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Under contract
    • Listed by: Sarian Realty • Henrik Khodjasarian • Contact: 818-434-5787
    $2,590,000

    616 E Lomita Ave, Glendale, CA 91205

    12beds
    8baths
    6,078sqft
    : 
    $16,932/mo
    Get pre-qualified
    Multi Family
    Built in 1931
    -- sqft lot
    $2,590,100 Zestimate®
    $426/sqft
    $-- HOA

    What's special

    Contemporary finishesOn-site community laundryQuartz countertopsStainless-steel sinksVinyl plank flooring
    Please read description completely! Offering for sale presents a rare, high-density residential assemblage in the heart of Glendale’s coveted Mariposa neighborhood. Providing a unique "buy-and-hold" income stream or a powerhouse development site. The crown jewel of the portfolio is 616 E Lomita Ave, a 1931-built multi-family complex that has been meticulously transformed into an 8-unit income generator. The site features a fully renovated 4-unit apartment building paired with 4 modern ADUs, totaling 6,078 square feet of living space with 12 bedrooms and 8 bathrooms. Each unit boasts contemporary finishes, including vinyl plank flooring, quartz countertops, and stainless-steel sinks. Investors will appreciate the operational efficiency of 5 separate electric and gas meters, gated parking for up to 10 vehicles, and on-site community laundry. Boasting a 92 Walk Score, this assemblage is a "Walker’s Paradise" located just blocks from The Americana at Brand and the Glendale Galleria. With easy access to the 134, 5, and 2 freeways and top-tier Glendale Unified schools, this is a premier opportunity to dominate a prime slice of the Glendale real estate market.
    133 days
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    21
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    Zillow last checked:

    Listing updated:

    Listed by:

    Henrik Khodjasarian DRE #01825430 818-434-5787,

    Sarian Realty

    Source: CRMLS,MLS#: BB26064019MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 8
      Heating
      • Electric, Natural Gas, Wall Furnace
      Cooling
      • Whole House Fan, Wall/Window Unit(s)
      Appliances
      • Laundry: Washer Hookup, Gas Dryer Hookup
      Features
      • Balcony, Ceiling Fan(s), Multiple Staircases
      • Windows: Blinds, ENERGY STAR Qualified Windows
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 6,078
      • Total interior livable area: 6,078 sqft

      Property

      Parking
      • Parking features: Assigned
      Features
      • Entry location: street
      • Exterior features: Lighting, Rain Gutters
      • Pool features: None
      Lot
      • Size: 7,159 Square Feet
      • Features: 6-10 Units/Acre
      Details
      • Additional structures: Storage
      • Parcel number: 5675004006
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Spanish
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Copper Plumbing
      • Foundation: Raised
      • Roof: Flat,Foam
      Condition
      • Building Permit,Updated/Remodeled
      • New construction: No
      • Year built: 1931

      Utilities & green energy

      • Electric: 440 Volts
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Features: Sidewalks
      • Security: Smoke Detector(s)
      Location
      • Region: Glendale

      Financial & listing details

      • Price per square foot: $426/sqft
      • Tax assessed value: $1,775,009
      • Annual tax amount: $20,004
      • Date on market: 3/24/2026
      • Cumulative days on market: 134 days
      • Listing terms: Cash to New Loan
      • Total actual rent: 15748
      • Road surface type: Paved

        Estimated market value

        $2,590,100

        $2.36M - $2.85M

        $3,203/mo

        Price history

        DateEventPrice
        7/7/2026Contingent$2,590,000$426/sqft
        Source: CRMLS #BB26064019 Report a problem
        7/7/2026Listed for sale$2,590,000$426/sqft
        Source: CRMLS #BB26064019 Report a problem
        5/1/2026Contingent$2,590,000$426/sqft
        Source: CRMLS #BB26064019 Report a problem
        4/19/2026Price change$2,590,000-7.2%$426/sqft
        Source: CRMLS #BB26064019 Report a problem
        4/14/2026Price change$2,790,000-0.2%$459/sqft
        Source: CRMLS #BB26064019 Report a problem
        3/25/2026Listed for sale$2,795,000-6.5%$460/sqft
        Source: CRMLS #BB26064019 Report a problem
        9/9/2025Listing removed$2,990,000$492/sqft
        Source: SDMLS #BB25132103 Report a problem
        6/28/2025Listed for sale$2,990,000+57.8%$492/sqft
        Source: SDMLS #BB25132103 Report a problem
        5/3/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        4/28/2021Listed for rent$1,800-14.3%
        Source: Zillow Rental Manager Report a problem
        8/21/2018Listing removed$1,895,000$312/sqft
        Source: Sarian Realty #BB18011081 Report a problem
        7/23/2018Price change$1,895,000-5.1%$312/sqft
        Source: Sarian Realty #BB18011081 Report a problem
        7/16/2018Listed for sale$1,997,000+0.1%$329/sqft
        Source: Sarian Realty #BB18011081 Report a problem
        6/21/2018Listing removed$2,100
        Source: Zillow Rental Manager Report a problem
        6/6/2018Price change$2,100+5%
        Source: Zillow Rental Manager Report a problem
        6/5/2018Listed for rent$2,000
        Source: Zillow Rental Manager Report a problem
        5/19/2018Listing removed$1,995,000$328/sqft
        Source: Sarian Realty #BB18011081 Report a problem
        2/5/2018Listed for sale$1,995,000+42.5%$328/sqft
        Source: Sarian Realty #BB18011081 Report a problem
        1/18/2017Sold$1,400,000-17.1%$230/sqft
        Source: Public Record Report a problem
        9/20/2016Pending sale$1,689,000$278/sqft
        Source: Sarian Realty #316005351 Report a problem
        8/26/2016Listed for sale$1,689,000+109.8%$278/sqft
        Source: Sarian Realty #316005351 Report a problem
        4/30/2009Sold$805,000-16.1%$132/sqft
        Source: Public Record Report a problem
        4/1/2005Sold$960,000$158/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$20,004 +2.3%$1,775,009 +2%
        2024$19,547 +2.3%$1,740,206 +2%
        2023$19,106 +1.8%$1,706,085 +2%
        2022$18,777 +1.8%$1,672,633 +2%
        2021$18,438 +1.4%$1,639,837 +1%
        2020$18,174 $1,623,024 +2%
        2019$18,174 +14.4%$1,591,200 +11.4%
        2018$15,889 $1,428,000 +59.9%
        2017$15,889 +55.9%$893,208 +2%
        2016$10,194 +3.7%$875,695 +1.5%
        2015$9,828 +2.7%$862,542 +2%
        2014$9,565 $845,647 +2.5%
        2012-- $825,321 +2%
        2011-- $809,139 +0.8%
        2010-- $803,092 -22.7%
        2009-- $1,039,131 +2%
        2008-- $1,018,757 +2%
        2007-- $998,783 +2%
        2006-- $979,200 +69.8%
        2005-- $576,737 +28.2%
        2004-- $450,000 -17.3%
        2003-- $544,185 +20.9%
        2002-- $450,000 +55.2%
        2000-- $290,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Mariposa

        Getting around

        92 / 100
        Walker's Paradise
        60 / 100
        Good Transit
        74 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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