1168 Justin Avenue Glendale, CA $ 1,699,000
1168 Justin Avenue
$ 1,699,000
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1168 Justin Avenue

Glendale, CA, 91201
$ 1,699,000
Baths1.0 Sq 2,865

Monthly Estimate*

$ 10,461

Listed by Remax Optima
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Studio

Multi-Family Home for sale in Glendale, CA

for $1,699,000 with 1 full bath. This 2,865 square foot home was built in 1926 on a lot size of 0.2078.

High Upside Investment – Vacant Unit at Close of Escrow RE/MAX Optima proudly represents 1168 Justin Ave, Glendale, CA 91201, a prime 4-unit opportunity located above Glenoaks Blvd — one of Glendale’s most desirable rental pockets. The property offers a strong unit mix: • One (1) 3BD / 2BA • One (1) 3BD / 1BA • Two (2) 1BD / 1BA Totaling 2,865 square feet across three separate buildings, the layout provides added privacy and consistent tenant demand. One of the 1-bedroom, 1-bathroom units is currently vacant, allowing a new owner to immediately capture market rent and significantly improve cash flow from day one. This is a rare opportunity to step into an asset with built-in upside without waiting for turnover. All units are in good condition, offering stable income with future rental growth potential. The property also features mature kumquat, orange, and apple trees, adding charm and appeal for tenants. Located in a strong rental corridor of Glendale with convenient access to shopping, dining, and major freeways, this is an excellent opportunity for investors seeking both immediate upside and long-term appreciation.

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Multi-Family Active

Price

$ 1,699,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2078

Year Built

1926

Town/City

Glendale

County/Region

Los Angeles

MLS | Web ID

GD26019206

Days on Market

3

Features
General
Sewer Public Sewer
Heating Central Wall Furnace
Cooling Central Air Wall/Window Unit(s)
Utilities Electricity Available Electricity Connected Natural Gas Available Natural Gas Connected Sewer Available Sewer Connected See Remarks Water Available Water Connected
Roof Asphalt Asbestos Shingle Clay
Appliances Gas Oven Gas Range Gas Water Heater Microwave Refrigerator
HOA Fee 0
Garage Spaces 1
Pool Features None
Construction Materials Drywall Stucco
Year Built 1926
Tenant Pays Electricity Gas See Remarks
View None
Property Subtype Quadruplex
Gross Income 125400
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 95090
Operating Expense 30310
Insurance Expense 3418.1
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions From Glenoaks make right towards Kenneth Rd. The property is on right hand side before Glenwood.
City Glendale
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 4
MLS Area 626 - Glendale-Northwest
Lot Size Units Square Feet
Lot Size Square Feet 9052
Number of Units Leased 4
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 4274.2
Fuel Expense 1380
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 14
Total Actual Rent 10190
Property Sub Type Additional Quadruplex
Cap Rate 5.7
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Interior
Interior Amenities Bedroom on Main Level
Flooring Laminate See Remarks Tile
Total Stories 2
Common Walls Item2CommonWalls
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Common Area Inside
Entry Level 1
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Exterior
Fencing Block
Parking Features Concrete Driveway
Lot Features Item01UnitAcre
Water Source Public
Total Parking 3
Lot Size Area 9052
Foundation Details See Remarks
Number of Buildings 3
Spa false
Building Area Total 2865
Lot Size Acres 0.2078
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 4
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* Excluded Features
List By
Remax Optima

Broker

raymond@remaxoptima.com

Email

Affordability Calculator

$10,461
Per Month
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Monthly Principal & Interest
$10,461
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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
2/20/2026$1,699,000 Listed Price

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1168 Justin Avenue, Glendale, CA, 91201 is a Multi-Family Home for sale at $1,699,000 with 2,865 sqft and a lot size of 0.2078. 1168 Justin Avenue is a studio with 1.0 baths and was built in 1926. The property's zip code is 91201 which is in Glendale, CA