529 Raleigh Street

Closed 7/28/25
Closed 7/28/25
Gallery Image 1
Sold
Last Sold Price
$1,075,000
5 beds6 baths2,788 sqft

529 Raleigh St, Glendale, CA 91205

Multi FamilyProperty Type
0.16 acresLot Size
1922Year Built
$386/sq ftPrice per sq ft

Description

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,...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.
  • Listed by: Krikor Garabedian DRE #01216376 Brokerage DRE #01434190 • Keller Williams R. E. Services 818-298-8810
  • Listed by: Ruby Marcos DRE #01281160 • Keller Williams R.E Services
Listing closed: 07/28/2025 12:00 AM • Source: CRMLS, MLS#: GD25119999
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Recent comparable sales

Median sold price

$1,365,000

Avg days on market

40

Sale-to-list ratio

92.3%

Glendale, CA

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Location

Listing Courtesy of Keller Williams R. E. Services, Krikor Garabedian, DRE #01216376; Keller Williams R.E Services, Ruby Marcos, DRE #01281160

Sold By Triqor Group, Ryan Loria, DRE #02006138

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Property Information for 529 Raleigh Street

Property Details

  • MLS Type: Residential Income / Res Income 2-4 Units
  • County: Los Angeles County
  • Parking Spaces Total: 0
  • Private Pool: No
  • Total Units: 5.0
  • Lot Size Source: Assessor
  • Property Attached YN: false
  • Common Walls: No Common Walls
  • New Construction: No
  • Building Area Total: 2788
  • Building Area Units: Square Feet
  • Stories Total: 2
  • Entry Level: 1
  • Zoning: GLR4YY
  • Senior Community: No
  • Parcel Number: 5675015002
  • Area: Glendale-South of 134 Fwy (628)
  • Directions: 529 Raleigh Street

Building Information

  • Stories: 2
  • Year Built: 1922
  • Lot Size: 0.16 AC / 6,984 SF

Income / Expense / Tax Details

Income Details
  • Gross Income: $63,060
  • Gross Scheduled Income: $63,060
  • Net Operating Income: $36,284
Expense Details
  • Operating Expense: $26,776
  • Fuel Expense: $0
  • Electric Expense: $2,400
  • Insurance Expense: $4,000
  • Professional Management Expense: $0
  • Trash Expense: $1,356
  • Water Sewer Expense: $0
  • Total Expenses: $26,776
Tax / Assessment Info
  • Tax Tract Number: 34
  • Tax Census Tract: 3025.03
  • CFD/Mello-Roos Fee: $728
  • Tax Lot: 34

Community / Development

Community / Development
  • Community Features: Urban

Property / Structure Info

Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Ground
  • Pool Features: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999, Rectangular Lot, Level
  • Land Lease: No
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units

Unit Information

Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $925
  • Unit Type Total Rent: $925
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,060
  • Unit Type Total Rent: $1,060
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,060
  • Unit Type Total Rent: $1,060
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $760
  • Unit Type Total Rent: $760
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 529 Raleigh Street

DateEvent & SourcePriceAppreciation
Jul 28, 2025

Sold

CRMLS #GD25119999

$1,075,000—
Jul 28, 2025

Sold

SDMLS #GD25119999

$1,075,000—
Jun 23, 2025

Pending

CRMLS #GD25119999

—
DateEvent & SourcePrice
07/28/2025

Sold

CRMLS #GD25119999

$1,075,000
07/28/2025

Sold

SDMLS #GD25119999

$1,075,000
06/23/2025

Pending

CRMLS #GD25119999

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

529 Raleigh Street

Baths

5

Total Finished SqFt

2,788 SqFt

Above Grade Finished SqFt

2,788 SqFt

Lot Size

6,982 SqFt

Style

Multi-Family Dwelling (2-4)

Year Built

1922

Schools near 529 Raleigh Street

This home is within Glendale Unified School District.
Rating
School
Type
Grades
Distance
Horace Mann Elementary School
Public - K to 5
Theodore Roosevelt Middle School
Public - 6 to 8
Glendale High School
Public - 9 to 12
Daily (Allan F.) High (Continuation) School
Public - 9 to 12
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Theodore Roosevelt Middle School
Public6 to 8

Glendale High School
Public9 to 12

Daily (Allan F.) High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 529 Raleigh Street, Glendale, CA 91205
$1,075,000
5
6
2,788
6,984
527 Raleigh Street, Unit C, Glendale, CA 91205
–
3
2
1,214
–
527 Raleigh Street, Unit A, Glendale, CA 91205
$305,000
3
1,214
–
527 Raleigh Street, Unit B, Glendale, CA 91205
$415,000
3
1,214
14,065
527 Raleigh Street, Unit E, Glendale, CA 91205
$123,500
3
2
1,214
–
527 Raleigh Street, Unit D, Glendale, CA 91205
–
3
2
1,214
–

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams R. E. Services, Krikor Garabedian, DRE #01216376; Keller Williams R.E Services, Ruby Marcos, DRE #01281160

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.