Listing provided courtesy of Keller Williams Studio City- MLS# 26671833MLS Provider

729 Raleigh StGlendale, CA 91205

Multi-Family · 22 Beds · 11,424 Sq. ft. | 0.25 Acres
$3,999,000 Active

729 Raleigh St Overview

Time on Site:
82 days
Visits:
0

Located in the highly desirable city of Glendale, 729 Raleigh St presents an exceptional multifamily investment opportunity in one of Los Angeles County's most stable and high-demand rental markets. This pride-of-ownership property has been well maintained and offers a strong in-place unit mix, making it an ideal asset for investors seeking both stability and long-term growth potential. The property features a desirable unit mix of 12 units & One (1) Non-Conforming Unit, 13 Total Units, consisting of 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 is highly attractive to families, professionals, and roommates, contributing to strong occupancy and consistent rental demand. The building is individually metered for gas and electric, helping to reduce owner expenses and improve overall operating efficiency. Tenants benefit from on-site parking with storage and on-site laundry facilities, amenities that significantly enhance rental appeal and tenant retention. The property's pride-of-ownership condition and functional layout make it a desirable place to live, contributing to long-term tenancy and stable income. The location offers excellent access to nearby retail, dining, and entertainment, including the Glendale Galleria and The Americana at Brand, both just minutes away. Residents also enjoy convenient access to public transportation, including the nearby Glendale Transportation Center, providing regional connectivity throughout Los Angeles County. Additionally, the property is centrally located with short distance access to the State Route 134, State Route 2, and Interstate 5, allowing convenient travel to surrounding employment centers including Burbank, Pasadena, Downtown Los Angeles, and the greater San Fernando Valley. With its prime Glendale location, strong unit mix, pride-of-ownership condition, and proximity to major retail, transit, and freeway access, 729 Raleigh St represents a compelling investment opportunity in a supply-constrained rental market with long-term appreciation potential. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

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729 Raleigh St Facts & Features

  • Type Multi-Family
  • Sq. ft. 11,424
  • Price/Sq.ft. $350
  • Lot 0.25 Acres

Details

General

Income/Expenses

  • Gross Income: 371496
  • Net Operating Income: 250718.00

Building Information

  • Year Built: 1964

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Glendale-South of 134 Fwy

Tax Information

  • Tax Assessed Value: 2061586

General Information

  • Disclosures: None
  • Property Type: Residential Income
  • Zoning: GLR4YY

Interior

Beds/Baths

  • Bathrooms Total: 22.00
  • Bedrooms Total: 22

General Information

  • Cooling: Wall/Window
  • Heating: Wall
  • Levels: One
  • Living Area: 11424
  • Living Area Source: Other
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 12

Lot Information

  • Lot Size Acres: 0.2474
  • Lot Size Area: 10775
  • Lot Size Source: Assessor
  • Number Of Buildings: 1

General Information

  • Covered Spaces: 14
  • Number Of Units Total: 13
  • Other Structures: None
  • Pool Features: None
  • Pool Private: False

729 Raleigh St Neighborhood

Community

91205 (Glendale) Demographics

41
Median Age
19,854
Population Density (per sq. mile)
47%
College Educated
$47,160
Estimated Median Income
2,217
Estimated Total Home Owners
11,835
Estimated Total Renters
16% / 84%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

729 Raleigh St Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

729 Raleigh St Market Data

Based on the last 30 days in this zip code

$902,261
Average List Price
$674
Average Price per Square Foot
10
Properties Sold
35
Average Days on Market
42
Properties for Sale
Calculations provided by Reliance Network

729 Raleigh St History

Date Event Value Agent
5/4/2026Source: CRMLS Price Reduction
$3,999,000 -11.0%
5/4/2026Source: TheMLS (CLAW) Price Reduction
$3,999,000 -11.0%
4/8/2026Source: CRMLS Added to Database
April 08, 2026
4/8/2026Source: TheMLS (CLAW) Added to Database
April 08, 2026
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