516 W Lexington, Glendale, CA 91203

Glendale
Local realty services provided by:ERA North Orange County Real Estate
516 W Lexington,Glendale, CA 91203
$1,449,000
  • - Beds
  • - Baths
  • 2,592 sq. ft.
  • Multi-family
  • Pending
Listed by: arthur mangassarian
Office: re/max tri-city realty818-409-0040
MLS#:GD26036367
Source:CRMLS

Price summary

  • Price:$1,449,000
  • Price per sq. ft.:$559.03

About this home

RE/MAX Tri-City Commercial presents a rare value-add opportunity at 516 W Lexington Drive, Glendale, CA 91203,A 4-unit multifamily property located in Glendale highly sought-after Northwest rental sub market. The property consists of four (4) one-bedroom / one-bathroom units situated on an approximately 6,149 square foot lot with Five (5) on-site parking spaces. The property offers classic Glendale character with strong repositioning potential. Located just moments from The Americana at Brand, Glendale Galleria, the 134 Freeway, major employment corridors, retail, dining, and public transit. One unit is currently vacant, and a second unit may become vacant prior to close of escrow (not guaranteed), allowing an investor or owner-user the opportunity to implement upgrades and adjust rents early in the hold period. Current rents are below projected market levels, offering a clear path to increased income. At market rents, the property achieves an estimated 5.6% cap...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1926
  • Listing ID #:GD26036367
  • Added:73 day(s) ago
  • Updated:May 03, 2026 at 07:40 AM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Disposal
  • Living area:2,592 sq. ft.

Heating and cooling

  • Cooling:Gas

Structure and exterior

  • Year built:1926
  • Building area:2,592 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,449,000
  • Price per sq. ft.:$559.03

Features and amenities

  • Appliances:Disposal
  • Amenities:Gas Water Heater

Parking

  • Total parking spaces:4
  • Parking description:4 Carport Space(s)
  • Carport spaces:4
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). ERA North Orange County Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA North Orange County Real Estate, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 516 W Lexington