427 Lincoln Avenue, Glendale, CA 91205

Local realty services provided by:Better Homes and Gardens Real Estate Lakeview Realty
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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

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Home facts

  • Year built:1986
  • Listing Id #:25563101
  • Added:33 day(s) ago
  • Updated:August 13, 2025 at 10:36 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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