CA > Glendale
Glendale, CA 91205,517 Fischer St
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Glendale, CA 91205,517 Fischer St
Glendale, CA 91205,517 Fischer St
Glendale, CA 91205,517 Fischer St
Glendale, CA 91205,517 Fischer St
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 3,800,000
Est. payment /mo
Save
Active Under Contract

517 Fischer St Glendale, CA 91205

19 Beds

18 Baths

8,756 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 8,756 sqft

Price per Sqft $433

MLS Listing ID 25563183

Bedrooms 19

Construction Status Updated/Remodeled

Year Built 1989

Lot Size 7,497 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property 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.

Location

State CA

County Los Angeles

Area Glendale-South Of 134 Fwy

Zoning R3050

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Garbage Disposal, Refrigerator, Range/Oven, Intercom

Laundry Room

Exterior

Parking Features Subterranean

Garage Spaces 19.0

Building

Story 1

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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