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1157 Justin AvenueGlendale, CA 91201

For Sale

$3,149,000

Smart Buyer Rebate $31,490

We are pleased to present 1157 Justin Avenue, an eight-unit multifamily investment property located on a quiet, tree-lined street in the highly desirable El Miradero neighborhood of North Glendale. This high-performing asset has demonstrated strong income stability with minimal vacancy, driven by its proximity to top-rated schools and surrounding single-family residential appeal.The property is situated one block from Thomas Jefferson Elementary School. The rear two units enjoy ground-floor private rear patios, offering tenants direct access to outdoor living. Tenants enjoy 11 on-site parking spaces, including two large, enclosed garages, which buyer may be able to convert to ADUs, potentially further increasing the income. Buyer to confirm Glendale municipal code allowing for ADU construction. All units are separately metered for gas and electricity, allowing for efficient expense control. Constructed in 1963, the property consists of an exceptional unit mix featuring 6 two-bedroom units and 2 one-bedroom units, totaling 7,089 square feet on a 7,981 square foot R2250-zoned lot. The current unit count is irreplaceable under today's zoning, providing long-term scarcity value and downside protection. Additional on-site amenities include owned laundry facilities and security cameras.The property is ideally located north of Glenoaks Boulevard and west of Grandview Avenue, just steps from Kenneth Village and surrounded by larger single-family homes. Tenants are within three miles of The Americana at Brand, less than one mile from Trader Joe's in Burbank, and two miles from Burbank Town Center. Immediate access to the CA-5 and CA-134 Freeways allows for convenient commuting throughout Burbank, Studio City, Los Feliz, Atwater Village, North Hollywood, Downtown Los Angeles, and the greater San Gabriel Valley.Located in the landlord-friendly City of Glendale, the property is subject to AB 1482 while allowing higher annual rent increases than the City of Los Angeles or unincorporated Los Angeles Countymaking 1157 Justin Avenue a compelling opportunity for both cash-flow stability and long-term appreciation.

Last updated January 30, 2026

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Source: CRMLS #26641881

Listing Facts

  • TypeMulti-family
  • NeighborhoodGrandview
  • Bedrooms14
  • Days on Prevu8
  • Size7,089 sqft
  • Price per sqft$444

Amenities

  • Parking

Location

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Listing History

01/22/2026
Listed by Marcus & Millichap
$3,149,000

Property Details for 1157 Justin Avenue

Exterior

Construction

  • Number Of Units Total: 8
  • Stories: 2
  • Year Built: 1963

Measurements

  • Building Area Total: 7,089
  • Lot Size Acres: 0.18
  • Lot Size Area: 7,983
  • Lot Size Dimensions: 48,169
  • Lot Size Square Feet: 7,983
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.05
  • Gross Income: $235,200.00

Taxes

  • Parcel Number: 5623012005

Interior

Features

  • Appliances: Disposal, Refrigerator

Measurements

  • Living Area: 7,089

Rooms

  • Bathrooms Total Integer: 11
  • Bedrooms Total: 14

Parking

Parking

  • Garage: Yes
  • Parking Features: Covered, Garage

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 14 bedrooms in this multi-family home at 1157 Justin Avenue.

How does 1157 Justin Avenue compare to other multi-family homes in Grandview?

This multi-family home is listed 18% below the average price for multi-family homes in Grandview and has been on the market for 127 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 7,089 sqft.

1157 Justin Avenue is a 14-bedroom multi-family home for sale in Glendale CA 91201. Available on Prevu for 8 days at $3,149,000. This property features 7,089 square feet of living space, located in Grandview. The median listing price for multi-family homes in this area is $3,195,000. Property amenities include parking. Browse more multi-family home listings in Glendale.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.