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729 Raleigh Street, Glendale, CA 91205
Priced at Only: $4,495,000
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Address: 729 Raleigh Street, Glendale, CA 91205
Property Location and Similar Properties
- MLS#: 26671833 ( )
- Street Address: 729 Raleigh Street
- Viewed: 2
- Price: $4,495,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1964
- Bldg sqft: 0
- Days On Market: 11
- Additional Information
- County: LOS ANGELES
- City: Glendale
- Zipcode: 91205
- Provided by: Keller Williams Studio City
- Contact: Michael Michael

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DescriptionLocated in the highly desirable city of Glendale, 729 Raleigh St presents an exceptional multifamily investment opportunity in one of Los Angeles County's most stable and high demand rental markets. This pride of ownership property has been well maintained and offers a strong in place unit mix, making it an ideal asset for investors seeking both stability and long term growth potential. The property features a desirable unit mix of 12 units & One (1) Non Conforming Unit, 13 Total Units, consisting of 2 one bedroom/one bath units, 1 two bedroom/one bath unit, and 10 two bedroom/two bath units. The large concentration of two bedroom units is highly attractive to families, professionals, and roommates, contributing to strong occupancy and consistent rental demand. The building is individually metered for gas and electric, helping to reduce owner expenses and improve overall operating efficiency. Tenants benefit from on site parking with storage and on site laundry facilities, amenities that significantly enhance rental appeal and tenant retention. The property's pride of ownership condition and functional layout make it a desirable place to live, contributing to long term tenancy and stable income. The location offers excellent access to nearby retail, dining, and entertainment, including the Glendale Galleria and The Americana at Brand, both just minutes away. Residents also enjoy convenient access to public transportation, including the nearby Glendale Transportation Center, providing regional connectivity throughout Los Angeles County. Additionally, the property is centrally located with short distance access to the State Route 134, State Route 2, and Interstate 5, allowing convenient travel to surrounding employment centers including Burbank, Pasadena, Downtown Los Angeles, and the greater San Fernando Valley. With its prime Glendale location, strong unit mix, pride of ownership condition, and proximity to major retail, transit, and freeway access, 729 Raleigh St represents a compelling investment opportunity in a supply constrained rental market with long term appreciation potential. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Features
Building Area Total
- 11424.00
Cooling
- Wall/Window Unit(s)
Country
- US
Heating
- Wall Furnace
Levels
- One
Netoperatingincome
- 245078.00
Parcel Number
- 5675013018
Parking Features
- Covered
Pool Features
- None
Postalcodeplus4
- 4126
Sourcesystemkey
- 26671833:CLAW
Totalexpenses
- 115273.00
Virtual Tour Url
- https://www.hshprodmls2.com/729raleighst
Year Built
- 1964
Year Built Source
- Assessor
Zoning
- GLR4YY
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Fax: 714.975.9953
- Mobile: 714.478.6676
- salesbyxavier@gmail.com
















