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719 Jackson Street, Glendale, CA 91206
Priced at Only: $1,950,000
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Address: 719 Jackson Street, Glendale, CA 91206
Property Location and Similar Properties
- MLS#: 26641643 ( )
- Street Address: 719 Jackson Street
- Viewed: 2
- Price: $1,950,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1930
- Bldg sqft: 0
- Days On Market: 11
- Additional Information
- County: LOS ANGELES
- City: Glendale
- Zipcode: 91206
- Provided by: Marcus & Millichap
- Contact: Gregory Gregory

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DescriptionWe are pleased to present 719 N Jackson St, a well maintained 6 unit multifamily property in Glendale, California. Following acquisition in 2004, the owner completed a full down to the studs renovation of each unit, creating expansive, open concept floor plans highlighted by 9 foot ceilings. As part of the renovation, all electrical and plumbing systems were replaced, significantly reducing future capital expenditure requirements. Each unit is fully equipped with in unit washer/dryer and individual HVAC system, and dedicated water heater. Additionally, all units are separately metered for gas and electricity, providing enhanced utility control and improved operating efficiency. The property features a unique and versatile unit mix designed to attract a broad tenant base:* Two (2) oversized 2 bedroom + office, 2 bath units at approximately 1,300 square feet each* Two (2) 1 bedroom, 1 bath units at approximately 750 square feet each* Two (2) 1 bedroom, 1 bath units at approximately 550 square feet each At the rear of the property is a two car garage along with four (4) separate storage units. Existing leases do not include parking, creating an attractive opportunity for a new owner to unlock further value, including the potential addition of Accessory Dwelling Units (ADUs). From an income growth standpoint, the asset benefits from Glendale's rental regulations, which allow up to a 7% soft cap on annual rental increases. This framework enables ownership to recapture in place rental upside and keep pace with market rent growth, which can be considerably more challenging in neighboring cities such as Burbank, Pasadena, and Los Angeles. With its comprehensive renovations, modern amenities, favorable rent growth environment, and ADU possibilities, 719 N Jackson St represents an outstanding opportunity for investors seeking durable cash flow and meaningful long term appreciation in one of Southern California's most sought after multifamily submarkets.
Features
Appliances
- Dishwasher
- Disposal
- Refrigerator
- Gas Cooktop
- Oven
Building Area Total
- 5300.00
Country
- US
Direction Faces
- East
Heating
- Central
Laundry Features
- Washer Included
- Dryer Included
Levels
- Two
Netoperatingincome
- 97711.00
Parcel Number
- 5644017029
Parking Features
- Garage - Two Door
Postalcodeplus4
- 2016
Property Condition
- Updated/Remodeled
Sourcesystemkey
- 26641643:CLAW
Totalexpenses
- 52736.00
Uncovered Spaces
- 1.00
Vacancyallowance
- 4653
Virtual Tour Url
- https://www.dropbox.com/scl/fo/magofhd5w3kflqqv67qb6/APPrVmd-FNAp5d7YKWl7_-Y?rlkey=o9sz9dav6k824z89ht4ij1nh1&st=4wrldah5&dl=0
Year Built
- 1930
Zoning
- GLR4*
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com














