1062 Raymond Avenue
Glendale, CA 91201
16169 sqft | 32 beds | 0.34 acres | #24441075
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 Details
- Bedrooms32
Property Details
- Stories2
Measurements
- Acres0.3407
- Square Feet16169
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1987
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$8,950,000
Other
- MLS #24441075
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: David Saghian (#CLW-C134249)
Listing Office: Kidder Mathews of California, Inc. (#CLW-X82410)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
