CA > Glendale
Glendale, CA 91201,1062 Raymond Ave
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Glendale, CA 91201,1062 Raymond Ave
Glendale, CA 91201,1062 Raymond Ave
Glendale, CA 91201,1062 Raymond Ave
Glendale, CA 91201,1062 Raymond Ave
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Brandon Arlington

Brandon Arlington

+1(781) 385-0196
$ 8,950,000
Est. payment /mo
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Active

1062 Raymond Ave Glendale, CA 91201

32 Beds

32 Baths

16,169 SqFt

UPDATED:

09/25/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,169 sqft

Price per Sqft $553

MLS Listing ID 24-441075

Bedrooms 32

Year Built 1987

Lot Size 0.341 Acres

Acres 0.3407

Property Description

1060 Raymond Ave, Glendale, CA 91201, is a 20-unit multifamily property consisting of 1 three-bedroom/two-bath, 11 two-bedroom/two-bath, 7 one-bedroom/one-bath, and 1 studio unit, totaling 16,169 square feet. Built in 1987, the property falls under AB1482 rent control legislation and offers 22% upside in rents. Located in a highly walkable Glendale neighborhood with easy access to major freeways, retail, and dining, the property enjoys strong occupancy and demand. With diverse unit offerings and significant potential for rental growth, this asset presents a prime investment opportunity in a thriving Los Angeles submarket.

Location

State CA

County Los Angeles

Area Glendale-Northwest

Zoning GLR4YY

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Microwave, Dishwasher, Refrigerator

Exterior

Garage Subterranean, Carport Attached

Garage Spaces 34.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Kidder Mathews of California, Inc.