1055 Allen Glendale, CA $ 2,550,000
1055 Allen
$ 2,550,000
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1055 Allen

Glendale, CA, 91201
$ 2,550,000
Baths1.0 Sq 3,080

Monthly Estimate*

$ 15,701

Listed by Imperial Realty Co.
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Studio

Multi-Family Home for sale in Glendale, CA

for $2,550,000 with 1 full bath. This 3,080 square foot home was built in 1926 on a lot size of 0.2314.

1055-1057 Allen Avenue is a fully renovated five-unit multifamily property consisting of three buildings situated on a 10,079 sqft lot, offering a compelling blend of modern design, strong tenant demand, and long term investment stability. The property features four (4) 1 bedroom / 1 bathroom units and one (1) detached 2-bedroom / 1-bathroom single-family with a private backyard, All units interior and exterior have been completely gutted and renovated, with no expense spared. Interior upgrades include open floor plans, high ceilings, new flooring, recessed lighting, and modern white kitchens with generous cabinet space. Bathrooms have been upgraded with walk-in showers and contemporary fixtures, and in-unit laundry hookups are provided in every unit. The property offers private garages for each unit, accessed from the alley, along with a professionally landscaped courtyard featuring palm trees and fresh greenery, enhancing curb appeal and tenant satisfaction. This property offers excellent privacy, low operating costs, and minimal management needs. Conveniently located near shopping, dining, and major freeways, making a true turnkey investment with steady income potential and long-term upside in a strong rental market.

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Multi-Family Active

Price

$ 2,550,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2314

Year Built

1926

Town/City

Glendale

County/Region

Los Angeles

MLS | Web ID

GD26015222

Days on Market

3

Features
General
Sewer Public Sewer
Cooling Central Air
HOA Fee 0
Garage Spaces 5
Pool Features None
Year Built 1926
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Mixed Use
Gross Income 165000
Community Features Sidewalks
County Los Angeles
Net Operating Income 119147
Operating Expense 45853
Insurance Expense 8765
New Construction false
Property Type Residential Income
HOA false
Contingency None
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From Glenoaks Blvd turn onto Allen Ave
City Glendale
Entry Location 1
Senior Community Y/N false
Number Of Units Total 5
MLS Area 624 - Glendale-Chevy Chase/E. Glenoaks
Lot Size Units Square Feet
Lot Size Square Feet 10079
Number of Units Leased 5
Listing Terms Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 1800
Water Sewer Expense 4800
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 19
Total Actual Rent 13750
Property Sub Type Additional Mixed Use
Taxes 28688
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Interior
Fireplace Features None
Total Stories 1
Common Walls 1 Common Wall
Air Conditioning Y/N true
Fireplace Y/N false
Laundry Features In Kitchen
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 5
Lot Size Area 10079
Number of Buildings 3
Building Area Total 3080
Lot Size Acres 0.2314
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
Imperial Realty Co.

Broker

rafik.bazikian@yahoo.com

Email

Affordability Calculator

$15,701
Per Month
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Monthly Principal & Interest
$15,701
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/22/2026$2,550,000 Listed Price

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1055 Allen, Glendale, CA, 91201 is a Multi-Family Home for sale at $2,550,000 with 3,080 sqft and a lot size of 0.2314. 1055 Allen is a studio with 1.0 baths and was built in 1926. The property's zip code is 91201 which is in Glendale, CA