$6,975,000

1241 Boynton St Glendale, CA 91205

Adams Hill Neighborhood

Estimated payment $44,906/month

32 Beds
28 Baths
18,732 Sq Ft
$372 Price per Sq Ft

About This Home

This offering provides investors with a rare opportunity to secure a rather substantial footprint within Glendale, as only six properties of this size have sold within the city over the past three years. Due to the fact that the property subject to AB 1482, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. The property benefits from its proximity to the high-end shopping and dining destinations nearby -- notably the Americana at Brand and the Glendale Galleria -- while providing tenants with a more peaceful and serene atmosphere near the Adams Hill neighborhood, removed from the densely urban neighborhood in Downtown Glendale. Residents also enjoy access to the nearby boutiques, coffee shops, and restaurants in historic Adams Square, just blocks from the property.

Listing Agent

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 08/26/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.61 Acre Lot

Interior Spaces

  • 18,732 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 28 Bathrooms

Parking

  • 33 Parking Spaces
  • Assigned Parking

Community Details

  • 28 Units

Listing and Financial Details

  • Assessor Parcel Number 5676-026-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 18732
  • Lot Acreage: 0.6144
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 32
  • Total Bathrooms: 28.00
  • Price Per S Q F T: 372.36

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 33

Lot Info

  • Assessed Improvement Percent: 60.00
  • Assessed Improvement Value: 1143511
  • Assessed Land Percent: 40
  • Assessed Land Value: 762333
  • Total Assessed Value: 1905844
  • Assessor Parcel Number: 5676-026-011
  • Lot Size Area: 26900

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.63
  • Number Of Units: 28
  • Total Annual Expense: 221778
  • Type Of Units: Residential
  • Vacancy Rate: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 For Sale $6,975,000 0.0% $372 / Sq Ft
08/22/2025 08/22/25 Price Changed $1,875 0.0% $3 / Sq Ft
08/22/2025 08/22/25 For Rent $1,875 0.0% --
03/05/2025 03/05/25 Off Market -- -- --
01/15/2025 01/15/25 For Rent $1,875 -- --
Source: The MLS

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Source: The MLS

MLS Number: 25583099

The MLS
California Los Angeles County Glendale 91205 Adams Hill

1241 Boynton St, Glendale, CA

This home is located at 1241 Boynton St, Glendale, CA 91205 and is currently priced at $6,975,000, approximately $372 per square foot. This property was built in 1959. 1241 Boynton St is a home located in Los Angeles County with nearby schools including Horace Mann Elementary School, Theodore Roosevelt Middle School, and Glendale High School.

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Nearby Homes
Rick Raymundo
Listing Agent
Rick Raymundo
Section Image
Marcus & Millichap
(747) 255-6061