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729 Raleigh St
Glendale, CA 91205
Immeuble residentiel Propriété À vendre
·
13 Unités


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Faits saillants de l'investissement
- Great Glendale Location
- Nearby Shopping/Transit
- Individually Metered For Gas & Electric
- On-Site Laundry & Parking With Storage
- High Demand Rental Location
Résumé de l'annonce
Located in the highly desirable city of Glendale, 729 Raleigh St presents an exceptional multifamily investment opportunity in one of Los Angeles County’s most stable and high-demand rental markets. This pride-of-ownership property has been well maintained and offers a strong in-place unit mix, making it an ideal asset for investors seeking both stability and long-term growth potential.
The property features a desirable unit mix of 12 units & One Non-Conforming Unit (13 Units Total), consisting of 2 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 10 two-bedroom/two-bath units. The large concentration of two-bedroom units is highly attractive to families, professionals, and roommates, contributing to strong occupancy and consistent rental demand. The building is individually metered for gas and electric, helping to reduce owner expenses and improve overall operating efficiency.
Tenants benefit from on-site parking with storage and on-site laundry facilities, amenities that significantly enhance rental appeal and tenant retention. The property’s pride-of-ownership condition and functional layout make it a desirable place to live, contributing to long-term tenancy and stable income.
The location offers excellent access to nearby retail, dining, and entertainment, including the Glendale Galleria and The Americana at Brand, both just minutes away. Residents also enjoy convenient access to public transportation, including the nearby Glendale Transportation Center, providing regional connectivity throughout Los Angeles County.
Additionally, the property is centrally located with short distance access to the State Route 134, State Route 2, and Interstate 5, allowing convenient travel to surrounding employment centers including Burbank, Pasadena, Downtown Los Angeles, and the greater San Fernando Valley.
With its prime Glendale location, strong unit mix, pride-of-ownership condition, and proximity to major retail, transit, and freeway access, 729 Raleigh St represents a compelling investment opportunity in a supply-constrained rental market with long-term appreciation potential.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies
The property features a desirable unit mix of 12 units & One Non-Conforming Unit (13 Units Total), consisting of 2 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 10 two-bedroom/two-bath units. The large concentration of two-bedroom units is highly attractive to families, professionals, and roommates, contributing to strong occupancy and consistent rental demand. The building is individually metered for gas and electric, helping to reduce owner expenses and improve overall operating efficiency.
Tenants benefit from on-site parking with storage and on-site laundry facilities, amenities that significantly enhance rental appeal and tenant retention. The property’s pride-of-ownership condition and functional layout make it a desirable place to live, contributing to long-term tenancy and stable income.
The location offers excellent access to nearby retail, dining, and entertainment, including the Glendale Galleria and The Americana at Brand, both just minutes away. Residents also enjoy convenient access to public transportation, including the nearby Glendale Transportation Center, providing regional connectivity throughout Los Angeles County.
Additionally, the property is centrally located with short distance access to the State Route 134, State Route 2, and Interstate 5, allowing convenient travel to surrounding employment centers including Burbank, Pasadena, Downtown Los Angeles, and the greater San Fernando Valley.
With its prime Glendale location, strong unit mix, pride-of-ownership condition, and proximity to major retail, transit, and freeway access, 729 Raleigh St represents a compelling investment opportunity in a supply-constrained rental market with long-term appreciation potential.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies
Faits sur la propriété
| Prix par unité | 472 203 $ CAD | Style d’appartement | De faible hauteur |
| Type de vente | Investissement | Classe d’immeuble | C |
| Taux de capitalisation | 5,44% | Taille du lot | 0,25 AC |
| Multiplicateur du loyer brut | 12.1 | Taille du bâtiment | 11 424 pi² |
| Nombre d’unités | 13 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1964 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 1,17/1 000 pi² |
| Zonage | GLR4YY | ||
| Prix par unité | 472 203 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 5,44% |
| Multiplicateur du loyer brut | 12.1 |
| Nombre d’unités | 13 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,25 AC |
| Taille du bâtiment | 11 424 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1964 |
| Ratio de stationnement | 1,17/1 000 pi² |
| Zonage | GLR4YY |
Commodités
Commodités des unités
- Balcon
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 2 | - | 600 - 700 |
| 2+1 | 1 | - | 750 - 950 |
| 2+2 | 10 | - | 800 - 1 000 |
Impôts fonciers
| Numéro de lot | 5675-013-018 | Évaluation des bâtiments | 1 067 916 $ CAD |
| Évaluation du terrain | 1 747 509 $ CAD | Évaluation totale | 2 815 425 $ CAD |
Impôts fonciers
Numéro de lot
5675-013-018
Évaluation du terrain
1 747 509 $ CAD
Évaluation des bâtiments
1 067 916 $ CAD
Évaluation totale
2 815 425 $ CAD
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