Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1718

  • Property Type

    Commercial Sale

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $2,750,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Gilda Baez , Professional Realty Company

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
We are pleased to present 231 Justin Avenue, a nine-unit multifamily investment opportunity located in the heart of Glendale. This pride-of-ownership asset offers investors a rare opportunity to acquire a well-maintained property with significant income potential — 30% or more in rental upside achievable through a focused interior renovation program.



Built in 1961, the property spans 8,422 square feet on a 7,482 square foot lot, featuring a desirable mix of three (3) one-bedroom/one-bath units and six (6) two-bedroom/one-and-a-half-bath units. Many of the units remain in original condition, presenting a clear path to increased cash flow via upgrades. The property also features tuck-under parking, on-site laundry, and is separately metered for gas and electricity, ensuring operational efficiency for future ownership.



Zoned R3050, the existing unit count is considered irreplaceable under current zoning constraints, adding long-term security to the investment. The well-designed layout and generous square footage per unit provide an excellent canvas for modernization and rent repositioning.



Ideally located just west of Brand Boulevard and north of San Fernando Road, 231 Justin Ave is within close proximity to major employment centers, award-winning schools, and the world-class shopping and dining amenities of The Americana at Brand and Glendale Galleria. Commuters benefit from seamless access to the 5, 134, and 2 Freeways, offering direct connectivity to Burbank, Eagle Rock, Downtown Los Angeles, and the San Fernando Valley.



This is a unique opportunity to acquire a stable, value-add multifamily asset in one of Los Angeles County’s most resilient and supply-constrained rental markets.

231 Justin Avenue

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Amazing church facility with a daycare / preschool / kindergarten included for sale. The daycare can accommodate 40 kids. It also comes with a commercial-grade kitchen. Located in the prime north Glendale area and is a great investment opportunity.
#25587851

Glendale

632 W Stocker Street

None Beds

None Baths

4,224 Sq.Ft.

$2,988,000

MLS#: 25587851

BUYER HAS TO BE AN OWNER USER OF THE DENTAL OFFICE! This exceptional mixed use property offers a unique investment opportunity, combining a thriving Dental office witth six multi family residential  units. Located in the City of Glendale, this property benefits from a desirable location, stable income streams, and potential  for long term appreciation. A well established dental practice occupies the commercial space.  The Dental office is also for sale for $650000. with 3 dental chairs. It is still a busy practice and business. The combination of Commercial and Residential uses creates a synergistic effect, enhancing the overall value and appeal of the property. With a stable Dental office and six residential units, this property offers consistent and diversified income stream.
#BB25069016

Glendale

1140 E Chevy Chase Drive

None Beds

None Baths

4,821 Sq.Ft.

$3,100,000

MLS#: BB25069016

 - property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here