For Sale
1062 Raymond Avenue, Glendale, CA 91201
Overview
Property ID: SGR-33985537
- Residential Income
- 32
- 32
- 16169.00
- 1987
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.
Address
Open on Google Maps- Address 1062 Raymond Avenue
- City Glendale
- State/county CA
- Zip/Postal Code 91201
- Area 626 - Glendale-Northwest
- Country United States
Details
Updated on September 24, 2024 at 7:15 am- Property ID: SGR-33985537
- Price: $8,950,000
- Property Size: 16169.00 m²
- Land Area: 14842.00 m²
- Bedrooms: 32
- Bathrooms: 32
- Year Built: 1987
- Property Type: Residential Income
- Property Status: For Sale
- Living Area: 16169.00
- MLS#: 24441075
- Office Name: KIDDER MATHEWS OF CALIFORNIA, INC.
- Agent Name: David Saghian
- MLS Status: Active
- Living Area Prefix: Sqft
- Co-Office Name: Lyon Stahl Investment Real Estate, Inc.
- Co-Agent Name: Michael Monempour
- Agent State License: 01992252
- Co-Agent State License: 01996829
Additional details
- Cooling: Central Air
- Heating: Central
- County: Los Angeles
- Parking: 34.00
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