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SoldDec 7, 2023Residential Income
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122 South Cedar Street

Glendale, CA 91205
Beds0
Baths0
Square Ft.8,280
$2,450,000
Listed for $3,000,000 · Sold Dec 7, 2023
Listing provided by Adrienne Barr, Berkadia

*PRICE REDUCED by $550,000! *Charming Value-Add Opportunity: Over $800/Unit Rental Upside *Once in a Lifetime Opportunity: Legacy Property Owned by the Family for Over 40 Years *Walking Distance to the Americana at Brand & Glendale Galleria: WalkScore 95 *Priced To Sell at $250,000 Per Unit *Market Cap: 6.7% *Landlord… Friendly City: Glendale's 7% Rent Ordinance Allows Higher Rent Increases Than the City of LA; Up to 8.8% Per State Law AB1482 *Glendale Is a Pro-Business City: Boasts No Gross Receipts or Business License Taxes *Not Subject to Mansion Tax * See Agent Remarks for Property Website. Rents shown in the OM rent roll are averages.

Listing Snapshot
Days online119
Last updatedSep 10, 2025
Property typeResidential Income
Beds0
Full baths0
Square ft.8,280
Lot size0.17 Acres
Year built1929
MLS number00-23299037

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