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$3,149,000

Est. payment - /mo

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14 Beds

11 Baths

7,089 SqFt

New

1157 Justin AVE Glendale, CA 91201

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Damaris Radut

damarisradut@epique.me +1(310) 384-4832

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,089 sqft

Price per Sqft $444

MLS Listing ID 26641881

Bedrooms 14

HOA Y/N No

Year Built 1963

Lot Size 7,984 Sqft

Property Description

We are pleased to present 1157 Justin Avenue, an eight-unit multifamily investment property located on a quiet, tree-lined street in the highly desirable El Miradero neighborhood of North Glendale. This high-performing asset has demonstrated strong income stability with minimal vacancy, driven by its proximity to top-rated schools and surrounding single-family residential appeal.The property is situated one block from Thomas Jefferson Elementary School. The rear two units enjoy ground-floor private rear patios, offering tenants direct access to outdoor living. Tenants enjoy 11 on-site parking spaces, including two large, enclosed garages, which buyer may be able to convert to ADUs, potentially further increasing the income. Buyer to confirm Glendale municipal code allowing for ADU construction. All units are separately metered for gas and electricity, allowing for efficient expense control. Constructed in 1963, the property consists of an exceptional unit mix featuring 6 two-bedroom units and 2 one-bedroom units, totaling 7,089 square feet on a 7,981 square foot R2250-zoned lot. The current unit count is irreplaceable under today's zoning, providing long-term scarcity value and downside protection. Additional on-site amenities include owned laundry facilities and security cameras.The property is ideally located north of Glenoaks Boulevard and west of Grandview Avenue, just steps from Kenneth Village and surrounded by larger single-family homes. Tenants are within three miles of The Americana at Brand, less than one mile from Trader Joe's in Burbank, and two miles from Burbank Town Center. Immediate access to the CA-5 and CA-134 Freeways allows for convenient commuting throughout Burbank, Studio City, Los Feliz, Atwater Village, North Hollywood, Downtown Los Angeles, and the greater San Gabriel Valley.Located in the landlord-friendly City of Glendale, the property is subject to AB 1482 while allowing higher annual rent increases than the City of Los Angeles or unincorporated Los Angeles Countymaking 1157 Justin Avenue a compelling opportunity for both cash-flow stability and long-term appreciation.

Location

State CA

County Los Angeles

Area 626 - Glendale-Northwest

Zoning GLR4YY

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Disposal, Refrigerator

Exterior

Parking Features Covered, Garage

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5623012005

Special Listing Condition Standard

Listed by Marcus & Millichap

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

9

Thomas Jefferson Elementary School

Public | KG - 5
9

Horace Mann Elementary School

Public | PK - 5
9

R. D. White Elementary School

Public | KG - 5
8

Joaquin Miller Elementary School

Public | KG - 5
8

Balboa Elementary School

Public | KG - 6
8

Mark Keppel Elementary School

Public | KG - 5
7

Walt Disney Elementary School

Public | KG - 5
7

Ralph Emerson Elementary

Public | KG - 5
7

Benjamin Franklin Elementary School

Public | KG - 6
6

William McKinley Elementary School

Public | KG - 5
6

Thomas Jefferson Elementary School

Public | PK - 6
5

Thomas Edison Elementary School

Public | KG - 6
5

Columbus Elementary School

Public | PK - 5
1

Options for Youth-Burbank Charter

Public | KG - 12
0

Burbank Edu-Care Preschool and Kindergarden

Private | PK - KG
0

St Finbar Parish School

Private | PK - 8
0

Media Center Montessori Pre-School/Kindergarten

Private | PK - KG
0

Lycee International de los Angeles

Private | PK - 12
0

Music Box Preschool & Kindergarten

Private | PK - TKG
0

St Robert Bellarmine Elementary School

Private | KG - 8

Middle Schools 7

8

John Muir Middle School

Public | 6 - 8
7

Eleanor J. Toll Middle School

Public | 6 - 8
6

David Starr Jordan Middle School

Public | 6 - 8
6

Theodore Roosevelt Middle School

Public | 6 - 8
0

International School of los Angeles-Burbank

Private | 6 - 12
0

Burbank Unified School District Community Day

Public | 7 - 12
0

Jewel City Community Day

Public | 7 - 10

High Schools 7

8

John Burroughs High School

Public | 9 - 12
8

Burbank High School

Public | 9 - 12
7

Herbert Hoover High School

Public | 9 - 12
0

Providence High School

Private | 9 - 12
0

Bellarmine-Jefferson High School

Private | 9 - 12
0

Holy Family High School College Preparatory

Private | 9 - 12
0

Daily (Allan F.) High (Continuation)

Public | 9 - 12

School and business data provided by Attom Data.

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Damaris Radut

Agent

+1(310) 384-4832

1157 Justin AVE Glendale, CA 91201

Damaris Radut

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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1157 Justin AVE