Located at 529 Raleigh Street in Glendale, California, this five-unit multifamily offering consists of a detached 2-bedroom/1-bath front house, three 1-bedroom/1-bath units, and a studio unit at the rear of the property. The total building size is approximately 2,788 square feet, situated on a 6,982 square foot lot. The front house is roughly 900 square feet, with the remaining units ranging from 300 to 500 square feet each. The property features a shared courtyard between the front and rear buildings, offering an open-air communal area. While there is a driveway with space that could accommodate parking, current tenant use of the space as outdoor living area presents options for a future reconfiguration to enhance on-site amenities or create dedicated tenant parking. Originally built in 1922, the property retains much of its original character and would benefit from thoughtful upgrades. The property presents a strong value-add opportunity for investors looking to enhance both rents and asset quality through renovation and systems upgrades. With current gross annual income at just $63,000, there is substantial rental upside once improvements are made. Located in the heart of Glendale, the property boasts excellent walkability to retail, restaurants, and other neighborhood ameni
MLS #
CRGD25119999
MLS Source
California Regional MLS
Laundry
None
Garage/Parking
Garage: 0 Car(s)
Listing Agent
Krikor Garabedian
Keller Williams R. E. Services
License #: 01216376
Phone: –
Co-Listing Agent
Ruby Marcos
License #: 01281160
Phone: (818) 432-3200
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | – | – |
529 Raleigh St is a Residential Income in Glendale, CA 91205. This – square foot property sits on a 6,984 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,075,000 and was built in 1922.
This address can also be written as 529 Raleigh St, Glendale, CA 91205.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of July 31, 2025. For the most current information, please contact Krikor Garabedian