$1,250,000
$1,150,000
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423 Raymond AVE Glendale, CA 91201
8,803 Sqft Lot
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB26088022
Sold Date 06/04/26
HOA Y/N No
Year Built 1935
Lot Size 8,803 Sqft
Property Sub-Type Triplex
Property Description
Investor opportunity in the highly desirable Glendale Rancho-adjacent area. This income-producing property features two occupied 1-bedroom, 1-bath units at the rear, providing immediate rental income. The rear units are approximately 595 square feet and have laundry in each unit. The front house offers 3 bedrooms and 1 bath with an attached garage and is ready for renovation—ideal for value-add potential and increased returns. Rear units enjoy a private yard with garden and patio space, enhancing tenant appeal. A strong opportunity for investors seeking stable income with upside through improvements and repositioning in a sought-after location.
Location
State CA
County Los Angeles
Area 626 - Glendale-Northwest
Interior
Interior Features Built-in Features, Ceiling Fan(s)
Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Free-Standing Range, Microwave, Refrigerator
Laundry Inside, Laundry Room
Exterior
Parking Features Driveway, Garage
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N No
View None
Total Parking Spaces 1
Private Pool No
Building
Lot Description Front Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Private
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5625005017
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Trust
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Bought with Levon Yengibaryan Coldwell Banker Hallmark