Description

We are pleased to present a unique live-in plus investment opportunity at 1112 S. Adams Street, a five-unit multifamily property located in Glendale’s desirable Adams Square neighborhood, adjacent to the well-known Art’s Bakery. The property is offered at a list price of $2,200,000, representing approximately $440,000 per unit and $303 per square foot, with a total of 7,259 square feet of building area situated on a 7,905 square foot lot. The property features exceptionally large units, anchored by Unit #1, a two-story, townhome-style residence totaling approximately 2,300 square feet and configured with three bedrooms and four bathrooms. The lower level includes three bedrooms and three bathrooms, a large living room, and an oversized family room. The upper level features a full kitchen, an additional living area, a home office, and a fourth bathroom ideal for modern live-work use. The four rear units average approximately 1,200 square feet each, supporting strong tenant demand and stable long-term performance. For an owner-user, rental income from the rear units can materially offset the cost of occupying Unit #1, while preserving upside through future rent growth and appreciation. The size and configuration of Unit #1 may also provide future ADU or unit reconfiguration potential, subject to buyer verification, offering additional upside without the complexity of full redevelopment.