559 Oak Street, Glendale, CA 91204

Property Description

Exceptional opportunity to acquire a turnkey 4-unit multifamily property in desirable Glendale, CA, featuring two newly constructed 2026 ADUs and two extensively renovated front residences. All four units offer spacious 1-bedroom floor plans with modern finishes and thoughtful upgrades throughout. Improvements include new laminate flooring, recessed lighting, quartz countertops, beautifully tiled showers, new LG WashTower washer/dryer units, modern kitchen appliances, and expansive private decks and outdoor living spaces. The newly constructed rear ADUs feature impressive 9+ foot ceilings and private 200+ square foot back patios are being finished. The two front units are currently leased, providing immediate rental income, while the two brand-new rear ADUs are vacant and ready for occupancy, offering flexibility for both investors and owner-users. An ideal opportunity to live in one unit while collecting rental income from the remaining three, or lease all four to maximize cash flow. With a mix of New Construction and Major Capital Improvements all around, this low-maintenance investment offers an attractive combination of modern living, immediate income, rental upside, and long-term appreciation potential in the highly sought-after Glendale rental market. A rare turnkey offering in one of the strongest rental markets in the country.