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Sold for $1,660,000
    • Listed by: Remax Optima • Raymond Ovsepyan • Contact: 818-547-6300
    Bought with: NONMEMBER MRML
    $1,660,000

    1168 Justin Ave, Glendale, CA 91201

    6beds
    5baths
    2,865sqft
    Quadruplex
    Built in 1926
    -- sqft lot
    $1,666,900 Zestimate®
    $579/sqft
    $4,015 Estimated rent

    Home value

    $1,666,900

    $1.52M - $1.83M

    $4,015/mo

    Zestimate® history
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    What's special

    High Upside Investment – Vacant Unit at Close of Escrow RE/MAX Optima proudly represents 1168 Justin Ave, Glendale, CA 91201, a prime 4-unit opportunity located above Glenoaks Blvd — one of Glendale’s most desirable rental pockets. The property offers a strong unit mix: • One (1) 3BD / 2BA • One (1) 1BD / 1BA with 2 additional Unpermitted rooms. • Two (2) 1BD / 1BA Totaling 2,865 square feet across three separate buildings, the layout provides added privacy and consistent tenant demand. One of the 1-bedroom, 1-bathroom units is currently vacant, allowing a new owner to immediately capture market rent and significantly improve cash flow from day one. This is a rare opportunity to step into an asset with built-in upside without waiting for turnover. All units are in good condition, offering stable income with future rental growth potential. The property also features mature kumquat, orange, and apple trees, adding charm and appeal for tenants. Located in a strong rental corridor of Glendale with convenient access to shopping, dining, and major freeways, this is an excellent opportunity for investors seeking both immediate upside and long-term appreciation. Property sold in its present ‘AS-IS’ condition with no warranties or representations. Buyer to conduct their own due diligence and verify all aspects of the property including permits, bedroom/bathroom count, square footage, unit count, zoning, and buildability

    Zillow last checked:

    Listing updated:

    Listed by:

    Raymond Ovsepyan DRE #01362407 818-355-5589,

    Remax Optima,

    Andre Ovsepyan DRE #02160428,

    Tigran Abgaryan RE

    Bought with:

    kros Khachatur, DRE #02005813

    NONMEMBER MRML

    Source: CRMLS,MLS#: GD26019206MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    Rooms
    • Room types: Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom, Other
    Bedroom
    • Features: Bedroom on Main Level
    Heating
    • Central, Wall Furnace
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
    • Laundry: Common Area, Inside
    Features
    • Bedroom on Main Level
    • Flooring: Laminate, See Remarks, Tile
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,865
    • Total interior livable area: 2,865 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Concrete, Driveway
    • Garage spaces: 1
    • Uncovered spaces: 2
    Features
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    • Has view: Yes
    • View description: None
    Lot
    • Size: 9,052 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5623011021
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Drywall, Stucco
    • Foundation: See Remarks
    • Roof: Asphalt,Asbestos Shingle,Clay
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, See Remarks, Water Available, Water Connected

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $579/sqft
    • Tax assessed value: $425,492
    • Annual tax amount: $5,031
    • Date on market: 2/20/2026
    • Cumulative days on market: 10 days
    • Listing terms: Cash,Cash to New Loan
    • Total actual rent: 10190
    • Tenant pays: Electricity, Gas, See Remarks

    Price history

    DateEventPrice
    3/28/2026Sold$1,660,000-2.3%$579/sqft
    Source: CRMLS #GD26019206 Report a problem
    3/19/2026Contingent$1,699,000$593/sqft
    Source: CRMLS #GD26019206 Report a problem
    2/20/2026Listed for sale$1,699,000+563.7%$593/sqft
    Source: CRMLS #GD26019206 Report a problem
    3/22/2021Listing removed--
    Source: Owner Report a problem
    3/2/2020Listing removed$3,495$1/sqft
    Source: Owner Report a problem
    2/7/2020Price change$3,495-5.5%$1/sqft
    Source: Owner Report a problem
    1/20/2020Listed for rent$3,700$1/sqft
    Source: Owner Report a problem
    5/17/1996Sold$256,000$89/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,031 +2.6%$425,492 +2%
    2024$4,904 +2.2%$417,155 +2%
    2023$4,799 +1.8%$408,981 +2%
    2022$4,715 +2%$400,968 +2%
    2021$4,623 +1.4%$393,112 +1%
    2020$4,557 $389,084 +2%
    2019$4,557 +7.1%$381,461 +2%
    2018$4,255 $373,987 +2.1%
    2017$4,255 +1.6%$366,420 +2%
    2016$4,189 +3.8%$359,237 +1.5%
    2015$4,034 +2.4%$353,842 +2%
    2014$3,938 $346,912 +5.3%
    2010-- $329,458 -0.2%
    2009-- $330,242 +6.1%
    2006-- $311,197
    2005-- $311,197 +6%
    2003-- $293,633 +2%
    2002-- $287,877 +4%
    2000-- $276,701
    Find assessor info on the county website

    Neighborhood: Grandview

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    Estimated market value
    $1,666,900
    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
    $1,666,900

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