1213 Mariposa St Glendale, CA 91205
Adams Hill NeighborhoodHighlights
- Laundry Room
- Level Lot
- 4-minute walk to Palmer Park
- Horace Mann Elementary School Rated A-
About This Home
As of January 2025GLENDALE - 5 UNITS - FIXER - CASH OR HARD MONEY ONLY. INCREDIBLE OPPORTUNITY, AMAZING PRICE FOR A REAL FIVE UNIT BUILDING. FIX AND SAVE. PRIME GLENDALE ADAMS HILL/ADAMS SQUARE MULTI UNIT FIXER. HUGE UPSIDE POTENTIAL!! FIRST TIME ON THE MARKET IN 25+ YEARS. UNDER MARKET RENTS – TREMENDOUS POSSIBILITIES. ZONED GLR4YY. Five units total PLUS a converted garage studio. Breakdown is as follows: One - 3 bedroom/2 bath front house (VACANT). One - 1 bedroom/1 bath unit (LEASED). THREE separate studio units (TWO ON MONTH TO MONTH and one gutted/vacant), plus a converted garage studio (WILL BE DELIVERED VACANT after COE). One of the studio units is vacant and gutted, and ready to be renovated. NEWLY UPDATED 1 BED/1 BATH UNIT - JUST REDONE (SEE NEW PICS). Lots of room for improvement. THREE total structures on the lot. Please do not disturb tenants or go on property. Front house built in 1912 - middle units built in the 1950's with a BRAND NEW ROOF INSTALLED ON BUILDING 2 - with the stand alone unit built in 1960's. DO NOT MISS YOUR CHANCE!! Active rents at this time are approximately $3787 TOTAL per month BUT this does not include newly vacant front house (which will easily double incoming rents), plus detached studio. CASH/HARD MONEY OR VERY STRONG DOWNPAYMENT ONLY AS THIS IS WILL REQUIRE A COMMERCIAL LOAN BECAUSE IT IS 5 UNITS.
Last Agent to Sell the Property
Arto Poladian
Redfin Corporation License #01779642

Property Details
Home Type
- Multi-Family
Year Built
- Built in 1912
Lot Details
- 7,550 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Home Design
- Apartment
Interior Spaces
- 2,958 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 6 Bathrooms
Listing and Financial Details
- Tenant pays for water
- Tax Lot 23
- Assessor Parcel Number 5676029011
- $751 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 1 Leased Unit
- 6 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/16/2025 01/16/25 | Sold | $1,235,000 | -1.1% | $418 / Sq Ft |
12/19/2024 12/19/24 | Pending | -- | -- | -- |
12/06/2024 12/06/24 | For Sale | $1,249,000 | -- | $422 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB24244859

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