Stunning 5-Unit Building Above Glenoaks! 2 units will be delivered vacant! 5.71% CAP RATE! First time on the market in 41 years! Incredible investment opportunity in prime North of Glenoaks. 5-unit building offers a fantastic mix of comfortable living spaces and ample parking, making it a dream for both investors and future residents. Its unit mix consists of: (1) 3 Bed, 2 Bath with private yard (VACANT), (1) 2 Bed, 1 Bath (VACANT), (1)2 Bed,1 Bath Plus Den can be used as third bedroom, (1) 2 Bed, 1 Bath Largest floor plan with 400 SQFT private deck! 6 Parking spots with own laundry room on the first floor. Conveniently located in a sought-after area in Glendale 91201 North of Glenoaks Blvd, this property offers easy access to schools, shopping, dining, and transportation, making it highly attractive for renters. Act fast, as opportunities like this are rare!
Sold for $2,100,000
Listed by: Windfall Realty Group Inc • Arin Baroni • Contact: 818-612-3242
Bought with: Re/Max Tri-City Realty
$2,100,000
1164 Raymond Ave, Glendale, CA 91201
10beds
6baths
5,156sqft
Multi Family
Built in 1964
-- sqft lot
$2,071,600 Zestimate®
$407/sqft
$3,620 Estimated rent
Home value
$2,071,600
$1.86M - $2.30M
$3,620/mo
Zestimate® history
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$13,240/mo
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Zillow last checked:
Listing updated:
Listed by:
Arin Baroni DRE #01895781 310-402-1797,
Windfall Realty Group Inc
Bought with:
Arthur Mangassarian, DRE #00751703
Re/Max Tri-City Realty
Source: CRMLS,MLS#: GD25019221
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: 6 Burner Stove
- Laundry: Common Area
Features
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,156
- Total interior livable area: 5,156 sqft
Property
Parking
- Total spaces: 1
- Parking features: Assigned
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: 50
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 6,701 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5623016007
- Zoning: GLR4YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Features: Mountainous
Location
- Region: Glendale
Financial & listing details
- Price per square foot: $407/sqft
- Date on market: 1/27/2025
- Cumulative days on market: 11 days
- Listing terms: Cash,Cash to New Loan
- Tenant pays: Electricity, Trash Collection
Price history
| Date | Event | Price |
|---|---|---|
| 3/18/2025 | Sold | $2,100,000+16.7%$407/sqft |
Source:  CRMLS #GD25019221 Report a problem | ||
| 2/14/2025 | Pending sale | $1,799,999$349/sqft |
Source: CRMLS #GD25019221 Report a problem | ||
| 1/27/2025 | Listed for sale | $1,799,999$349/sqft |
Source: CRMLS #GD25019221 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Grandview
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Nearby schools
GreatSchools rating
- 7/10Thomas Jefferson Elementary SchoolGrades: K-6Distance: 0.3 mi
- 7/10Eleanor J. Toll Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Herbert Hoover High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$2,071,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,071,600
- California
- Los Angeles County
- Glendale
- 91201
- Grandview
- 1164 Raymond Ave
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