Movoto Real Estate
Sold on 03/25/2026
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1055 Allen, Glendale, CA 91201

$2,450,000

Last sold 03/25/2026 after 63 Days

  • bed

  • bath

Multi-family not for sale

About 1055 Allen

Property type Multi-family
Neighborhood
Year built 1926
HOA fee $0/month
Lot size 10,079 Sqft
Parking 5 garage spaces
Rental estimate
Property description
1055-1057 Allen Avenue is a fully renovated five-unit multifamily property consisting of three buildings situated on a 10,079 sqft lot, offering a compelling blend of modern design, strong tenant demand, and long term investment stability. The property features four (4) 1 bedroom / 1 bathroom units and one (1) detached 2-bedroom / 1-bathroom single-family with a private backyard, All units interior and exterior have been completely gutted and renovated, with no expense spared. Interior upgrades include open floor plans, high ceilings, new flooring, recessed lighting, and modern white kitchens with generous cabinet space. Bathrooms have been upgraded with walk-in showers and contemporary fixtures, and in-unit laundry hookups are provided in every unit. The property offers private garages for each unit, accessed from the alley, along with a professionally landscaped courtyard featuring palm trees and fresh greenery, enhancing curb appeal and tenant satisfaction. This property offers excellent privacy, low operating costs, and minimal management needs. Conveniently located near shopping, dining, and major freeways, making a true turnkey investment with steady income potential and long-term upside in a strong rental market.
Listed by
Listing Agent - Rafik Bazikian
Listing Agent Contact: 818-434-3838
Listing Office - Imperial Realty Co.
Source: CRMLS mls logo
MLS#GD26015222 • last updated 5 months ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Commercial/Residential
Status Closed
Lot Size (Acres) 0.2314
Lot Size (SqFt) 10079
Year Built 1926
Interior
Laundry In Kitchen
Exterior
Building Area Square Feet, 3080
# Parking Spaces 5
# Garage Spaces 5
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Directions From Glenoaks Blvd, Turn Onto Allen Ave
APN 5624008027
Multifamily Details
Expense: Trash 1620
Operating Expense 42048
Expense: Insurance 8765
Total Expenses 42048
Expense: Water/ Sewer 2300
Gross Income 165000
Gross Scheduled Income 165000
Expense: Gardener 1800
Rental est.: $1,945/month
Gross rent multiplier: 105.0
  • Mar 2026
    mls logo MLS # GD26015222
  • Mar 26, 2026 Sold
    $2,450,000
  • Mar 11, 2026 Pending
  • Feb 26, 2026 Price Change
    $2,450,000 (-3.9%)
  • Jan 21, 2026 Listed
    $2,550,000 (+72.3%)
  • Mar 2026
    Public Records
  • Mar 25, 2026 Sold
    $2,450,000
  • Nov 2018
    Public Records
  • Nov 8, 2018 Sold
    $1,480,000
  • Nov 2018
    mls logo MLS # 18375276
  • Nov 8, 2018 Sold
    $1,480,000
  • Nov 8, 2018 Sold
    $1,480,000 (-1.0%)
  • Oct 8, 2018 Pending
  • Sep 24, 2018 Active
  • Aug 13, 2018 Listed
    $1,495,000
  • Aug 1, 2018 Listed
    $1,495,000
  • Aug 1, 2018 Listed
    $1,495,000
  • Year Property taxes Tax assessment
  • 2024
    $18,360 +2.3%
    $1,618,591 +2.0%
  • 2023
    $17,950 +1.7%
    $1,586,855 +2.0%
  • 2022
    $17,647 +1.7%
    $1,555,742 +2.0%
  • 2021
    $17,350 +1.4%
    $1,525,238 +1.04%
  • 2020
    $17,119 +71.8%
    $1,509,600 +76.41%
  • 2018
    $9,966
    $855,741
  • 1055 Allen
    $2.45M
  • Grandview
    $648K -31% y/y
  • 91201
    $1.1M -8% y/y
  • Glendale
    $999K -16% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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