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Sold for $2,450,000
  • Listed by: Imperial Realty Co. • Rafik Bazikian • Contact: 818-956-3646
    Bought with: Glencore Properties
    $2,450,000

    1055 Allen Ave, Glendale, CA 91201

    6beds
    6baths
    3,080sqft
    Mixed Use
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $795/sqft
    $4,521 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,521/mo

    Zestimate® history
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    What's special

    Contemporary fixturesNew flooringHigh ceilingsModern white kitchensGenerous cabinet spaceEnhancing curb appealRecessed lighting
    1055-1057 Allen Avenue is a fully renovated five-unit multifamily property consisting of three buildings situated on a 10,079 sqft lot, offering a compelling blend of modern design, strong tenant demand, and long term investment stability. The property features four (4) 1 bedroom / 1 bathroom units and one (1) detached 2-bedroom / 1-bathroom single-family with a private backyard, All units interior and exterior have been completely gutted and renovated, with no expense spared. Interior upgrades include open floor plans, high ceilings, new flooring, recessed lighting, and modern white kitchens with generous cabinet space. Bathrooms have been upgraded with walk-in showers and contemporary fixtures, and in-unit laundry hookups are provided in every unit. The property offers private garages for each unit, accessed from the alley, along with a professionally landscaped courtyard featuring palm trees and fresh greenery, enhancing curb appeal and tenant satisfaction. This property offers excellent privacy, low operating costs, and minimal management needs. Conveniently located near shopping, dining, and major freeways, making a true turnkey investment with steady income potential and long-term upside in a strong rental market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rafik Bazikian DRE #01156134 818-434-3838,

    Imperial Realty Co.

    Bought with:

    Ogsen Mahseregyan, DRE #01295339

    Glencore Properties

    Source: CRMLS,MLS#: GD26015222MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Cooling
    • Central Air
    Appliances
    • Laundry: In Kitchen
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,080
    • Total interior livable area: 3,080 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 5
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 10,079 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5624008027
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Glendale

    Financial & listing details

    • Price per square foot: $795/sqft
    • Tax assessed value: $1,650,962
    • Annual tax amount: $18,384
    • Date on market: 1/22/2026
    • Cumulative days on market: 40 days
    • Listing terms: Cash to New Loan
    • Total actual rent: 13750
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    3/25/2026Sold$2,450,000$795/sqft
    Source: CRMLS #GD26015222 Report a problem
    3/11/2026Pending sale$2,450,000$795/sqft
    Source: CRMLS #GD26015222 Report a problem
    2/26/2026Price change$2,450,000-3.9%$795/sqft
    Source: CRMLS #GD26015222 Report a problem
    1/22/2026Listed for sale$2,550,000+72.3%$828/sqft
    Source: CRMLS #GD26015222 Report a problem
    11/28/2025Listing removed$2,550$1/sqft
    Source: CRMLS #GD25239909 Report a problem
    10/28/2025Price change$2,550-3.8%$1/sqft
    Source: CRMLS #GD25239909 Report a problem
    10/16/2025Listed for rent$2,650$1/sqft
    Source: CRMLS #GD25239909 Report a problem
    10/16/2025Listing removed$2,650$1/sqft
    Source: CRMLS #GD25231877 Report a problem
    10/3/2025Listed for rent$2,650$1/sqft
    Source: CRMLS #GD25231877 Report a problem
    10/2/2025Listing removed$2,650$1/sqft
    Source: CRMLS #GD25184556 Report a problem
    9/2/2025Price change$2,650-3.6%$1/sqft
    Source: CRMLS #GD25184556 Report a problem
    8/26/2025Price change$2,750-3.5%$1/sqft
    Source: CRMLS #GD25184556 Report a problem
    8/16/2025Listed for rent$2,850$1/sqft
    Source: CRMLS #GD25184556 Report a problem
    11/8/2018Sold$1,480,000$481/sqft
    Source: CLAW #18375276 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,384 +0.1%$1,650,962 +2%
    2024$18,360 +2.3%$1,618,591 +2%
    2023$17,950 +1.7%$1,586,855 +2%
    2022$17,647 +1.7%$1,555,742 +2%
    2021$17,350 +1.4%$1,525,238 +1%
    2020$17,119 $1,509,600 +2%
    2019$17,119 +71.8%$1,480,000 +72.9%
    2018$9,966 $855,741 +2%
    2017$9,966 +2%$838,963 +2%
    2016$9,775 +3.2%$822,513 +1.5%
    2015$9,470 +2.6%$810,159 +2%
    2014$9,234 $794,291 +752%
    2010-- $93,226 -0.2%
    2009-- $93,448 +6.1%
    2006-- $88,060
    2005-- $88,060 +8.1%
    2002-- $81,464 +4%
    2000-- $78,302
    Find assessor info on the county website

    Neighborhood: Grandview

    Nearby schools

    GreatSchools rating