423 Raymond Avenue, Glendale, CA 91201 - Photo 1

1/1

$1,250,000

Sold
Closed
Multi-Family
Updated 5 days ago

1/1

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.

Full Property Details

Full Property Details for 423 Raymond Ave

General

Sold For: $1,250,000
Status: Closed
Type: Multi-Family
Source: MRMLS
MLS ID: BB26088022
Added to Site: 47 day(s) ago

Interior

Rooms/Areas: Laundry, Kitchen, Living Room
Interior Features: Built-in Features, Ceiling Fan(s)
Fireplace(s): None
Appliances: Microwave, Refrigerator, Free-Standing Range, Dishwasher
Flooring: Tile, Carpet

Rooms

Other Rooms

Laundry: Inside, Individual Room

Additional Information

Pool Description: None

Parking

Garage Spaces: 1
Parking Features: Garage, Driveway
Parking: Garage, Driveway

Location

Area: 626 - Glendale-Northwest
County: Los Angeles
Development Name: 626 - Glendale-Northwest
Driving Directions: North of Victory Blvd, East of Thompson Ave, West of Western Ave, South of 5 fwy

Heating & Cooling

Cooling Type: Central Air, Wall/Window Unit(s)
Heating Type: Wall Furnace, Central

Utilities

Sewer: Public Sewer
Water: Private
# Water Meters: 2
# Gas Meters: 2
# Electric Meters: 3

Structural Information

Windows: Plantation Shutters
Entry Location: ground level
Stories/Levels: One
Stories Description: One
Square Feet: 2,189
Year Built: 1935

Unit Information

Unit 1

Number of Units: 1
Total Bathrooms: 1
Bedrooms: 3

Unit 2

Number of Units: 1
Total Bathrooms: 1
Bedrooms: 1

Unit 3

Number of Units: 1
Total Bathrooms: 1
Bedrooms: 1

Lot Features

Property View: None
Lot Size (Acres): 0.2021
Lot Size Source: Public Records
Lot Description: Lot 6500-9999, Front Yard

Financial Considerations

Price Per Sq. Ft.: $571.04
Price Per Unit: 383333

Disclosures and Reports

Exclusions: tenants' personal property
Inclusions: existing appliances in the single family home

Listed by Keller Williams Realty World Media Center, Grace Miranda
Sold by Coldwell Banker Hallmark, Levon Yengibaryan

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Listing agent

— 423 Raymond Ave —

Grace Miranda

Keller Williams Realty World Media Center

818-570-1255

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NMLS#: 1598647

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Schools

Schools serving 423 Raymond Ave

School District:Glendale Unified School District

Name	Grades	Distance
Benjamin Franklin Elementary School, Glendale, CA 1610 Lake Street, Glendale, CA 91201	K-6	0.2 mi
Eleanor J. Toll Middle School 700 Glenwood Road, Glendale, CA 91202	6-8	1.6 mi
Herbert Hoover High School 651 Glenwood Road, Glendale, CA 91202	9-12	1.7 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 423 Raymond Ave

Date

Details

Price

Change

Source

6/04/2026

Sold

$1,250,000

8.7%

MLS

4/23/2026

Listed

$1,150,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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423 Raymond Ave, Glendale, CA 91201 - Photo 1

Sold

$1,250,000