401 Raymond Avenue
Glendale, CA 91201
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1964 build
- – on site
401 Raymond Ave, a 14 unit apartment building located in Glendale, a neighborhood in the San Fernando Valley. Built in 1964, the property consists of(3) one-bedroom + one-bathroom units, (10) two-bedroom + one-bathroom units and (1) two-bedroom+ two-bathroom units. The building is 13,863 gross square feet and sits on a 16,940 square foot lot.401 Raymond Ave is located on a charming, tree-lined street in Glendale. There is no shortage of activities to explore in the area. From shopping at the Burbank Town Center or Glendale Galleria to exploring Griffith Park and Stough Canyon, just a few miles away.Glendale lies at the eastern end of the San Fernando Valley, the location provides convenient access to the 134 and 5 freeways, further extending the area's connectivity to the rest of Los Angeles.401 Raymond Ave represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 3.99% with the ability to improve to a6.35% CAP rate once units turnover.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 8, 2025
•
MLS# 25508487 —
The Building
-
Year Built:1964
-
New Construction:No
-
Building Area Total:13863.00
-
Total Number Of Units:14
-
# of Buildings:1
-
Stories Total:2
Interior
-
Levels:Multi/Split
Location
-
Directions:North on Raymond from Victory
-
Latitude:34.16327800
-
Longitude:-118.30015200
The Property
-
Property Type:Residential Income
-
Zoning:GLR3YY
-
Lot Size Area:16945.0000
-
Lot Size Acres:0.3890
-
Lot Size SqFt:16945.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:5625005023
Heating & Cooling
-
Heating:None
-
Cooling:No
-
Cooling:None
Appliances
-
Included:Yes
The Community
-
Association:No
-
Senior Community:No
-
Assessments:No
Parking
-
Parking:Yes
-
Parking:Carport
-
Parking Spaces:13.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/7/25
Mar 7, 2025
|
Listed / Active | CRMLS_CA | $4,250,000 |
