616 E Lomita Glendale, CA $ 2,590,000
616 E Lomita
$ 2,590,000
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616 E Lomita

Glendale, CA, 91205
$ 2,590,000
Baths1.0 Sq 6,078

Monthly Estimate*

$ 15,947

Listed by Sarian Realty
616 E Lomita, Glendale, CA 91205 - Image 1
Studio

Multi-Family Home for sale in Glendale, CA

for $2,590,000 with 1 full bath. This 6,078 square foot home was built in 1931 on a lot size of 0.1643.

Please read description completely! Offering for sale presents a rare, high-density residential assemblage in the heart of Glendale’s coveted Mariposa neighborhood. Providing a unique "buy-and-hold" income stream or a powerhouse development site. The crown jewel of the portfolio is 616 E Lomita Ave, a 1931-built multi-family complex that has been meticulously transformed into an 8-unit income generator. The site features a fully renovated 4-unit apartment building paired with 4 modern ADUs, totaling 6,078 square feet of living space with 12 bedrooms and 8 bathrooms. Each unit boasts contemporary finishes, including vinyl plank flooring, quartz countertops, and stainless-steel sinks. Investors will appreciate the operational efficiency of 5 separate electric and gas meters, gated parking for up to 10 vehicles, and on-site community laundry. Boasting a 92 Walk Score, this assemblage is a "Walker’s Paradise" located just blocks from The Americana at Brand and the Glendale Galleria. With easy access to the 134, 5, and 2 freeways and top-tier Glendale Unified schools, this is a premier opportunity to dominate a prime slice of the Glendale real estate market.

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Multi-Family Contingent

Price

$ 2,590,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1643

Year Built

1931

Town/City

Glendale

County/Region

Los Angeles

MLS | Web ID

BB26064019

Days on Market

64

Features
General
Sewer Public Sewer
Heating Electric Natural Gas Wall Furnace
Cooling Whole House Fan Wall/Window Unit(s)
Utilities Cable Available Electricity Connected Natural Gas Connected
Roof Flat Foam
Garage Spaces 0
Architectural Style Spanish
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Copper Plumbing
Year Built 1931
Electric 440 Volts
Property Subtype Apartment
Gross Income 188976
Community Features Sidewalks
County Los Angeles
Net Operating Income 177576
Operating Expense 11400
Insurance Expense 33600
New Construction false
Property Type Residential Income
Facing Direction North
Garage Y/N false
Other Structures Storage
Special Listing Conditions Standard
Status Active Under Contract
Directions Exit Glendale Ave south on Glendale turn left on Lomita Ave
City Glendale
Entry Location street
Senior Community Y/N false
Number Of Units Total 8
MLS Area 628 - Glendale-South of 134 Fwy
Lot Size Units Square Feet
Lot Size Square Feet 7159
Number of Units Leased 8
Listing Terms Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 5400
Fuel Expense 0
Property Condition Building Permit Updated/Remodeled
Trash Expense 6000
Water Sewer Expense 2600
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 5
Total Actual Rent 15748
Property Sub Type Additional Apartment
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Interior
Interior Amenities Balcony Ceiling Fan(s) Multiple Staircases
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds ENERGY STAR Qualified Windows
Laundry Features Washer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Exterior Amenities Lighting Rain Gutters
Parking Features Assigned
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 0
Lot Size Area 7159
Foundation Details Raised
Number of Buildings 1
Building Area Total 6078
Lot Size Acres 0.1643
Road Surface Type Paved
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
Road Frontage Type City Street
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* Excluded Features
List By
Sarian Realty

Broker

sarianrealty@att.net

Email

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$15,947
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Monthly Principal & Interest
$15,947
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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
4/19/2026$2,590,000 -3.72% Price Down
4/18/2026$2,690,000 -3.58% Price Down
4/14/2026$2,790,000 -0.18% Price Down
3/25/2026$2,795,000 Listed Price

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616 E Lomita, Glendale, CA, 91205 is a Multi-Family Home for sale at $2,590,000 with 6,078 sqft and a lot size of 0.1643. 616 E Lomita is a studio with 1.0 baths and was built in 1931. The property's zip code is 91205 which is in Glendale, CA