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This Multifamily Property is no longer advertised on LoopNet.com.
1060 Raymond Ave
Glendale, CA 91201
Multifamily Property For Sale
·
20 Units

Investment Highlights
- Prime Glendale Location - Situated in a Walkable Neighborhood close proximity to an array of Fine Dining, Shopping & Entertainment Options.
- Value Add Investment - 22% Upside in Market Rents
- Built in 1987 Not subject to Radical Los Angeles Rent Control - Under AB 1482 State Rent Control
- Desirable Unit Mix: The property offers a diverse range of units, including 1 three-bedroom/two-bath, 11 two-bedroom/two-bath, 7 one-bedroom/ one-bath
- Property is Very Well Maintained and in Excellent Condition
Property Facts
| No. Units | 20 | Building Size | 16,169 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | Parking Ratio | 1.48/1,000 SF |
| Lot Size | 0.34 AC | ||
| Zoning | GLR4YY - Medium Density Multiple Residence | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 16,169 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | GLR4YY - Medium Density Multiple Residence |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Tile Floors
- Kitchen
- Double Pane Windows
Site Amenities
- Controlled Access
- Courtyard
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,500 | - |
| 1+1 | 7 | $1,887 | - |
| 2+2 | 11 | $2,176 | - |
| 3+2 | 1 | $3,200 | - |
Property Taxes
| Parcel Number | 5623-024-025 | Improvements Assessment | $5,618,160 |
| Land Assessment | $3,693,420 | Total Assessment | $9,311,580 |
Property Taxes
Parcel Number
5623-024-025
Land Assessment
$3,693,420
Improvements Assessment
$5,618,160
Total Assessment
$9,311,580
Listing ID: 33212899
Date on Market: 9/17/2024
Last Updated:
Address: 1060 Raymond Ave, Glendale, CA 91201
The Grandview Multifamily Property at 1060 Raymond Ave, Glendale, CA 91201 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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