Contacts
KW Commercial | Kirk Garabedian
Property Details
- Property Type Multi-Family
- Property Size 2,788 SF
- Lot Size 6,982 SF
- # of Floors 2
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1922
- Date Updated Jun 8, 2025
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.
Reach out to the broker for more info on lease terms and amenities
Getting around
-
89/100
Walk Score ®
-
59/100
Transit Score ®
-
73/100
Bike Score ®
Location
- City Glendale, CA
- Neighborhood Mariposa
- Zip Code 91205
- Market Los Angeles
Points of Interest
-
Glendale
1.19 miles
-
RideShare Pickup/Dropoff Point
3.23 miles
-
Vermont/Sunset Entrance
3.69 miles
-
Vermont/Sunset
3.70 miles
-
Vermont/Santa Monica
4.13 miles
-
Vermont/Santa Monica North Entrance
4.13 miles
-
Vermont/Santa Monica South Entrance
4.22 miles
-
Hollywood/Western Station
4.27 miles
-
Hollywood/Western
4.29 miles
-
Downtown Burbank
4.56 miles
-
Mobil
0.46 miles
-
76
0.52 miles
-
Shell
0.91 miles
-
Valero
0.96 miles
-
Arco
1.01 miles
-
Chevron
1.03 miles
-
Parking electrique
4.03 miles
-
ChargePoint
4.54 miles
-
BWP EV Charge 2116 Glenoaks
6.09 miles
-
Tesla Supercharger
6.33 miles
-
City Parking Lot 10
0.49 miles
-
Glendale Marketplace Parking Structure
0.55 miles
-
Public Parking Lot 7
0.57 miles
-
Glendale Police Department Parking
0.61 miles
-
Glendale Civic Center Parking Structure
0.63 miles
-
Glendale Galleria Parking
0.67 miles
-
The Exchange Parking Structure
0.69 miles
-
Glendale City Center
0.71 miles
-
Maryland Office Plaza
0.81 miles
-
Orange Street Public Parking Structure
0.85 miles
-
Hampton Inn
0.47 miles
-
Vagabond Inn Glendale
0.49 miles
-
Chariot Inn
0.51 miles
-
Rodeway Inn Regalodge
0.52 miles
-
Residence Inn
0.70 miles
-
Maryland Hotel
0.72 miles
-
Hyatt Place Glendale
0.85 miles
-
Brandwood Hotel
0.98 miles
-
Glenridge Inn Glendale
0.98 miles
-
Motel Sakura
1.03 miles
-
Jons Fresh Marketplace
0.29 miles
-
Nordstrom
0.54 miles
-
The Americana at Brand
0.57 miles
-
Glendale Marketplace
0.59 miles
-
Ross
0.61 miles
-
Barneys New York
0.62 miles
-
Marshalls
0.64 miles
-
Target
0.65 miles
-
The Exchange
0.68 miles
-
Ralphs
0.69 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
KW Commercial | Kirk Garabedian
