1055 Allen, Glendale, CA 91201

Property Description

1055-1057 Allen Avenue is a fully renovated five-unit multifamily property consisting of three buildings situated on a 10,079 sqft lot, offering a compelling blend of modern design, strong tenant demand, and long term investment stability. The property features four (4) 1 bedroom / 1 bathroom units and one (1) detached 2-bedroom / 1-bathroom single-family with a private backyard, All units interior and exterior have been completely gutted and renovated, with no expense spared. Interior upgrades include open floor plans, high ceilings, new flooring, recessed lighting, and modern white kitchens with generous cabinet space. Bathrooms have been upgraded with walk-in showers and contemporary fixtures, and in-unit laundry hookups are provided in every unit. The property offers private garages for each unit, accessed from the alley, along with a professionally landscaped courtyard featuring palm trees and fresh greenery, enhancing curb appeal and tenant satisfaction. This property offers excellent privacy, low operating costs, and minimal management needs. Conveniently located near shopping, dining, and major freeways, making a true turnkey investment with steady income potential and long-term upside in a strong rental market.