427 Lincoln Avenue, Glendale, CA 91205
Local realty services provided by:ERA North Orange County Real Estate
427 Lincoln Avenue,Glendale, CA 91205
$4,375,000
- 23 Beds
- 22 Baths
- 10,162 sq. ft.
- Multi-family
- Active
Listed by:sevak keshishian
Office:marcus & millichap
MLS#:25563101
Source:CRMLS
Price summary
- Price:$4,375,000
- Price per sq. ft.:$430.53
About this home
We are please to present 427 Lincoln Avenue, an eleven-unit multifamily investment opportunity located in the Somerset neighborhood of East Glendale. This well-maintained asset will provide the next investor with the opportunity to capture approximately 33% in rental upside through an interior renovation program. The property also includes an occupied non-conforming one-bedroom unit that can be converted to an ADU as bonus income. Constructed in 1986, the asset comprises ten two-bedroom/two-bathroom units and one three-bedroom/two-bathroom units spread across 10,162 square feet. All units have separate meters for gas and electricity, individual water heaters, central HVAC. The property has gated entry, an on-site laundry room, and subterranean parking with 27 parking spaces. The property sits on a 9,146 square foot lot and is zoned R2250, making the existing number of units irreplaceable with the current zoning. Situated just south of Colorado Boulevard and east of Verdugo Road, 427 Lincoln Avenue is less than 2 miles from The Americana on Brand and less than 1 mile from Eagle Rock Plaza. Both Colorado Boulevard and Verdugo Road are major thoroughfares in Glendale where tenants can find a variety of retail, restaurants, and places of business within these corridors. Commuters are within minutes from the nearest on-ramp to the CA-2 and CA-134 Freeways, offering ease of access to the Eagle Rock, Highland Park, Burbank, Los Feliz, Atwater, Downtown Los Angeles, and all of San Gabriel Valley.
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Home facts
- Year built:1986
- Listing ID #:25563101
- Added:81 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:23
- Total bathrooms:22
- Living area:10,162 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:1986
- Building area:10,162 sq. ft.
- Lot area:0.21 Acres
Finances and disclosures
- Price:$4,375,000
- Price per sq. ft.:$430.53
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