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For sale
  • Listing Provided by: 

    Thomas Khodjasarian DRE #02016048 818-203-9676,

    Sarian Realty,

    Henrik Khodjasarian DRE #01825430 818-434-5787,

    Sarian Realty

    $2,990,000

    616 E Lomita Ave, Glendale, CA 91205

    12beds
    10baths
    7,282sqft
    : 
    Multi Family
    Built in 1931
    -- sqft lot
    $2,955,000 Zestimate®
    $411/sqft
    $-- HOA

    What's special

    Presenting a fully renovated 4-unit apartment building with 4 additional ADU's with separate addresses alongside a separately metered three-bedroom, 1.5-bathroom single-family residence spanning over 1,200 sq. ft. This unique offering provides versatility—ideal for an owner-user seeking rental income or an investor acquiring a 9-unit income property with potential future development opportunities. The property owner has preliminary plans for a proposed three-story, 11-unit apartment development (buyer to verify all feasibility and requirements with the city). Apartment Complex (616-618 E Lomita Ave.) and single-family residence (622 E. Lomita Ave.) are to be sold together. Please do not disturb tenants or access the property without prior authorization. All offers are subject to interior inspection. For further details, contact the listing office.
    51 days
    on Zillow
    |
    126
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: June 27, 2025 at 09:57am

    Listing Provided by:

    Thomas Khodjasarian DRE #02016048 818-203-9676,

    Sarian Realty,

    Henrik Khodjasarian DRE #01825430 818-434-5787,

    Sarian Realty

    Source: CRMLS,MLS#: BB25132103MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 10
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 7,282
    • Total interior livable area: 7,282 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 7,159 Square Feet
    • Features: Front Yard
    Details
    • Parcel number: 5675004006
    • Zoning: GLR4YY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1931

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks
    Location
    • Region: Glendale

    Financial & listing details

    • Price per square foot: $411/sqft
    • Tax assessed value: $1,740,206
    • Annual tax amount: $19,547
    • Date on market: 6/13/2025
    • Listing terms: Cash to New Loan,Conventional,1031 Exchange
    • Total actual rent: 19067
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