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.
Multi-familyProperty Type
1922Year Built
6,984 sq ftLot Size
$386Price/Sq.Ft.
Listed by Kirk Garabedian•DRE #01216376• Keller Williams R. E. Services
Listed by Ruby Marcos•DRE #01281160• Keller Williams R.E Services
Contact: 818-298-8810
Bought with Ryan Loria•DRE #02006138• Triqor Group
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
6,984 Sq. Ft.
Year renovated
—
Sq. Ft.
892
Year built
1922
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
5675015002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
R 2250
Medium Density Residential Zone
The R-2250 zone is intended primarily as a zone for medium density residential development with a minimum of 2,250 square feet of lot area per dwelling unit or approved overlay zone uses, in conformance with the comprehensive general plan of the city. This zone is intended to promote medium size garden type multiple dwelling residential developments which are efficient and attractive in order to promote the health, safety and general welfare. Wireless telecommunication facilities are disfavored from locating in this zone, permitting these facilities only when no feasible alternatives site exists or when a denial would constitute a prohibition on the provision of the affected telecommunications service.
Replace main electrical panels with new updated meter panels and rewire the residential units. Install a new meter panel for the front house and rewire the interior. Install a three-gang meter panel and rewire all three additional units.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Laundry Information
None
Interior Features
Entry Level: 1
Entry Location: Ground
Unit Type 1 Information
Unit Key Numeric: 11804300
Listing Key Numeric: 374493317
Actual Rent: $1,450
Total # of Baths: 2
# of Baths Full: 2
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,450
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 11804301
Listing Key Numeric: 374493317
Actual Rent: $925
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $925
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 374493317
Unit Key Numeric: 11804302
Actual Rent: $1,060
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $1,060
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 374493317
Unit Key Numeric: 11804303
Actual Rent: $1,060
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $1,060
Total # of Units: 1
Unit Type 5 Information
Unit Key Numeric: 11804304
Listing Key Numeric: 374493317
Actual Rent: $760
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total Rent: $760
Total # of Units: 1
Expenses
Trash: $1,356
Total: $26,776
Insurance: $4,000
Electric: $2,400
Multi-Unit Information
Net Operating Income: $36,284
Sq. Ft.
Total Building Area: 2,788
Gross Scheduled Income: $63,060
Gross Income: $63,060
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 5
# Of Separate Electric Meters: 5
# Of Buildings: 3
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Lot 6500-9999, Lot Shape-Rectangular, Lot-Level/Flat
Property Information
Common Interest: Community Apartment
Total # of Units: 5
Common Walls: No Common Walls
Parcel Number: 5675015002
Total # of Stories: 2
Year Built Source: Public Records
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $26,776
Rent Control
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Urban
Location Information
Latitude: 34.13836000
Longitude: -118.24869500
Directions: 529 Raleigh Street
Zoning: GLR4YY
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 892
Stories: —
Lot Size: 6,984 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1922
Year Renovated: —
County: Los Angeles County
APN: 5675015002
Home facts updated by county records on Aug 31, 2026
Other
Listing Information
IDX Contact Info: 818-298-8810
Days Active in MLS: 25
Continuous Days Active in MLS: 25
Listing Agent Information
List Agent First Name: Krikor
List Agent Last Name: Garabedian
Co-List Agent First Name: Ruby
Co-List Agent Last Name: Marcos
Listing Office Information
List Office Name: Keller Williams R. E. Services
Co-List Office Name: Keller Williams R.E Services
Selling Agent Information
Buyer Agent First Name: Ryan
Buyer Agent Last Name: Loria
Selling Office Information
Buyer Office Name: Triqor Group
Around this home
Schools
Horace Mann Elementary School
Public K-5 • Assigned • 0.2mi
9/10
Theodore Roosevelt Middle School
Public 6-8 • Assigned • 0.3mi
5/10
Glendale High School
Public 9-12 • Assigned • 1.0mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Glendale is an awesome LA suburb! Stunning tree-lined streets, epic hillside views, walkable downtown energy, and super family charm — all at medians around $1M–$1.15M — with buyer momentum building and steady appreciation, it's the ideal place to...