Location, location, location! A great investment opportunity with rental income potential and low maintenance and upkeep required. Come see this well maintained 20 unit multi-family residential building in a prime location in Glendale. Features: Total of 20 units- (1) 3BD+2BTH, (11) 2BD+2BTH, (7) 1BD+1BTH, (1) Studio. This beautiful property features an access ramp from the subterranean parking garage and street level to the ground floor of the building. Amenities include: subterranean gated parking, laundry facility, dual pane windows, central air and heat, private patios/balconies. Close to the 5 and 134 freeways and within walking distance of many shops and transportation.
Off market
$7,454,300
1062 Raymond Ave, Glendale, CA 91201
--beds
--baths
16,169sqft
Mixed Use
Built in 1987
-- sqft lot
$7,454,300 Zestimate®
$461/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 13, 2022 at 04:20pm
Source: CRMLS,MLS#: BB22178330
Originating MLS: California Regional MLS
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Water Heater, Dryer
- Laundry: Common Area, Gas Dryer Hookup, Laundry Room
Features
- Balcony
- Flooring: Concrete
- Has fireplace: Yes
- Fireplace features: See Remarks
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 16,169
- Total interior livable area: 16,169 sqft
Property
Parking
- Total spaces: 31
- Parking features: Attached Carport, Assigned, Covered, Gated
- Garage spaces: 23
- Carport spaces: 8
- Covered spaces: 31
Accessibility
- Accessibility features: Parking, Accessible Approach with Ramp
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 0.34 Acres
- Features: Near Park, Near Public Transit, Sprinkler System
Details
- Parcel number: 5623024025
- Zoning: GLR4YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Mixed Use
Materials
- Stucco
- Roof: Flat
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Electric: Electricity - On Property
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Resident Manager
Community
- Community features: Street Lights, Sidewalks, Park
Location
- Region: Glendale
Other
Other facts
- Listing terms: 1031 Exchange
- Road surface type: Paved
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Estimated market value
$7,454,300