana at Brand and the Glendale Galleria, tenants of 1516 E Maple St can enjoy high-end shopping, dining, and entertainment. Additionally, the property is only 10 minutes away from Dreamworks and Disney Imagineering. Situated adjacent to the 134 and 2 freeways, the property offers easy access to transportation, and there are numerous parks and schools in the surrounding area.
Exterior Features

Parking Total 5

Property Features

Association YN No Cap Rate 4.2 Gross Income 121620 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 78642 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Glr4yy



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Daniel Withers of Matthews Real Estate Investment Services (866-889-0550)