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1231 Romulus Dr
For Sale $1,300,000 ($422.90 per Sq Ft)
$1,300,000 ($422.90 per Sq Ft)
- 5 Units
- 3,074 Sq Ft
- 6,778 Sq Ft
- Unknown Cap Rate
Description
First time on the market in 46 years! Five-unit investment opportunity in the highly sought-after Adams Hill neighborhood of Glendale. Situated on a well-positioned lot, this unique property consists of two separate buildings. The front building features two spacious 1-bedroom, 1-bath residences, each approximately 740 sqft, while the rear building offers three charming 1-bedroom, 1-bath units, each approximately 500 sqft. Adding to the property's appeal, one of the larger front units features a private front deck, while two of the rear units enjoy balconies accessed through French doors, creating an inviting indoor-outdoor living experience. All five units have been upgraded with new windows and are equipped with individual wall-mounted air conditioning units. Parking is abundant, with the larger units each enjoying two dedicated parking spaces and the smaller units each assigned one parking space. The property also includes two detached enclosed garages, currently generating additional income as separately rented storage spaces, with the flexibility to be used for vehicle parking if desired. The resurfaced driveway further enhances the property's curb appeal and functionality. Additional improvements include updated electrical panels and meters.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,300,000 |
| Property Type | Multi-Family |
| Usable Sqft | 3,074 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1949 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5679009021 |
| MLS # | 26843871 |
| Property ID | 292793708 |
| Lot Sqft | 6,778 |
| Zoning | GLR3YY |
| Total Units | 5 |
| Days on Market | 12 |
| Original List Price | $1,300,000 |
| Date Updated | June 13, 2026 |
| Date Created | June 05, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 1 | 1.00 | $1,270 | $2,000 |
| Unit #2 | 1 | 1.00 | $1,295 | $2,000 |
| Unit #3 | 1 | 1.00 | $1,025 | $1,700 |
| Unit #4 | 1 | 1.00 | $1,045 | $1,700 |
| Unit #5 | 1 | 1.00 | $1,045 | $1,700 |
| Gross Income (Yr) | $ 68,335 |
| Operating Expenses | $ 0 |
| Net Income (Yr) | $ 0 |
Listing Provided By
Laura Moreno an agent of Keller Williams Realty Los Feliz. Lic #01950438
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