423 Raymond Avenue, Glendale, CA 91201

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Sold Price
$1,250,000
List Price
$1,150,000
Closing Date
Jun 04, 2026
Status
CLOSED
MLS#
BB26088022
Year Built
1935
Lot Size
8,805
Acres
0.20
Lot Location
Front Yard
Days on Market
8
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

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.

Additional Information

Appliances
Dishwasher, Free-Standing Range, Microwave, Refrigerator
Pool Description
None
Heat
Central, Wall Furnace
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
View
None
Garage Spaces Total
1
Sewer
Public Sewer
Water
Private
Interior Features
Built-in Features, Ceiling Fan(s)
Attached Structure
Attached
Number Of Units Total
3
Garage Spaces
1
Levels
One
Parking Spaces
1

Listing courtesy of Listing Agent: Grace Miranda (mirandaoffer@gmail.com) from Listing Office: Keller Williams Realty World Media Center.

Listing sold by Levon Yengibaryan from Coldwell Banker Hallmark

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.