320 E California, Glendale, CA 91206

Property Description

RARE DOWNTOWN GLENDALE OPPORTUNITY - This unique property consists of three residential units: two one-bedroom, one-bath units and one studio. Current rents reflect actual income, and one of the one-bedroom units will become vacant after November 15, 2026, creating an exceptional opportunity for an owner-user to live in one unit while collecting rental income from the other two. An Additional Opportunity: The property can also be purchased together with the adjacent two-unit property at 318 E. California Avenue, which is situated on a separate parcel. This provides buyers with the potential flexibility of residential financing rather than commercial financing. Together, the two properties offer a total of five residential units, consisting of four one-bedroom, one-bath units and one studio. According to assessor records, the combined properties offer approximately 2,414 square feet of building area on a generous 5,920-square-foot lot. Whether you are an owner-user looking to offset your housing expenses, a multigenerational family seeking flexible living arrangements, or an investor looking to expand your portfolio, this is a rare opportunity to acquire multiple residential units in a desirable Downtown Glendale location. Live in one. Collect rent from the others. Explore the possibilities. A rare find in Glendale!