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About This Home

This 22-bedroom, 22-bathroom residential multi family at 729 Raleigh St in Glendale, CA is listed for $3,999,000 ($350 per sqft). Built in 1964, the home offers 11,424 sqft of living space on a 0.25 acres lot.

Agent Description

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 surroun

ding 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.

Key Features

  • Built in 1964
  • 0.25 acre lot
  • 2 stories
  • 12 parking spaces

Property Details

2 stories
4 full
12 spaces
1964

Monthly Cost Estimate

$21,387/mo

20% down · 6.5% · 30 years

Principal$2,892
Interest$17,329
Insurance$1,166

Estimates only. Actual payments may vary.

Location

729 Raleigh St

Glendale, CA 91205

Property Details

Parking

Covered

Cooling

Wall/Window Unit(s)

Questions & Answers

This 22-bedroom, 22-bathroom residential multi family at 729 Raleigh St is listed at $3,999,000 ($350/sqft). The estimated monthly payment is $17,329 based on 20% down at 6.5% interest.

Key features include: Built in 1964, 0.25 acre lot, 2 stories, 12 parking spaces.

This property is listed by Michael Pesci and can be reached at 2138201335 or mike@aplagroup.com.

MP

Michael Pesci

Agent at Keller Williams Studio City

(213) 820-1335

Listed by Keller Williams Studio City · View on Broker Site

MLS# 26671833· Source: listhub· Updated 62 days ago

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

729 Raleigh St, Glendale, CA 91205

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