1142-1148 Western Ave Immeuble residentiel 17 lots 4 277 218 € (251 601 €/Lot) Glendale, CA 91201

Rare opportunity to acquire a prime 17-unit multifamily asset in the heart of Glendale, located at **1142–1148 Western Ave**. Situated on a **massive 23,000+ sq ft lot**, this well-maintained property offers both stable in-place income and significant value-add potential through the development of **up to 8 ADUs** (Accessory Dwelling Units) – an exceptional opportunity for savvy investors or developers.
**Key Highlights:**
* **17 Existing Units**: A strong mix of units with long-term tenants and upside potential through strategic renovations or repositioning.
* **Huge Lot**: Over **23,000 sq ft** of land in a central Glendale location — ideal for ADU additions or future redevelopment.
* **ADU Potential**: Conceptual plans indicate the possibility of constructing **up to 8 ADUs**, significantly increasing total unit count and future revenue.
* **Desirable Location**: Located just minutes from downtown Glendale, The Americana at Brand, major freeways, and top employment centers.
* **Ample On-Site Parking**: Surface parking available for existing and future units, enhancing tenant convenience and marketability.
* **Stable Income with Upside**: Current rents offer a solid foundation with considerable headroom for increases through renovation and expansion.
This is a rare, high-potential property ideal for an investor looking to capitalize on Glendale's strong rental demand, pro-ADU zoning climate, and value-add upside.