$8,950,000
Active
32 Days Online
32 Beds32 Baths16,169 SQFT
Active

1062 Raymond Avenue Glendale, CA 91201

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site32 Days
  • MLS StatusActive
  • MLS ID Number24441075
  • Home Size Source N/A
  • Year Built1987
  • Lot Size0.3407 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking SubterraneanAttached Carport
  • Parking Spaces 34
  • Number of Stories Multi/Split2
  • Acreage 0.3407
  • Attached Garage Yes
  • Zoning GLR4YY
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating Central
  • Appliances DishwasherMicrowaveRefrigerator

Community Features

  • Senior Community No
  • MLS Area 626 - Glendale-Northwest

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Monthly Payment (Est.)

$44,974
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