529 Raleigh Street, Glendale, CA 91205 - Berkshire Hathaway HomeServices California Properties

529 Raleigh Street, Glendale, CA 91205

$1,100,000 Approx. USD 0 beds, 0 baths

Listing Agent


Krikor Garabedian | kirkg@kw.com
Lic#: 01216376
Broker: Courtesy of Keller Williams R. E. Services

Co Listing Agent


Ruby Marcos | rubymarcos@yahoo.com
Lic#: 01281160
Broker: Courtesy of Keller Williams R.E Services

Agent Remarks

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 amenities. Its central location within one of Los Angeles County’s most desirable rental markets makes this offering particularly appealing to both seasoned investors and those looking to break into the Glendale multifamily market. 529 Raleigh Street represents a rare opportunity to acquire a true value-add asset in a highly sought-after Glendale location, with strong long-term upside through strategic renovations and repositioning.

Listing Details

Property type: Apartment (Multi-Family)
Status: Pending
MLS# GD25119999
Price: $1,100,000
Beds: 0
Baths: 0
Built in 1922
0.16 acres
Lot size: 0.1603
County: Los Angeles
Zoning: GLR4YY
Lot description: Level,Rectangular Lot
MLS area: 628 - Glendale-South of 134 Fwy

Last Updated: 6/24/2025

 Days On Market (DOM): 25

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This listing belongs to the 628 - Glendale-South of 134 Fwy MLS area

Lat/Long: 34.138360, -118.248695.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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