1062 Raymond Avenue, Glendale, CA 91201
-
Listed Price :
$8,950,000
-
Beds :
32
-
Baths :
32
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Property Size :
16,169 sqft
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Year Built :
1987
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.
Interior Features
| Bedroom Information |
| Bedrooms |
32 |
| Bathroom Information |
| Bathrooms |
32 |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
1062 Raymond Avenue |
| City |
Glendale |
| State |
CA |
| Zip |
91201 |
| County |
Los Angeles |
| Listing Agent |
David Saghian DRE #01992252 |
| Co-Listing Agent |
Michael Monempour DRE #01996829 |
| Courtesy Of |
Kidder Mathews of California, Inc. |
| List Price |
$8,950,000 |
| Status |
Hidden |
| Type |
Residential Income |
| Structure Size |
16,169 |
| Lot Size |
14,842 |
| Year Built |
1987 |
Listing information courtesy of: David Saghian, Michael Monempour, Kidder Mathews of California, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:50 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
