1157 Justin Ave Glen Dale, CA 91201
Grandview NeighborhoodEstimated payment $20,495/month
Highlights
- Property is near public transit
- Laundry Room
- Level Lot
- Herbert Hoover High School Rated A-
About This Home
8-Units located in prime Glendale area. A great investment opportunity with an upside in rental income potential. 3(2+2), 3(2+1), 2(1+1) - Garden-style 2-story apartment building, well-maintained property, requiring low maintenance and upkeep. Close to shopping, entertainment, The Americana at Brand and the Glendale Galleria. Brand Park, Kenneth Village and close to City of Burbank. Centrally located with easy access to freeways. Coin laundry in the complex. Glendale is one of the most desirable cities for investments.
Listing Agent
Coldwell Banker Hallmark Brokerage Phone: 818-321-0008 License #01236101 Listed on: 04/30/2025

Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 7,981 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Parking
- 5 Open Parking Spaces
- 3 Car Garage
- Parking Available
Home Design
- 7,089 Sq Ft Home
- Apartment
- Entry on the 1st floor
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Bathrooms
Additional Features
- Laundry Room
- Property is near public transit
- Private Water Source
Listing and Financial Details
- Tax Lot 26
- Tax Tract Number 5645
- Assessor Parcel Number 5623012005
Community Details
Overview
- 8 Units
- Not Applicable 105 Subdivision
Amenities
- Laundry Facilities
Building Details
- 8 Leased Units
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,000
- Fuel Expense $2,417
- Gardener Expense $1,200
- Insurance Expense $4,318
- Maintenance Expense $5,500
- Trash Expense $3,717
- Water Sewer Expense $2,802
- Operating Expense $54,548
- Gross Income $234,600
- Net Operating Income $180,082
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/30/2025 04/30/25 | For Sale | $3,199,000 | +34.2% | $451 / Sq Ft |
01/26/2018 01/26/18 | Sold | $2,383,000 | 0.0% | $336 / Sq Ft |
11/28/2017 11/28/17 | Pending | -- | -- | -- |
10/30/2017 10/30/17 | Off Market | $2,383,000 | -- | -- |
09/22/2017 09/22/17 | For Sale | $2,695,000 | -- | $380 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25093692

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