Under Contract

616 E Lomita

Glendale, CA 91205

$2,590,000 $10,919/Mo

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Overview

Bed

Bath

6,078

Sqft

7,159

Sqft(Lot)

Description

Please read description completely! Offering for sale presents a rare, high-density residential assemblage in the heart of Glendale’s coveted Mariposa neighborhood. Providing a unique "buy-and-hold" income stream or a powerhouse development site. The crown jewel of the portfolio is 616 E Lomita Ave, a 1931-built multi-family complex that has been meticulously transformed into an 8-unit income generator. The site features a fully renovated 4-unit apartment building paired with 4 modern ADUs, totaling 6,078 square feet of living space with 12 bedrooms and 8 bathrooms. Each unit boasts contemporary finishes, including vinyl plank flooring, quartz countertops, and stainless-steel sinks. Investors will appreciate the operational efficiency of 5 separate electric and gas meters, gated parking f or up to 10 vehicles, and on-site community laundry. Boasting a 92 Walk Score, this assemblage is a "Walker’s Paradise" located just blocks from The Americana at Brand and the Glendale Galleria. With easy access to the 134, 5, and 2 freeways and top-tier Glendale Unified schools, this is a premier opportunity to dominate a prime slice of the Glendale real estate market.

Property Details

Property Type : Residential Income

Price : $2,590,000

AD Id : 76364960

MLS Id : BB26064019

Lot Size : 7,159 Sqft

Living Area Size : 6,078

Year Built : 1931

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Flat,Foam Exterior Property Features: Lighting,Rain Gutters Interior Features: Balcony,Ceiling Fan(s),Multiple Staircases Windows: Blinds,ENERGY STAR Qualified Windows
Cooling Features

Whole House Fan,Wall/Window Unit(s) Air Conditioning

Heating Source

Electric,Natural Gas,Wall Furnace Has Heating

Building Information

Year Built: 1931 Building Area Total: 6,078 Construction: Copper Plumbing Roof: Flat,Foam
Exterior Features

Lighting,Rain Gutters

Foundation

Raised

Security Features

Smoke Detector(s)
Pool Features

None

Laundry Features

Washer Hookup,Gas Dryer Hookup

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1643
Lot Size Source: Assessor Lot Size Square Feet: 7159

Listing Price Information

Original List Price: 2,590,000 Listing Contract Date: 2026-03-20
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5675004006

Garage and Parking

Garage Description: Assigned

Homeowners Association

Other Property Info

Source Listing Status: Active Under Contract Source Neighborhood: 628 - Glendale-South of 134 Fwy Directions: Exit Glendale Ave, south on Glendale turn left on Lomita Ave Source Property Type: Residential Income Area: 628 - Glendale-South of 134 Fwy Property SubType: Apartment
Building and Construction

Property Age: 95 Common Walls: 2+ Common Walls Property Condition: Building Permit,Updated/Remodeled Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: street Property Attached: Yes

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1534 E Broadway, Glendale, CA, 91205	$1,075,000	3	1	1,066	1,066 SqFt
404 Lincoln Avenue, Glendale, CA, 91205	$5,199,000	--	--	13,176	13,176 SqFt
121 Maynard Street, Glendale, CA, 91205	$3,700,000	16	--	7,856	7,856 SqFt
1502 E Broadway, Glendale, CA, 91205	$3,700,000	16	--	7,598	7,598 SqFt
1517 E Garfield #32, Glendale, CA, 91205	$415,999	1	1	718	718 SqFt
1350 Carlton Drive, Glendale, CA, 91205	$999,000	3	2	1,150	1,150 SqFt
1313 Carlton Drive, Glendale, CA, 91205	$999,000	4	--	1,916	1,916 SqFt
1404 Corona Drive, Glendale, CA, 91205	$1,600,000	4	2	1,882	1,882 SqFt
1301 Corona Drive, Glendale, CA, 91205	$1,650,000	3	5	3,198	3,198 SqFt
1118 Oberlin Drive, Glendale, CA, 91205	$1,250,000	3	1	1,978	1,978 SqFt

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ByOwner last updated this listing 06/04/2026 @ 20:28

MLS: BB26064019 LISTED BY: Henrik Khodjasarian, Sarian Realty 800-920-1984 SOURCE: CRMLS