Active
1062 Raymond Ave
Glendale CA, 91201
$8,950,000
$553.53 per sqft
Active
32 Beds
32 Baths
16,169 sqft
Multi-family
Built in 1987
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.
24-441075
MLSⓇ ID
September 17, 2024
Listed
September 18, 2024
Updated
Map
1062 Raymond Ave
Glendale CA, 91201
Interior Features
Total Stories
2
Bedrooms
32
Total Bathrooms
32
Appliances
Microwave, Dishwasher, Refrigerator
Fireplace
No
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.34 Acres
Other Property Details
Area Name
Glendale-Northwest
Garage
No
Parking
Subterranean, Carport Attached
Parking Total
34
View
No
County
Los Angeles
Pool
No
Zoning
GLR4YY
Listed by David Saghian with Kidder Mathews of California, Inc.
Listing Contact: 818-231-5540
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Renee Ryan | CA DRE# 02058023 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/18/2024
