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Listed by: Han Chen (626) 224-2495 DRE #01749321 | Growth Investment Group Pasade (626) 594-4900
$5,400,000
Monthly Est:$26,878
-- Bed
-- Bath
--sqft
1063 Justin Ave, Glendale, CA 91201
$5,400,000
$26,878/moEst:
Get Pre-Approved
Apartment
Built in 1963
$-- HOA
7,327 sqft lot
--/sqft
Description
5.57% ACTUAL CAP RATE - Cash-flowing day 1 without needing to upgrade any unit! Year 2 CAP Rate is 6.35% with an annual rent increase. The 1063, a HIGH CAP Rate turnkey luxury 12-unit apartment community located in the highly desirable city of Glendale, bordered by the City of Burbank. The property offers superb location (Walkscore 86) with access to many amenities, within walking distance to IKEA Burbank, Burbank Downtown, many shopping centers, close to schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). The offering is unique due to its prime location, High CAP Rate, and turnkey con...
Continue Reading- Houzeo last checked: 6 minutes ago
- Listing updated: July 30, 2026 at 2:29 am
- Source: California Regional MLS-CA | MLS#: AR26165942
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1963
HOA Fees
-
Finished Area
- sqft
Lot Size
7,327 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
AR26165942
MLS Status
Active
Days on Market
52
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Flooring
Vinyl, Wood
Window Features
Double Pane Windows
Cooling
Wall Window Units
Sewer
Public Sewer
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Dryer, Washer
Heating
Wall Furnace
Construction
Year Built
Year Built: 1963
Home type
Apartment
Roof
Flat
Property Condition
Updated Remodeled, Turnkey
Architectural Style
Mid Century Modern
Utilities & Energy
Parking Features
Assigned
Pool Features
None
Laundry Features
Washer Hookup, Gas Dryer Hookup
Electric
Standard
Fireplace Features
None
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Water Source
Public
Other Features
Community Features
Suburban
Tenant Pays
Electricity, Gas
Lot Features
Level, Near Public Transit, Rectangular Lot, Street Level
Price History
| Date | Event | Price |
|---|---|---|
02/05/2025 Source: | Listed for Sale | $5,600,000 $0/sqft |
02/05/2025 Source: | Off Market | $5,600,000 +71.52% $0/sqft |
06/30/2021 Source: | Sold | $3,265,000 $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 20, 2026, 04:30AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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