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408 Raymond Ave
For Sale $1,649,000 ($564.15 per Sq Ft)
$1,649,000 ($564.15 per Sq Ft)
- 7 Bedrooms
- 3.00 Bathrooms
- 2,923 Sq Ft
- 8,371 Sq Ft
Description
Located at 408 Raymond Ave, this property benefits from its prime position in Glendale, California, where residential calm meets vibrant commercial activity. Just a short drive away, you'll find the Glendale Galleria and The Americana at Brand, offering an impressive mix of high-end shops, diverse dining options, and entertainment venues. The downtown Glendale area also features a variety of unique shops, restaurants, and local businesses, making everyday conveniences and leisure pursuits easily accessible. For outdoor enthusiasts, the property's location provides easy access to recreational destinations like Griffith Park and the Verdugo Mountains. Griffith Park offers extensive trails, scenic views, and attractions such as the Los Angeles Zoo and Griffith Observatory, while the Verdugo Mountains are perfect for hiking, biking, and picnicking. Local parks like Glendale Central Park and Brand Park further enhance the area's appeal with their green spaces and community events, making 408 Raymond Ave a well-rounded choice for both urban convenience and outdoor enjoyment.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,649,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 2,923 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1932 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5626001021 |
| MLS # | 24445559 |
| Property ID | 292815554 |
| Lot Sqft | 8,371 |
| Zoning | GLR3* |
| Total Units | 3 |
| Days on Market | 31 |
| Original List Price | $1,649,000 |
| Date Updated | October 04, 2024 |
| Date Created | September 17, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 1.00 | $3,000 | $3,000 |
| Unit #2 | 2 | 1.00 | $1,975 | $3,950 |
| Gross Income (Yr) | $ 80,989 |
| Operating Expenses | $ 31,110 |
| Net Income (Yr) | $ 49,788 |
| Cap Rate | 3.02% |
Listing Provided By
Daniel Withers an agent of . Lic #01325901
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