529 Raleigh Street, Glendale, CA 91205 - Photo 1 of 10, Glendale, CA
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Sold$1,075,000on Jul 28, 2025

529 Raleigh Street, Glendale, CA 91205

Keller Williams R. E. Services
5Beds
5Baths
0
25Days Listed

About This Property

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 Countys 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

Krikor GarabedianKeller Williams R. E. Services818-298-8810

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
5
Bathrooms
5
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Sold
Days on Market
25
Cumulative Days on Market
26
Original Price
$1,100,000

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Glendale Market Snapshot

179

Active Listings

$899K

Median Price

60

Avg Days on Market

Last updated: Jul 31, 2025

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Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$1,100,000