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$2,450,000
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Property Description
1055-1057 Allen Avenue is a fully renovated five-unit multifamily property consisting of three buildings situated on a 10,079 sqft lot, offering a compelling blend of modern design, strong tenant demand, and long term investment stability. The property features four (4) 1 bedroom / 1 bathroom units and one (1) detached 2-bedroom / 1-bathroom single-family with a private backyard, All units interior and exterior have been completely gutted and renovated, with no expense spared. Interior upgrades include open floor plans, high ceilings, new flooring, recessed lighting, and modern white kitchens with generous cabinet space. Bathrooms have been upgraded with walk-in showers and contemporary fixtures, and in-unit laundry hookups are provided in every unit. The property offers private garages for each unit, accessed from the alley, along with a professionally landscaped courtyard featuring palm trees and fresh greenery, enhancing curb appeal and tenant satisfaction. This property offers excellent privacy, low operating costs, and minimal management needs. Conveniently located near shopping, dining, and major freeways, making a true turnkey investment with steady income potential and long-term upside in a strong rental market.
Full Property Details
Full Property Details for 1055 Allen
General
- Sold For: $2,450,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: GD26015222
- Added to Site: 120 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: In Kitchen
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 5
Location
- Area: 624 - Glendale-Chevy Chase/E. Glenoaks
- County: Los Angeles
- Development Name: 624 - Glendale-Chevy Chase/E. Glenoaks
- Driving Directions: From Glenoaks Blvd, turn onto Allen Ave
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,080
- Year Built: 1926
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.2314
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $795.45
- Price Per Unit: 490000
Listed by Imperial Realty Co., Rafik Bazikian
Sold by Glencore Properties, Ogsen Mahseregyan
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Schools
Schools serving 1055 Allen
School District:Glendale Unified School District
| Name | Grades | Distance |
|---|---|---|
Balboa Elementary School, Glendale, CA 1844 Bel Aire Drive, Glendale, CA 91201 | K-6 | 0.7 mi |
Eleanor J. Toll Middle School 700 Glenwood Road, Glendale, CA 91202 | 6-8 | 1.5 mi |
Herbert Hoover High School 651 Glenwood Road, Glendale, CA 91202 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1055 Allen
Date
Details
Price
Change
Source
3/25/2026
Sold
$2,450,000
—
MLS
2/26/2026
Price Reduced
$2,450,000
-3.92%
MLS
1/22/2026
Listed
$2,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1055 Allen, Glendale, CA 91201 (MLS# GD26015222) is a Multi-Family property that was sold at $2,450,000 on March 25, 2026. Want to learn more about 1055 Allen? Do you have questions about finding other Multi-Family real estate for sale in Glendale? You can browse all Glendale real estate or contact a Coldwell Banker agent to request more information.

