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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$1,199,000

Est. payment - /mo

5 Beds

5 Baths

6,062 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD26055082

Bedrooms 5

Lot Size 6,062 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Exceptional investment opportunity in the heart of Glendale. 343 Concord St features a triplex configuration plus an additional non-conforming studio unit, offering strong current income with further upside potential. The property includes three units along with an additional occupied studio. The front 3-bedroom home is to be delivered vacant, presenting an excellent opportunity for owner-occupancy or rental repositioning. Upgrades throughout the units include: laminate flooring, updated kitchens with modern countertops, renovated bathrooms, and ongoing maintenance over the years. The property offers four on-site parking spaces for tenants plus ample street parking. There is a non-conforming addition to the front structure currently occupied. This property is being marketed in conjunction with the neighboring property at 345 Concord St, creating a rare opportunity for investors or developers seeking multiple side-by-side parcels with potential development upside. Zoning is believed to be R2250 (buyer to verify). Ideally located near major freeways, shopping centers, Glendale Galleria, and The Americana at Brand, the location offers strong rental demand and long-term growth potential. Drive-by only. Do not disturb occupants.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Concord street

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 5638018047

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Tereza Toramanyan, DRE#02038821 Coldwell Banker Hallmark

Nearby School & Business

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

343 Concord Street Glendale, CA 91203

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

GET MORE INFORMATION