729 Raleigh St is a Glendale multifamily investment property in one of Los Angeles County's stable, high-demand rental markets. This pride-of-ownership building shows excellent upkeep and offers a strong in-place unit mix. As a result, it suits investors seeking both stability and long-term growth potential.
>Inside This Glendale Multifamily Investment Property
The property features a desirable unit mix of 13 units. This includes 2 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 10 two-bedroom/two-bath units. The large concentration of two-bedroom units attracts families, professionals, and roommates alike. As a result, the property maintains strong occupancy and consistent rental demand. Individual gas and electric meters further reduce owner expenses and improve operating efficiency.
On-Site Amenities and Condition
Tenants benefit from on-site parking with storage and on-site laundry facilities. These amenities significantly enhance rental appeal and tenant retention. In addition, the property's pride-of-ownership condition and functional layout make it a desirable place to live. This contributes to long-term tenancy and stable income.
Shopping, Dining, and Transit Nearby
The location offers excellent access to nearby retail, dining, and entertainment. This includes the Glendale Galleria and The Americana at Brand, both just minutes away. Residents also enjoy convenient public transportation via the nearby Glendale Transportation Center, providing regional connectivity throughout Los Angeles County.
Convenient Freeway Access
The property sits centrally, with short-distance access to State Route 134, State Route 2, and Interstate 5. This allows convenient travel to surrounding employment centers, including Burbank, Pasadena, Downtown Los Angeles, and San Fernando Valley.
Why This Glendale Multifamily Investment Property Works
Overall, this Glendale multifamily investment property combines a prime location, a strong unit mix, and pride-of-ownership condition. It also offers proximity to major retail, transit, and freeway access. As a result, investors gain a compelling opportunity in a supply-constrained rental market with long-term appreciation potential.
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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to its accuracy. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
12 Units
10,782 SF/Lot
GLR4YY Zoning
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