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1258 Mariposa St StreetGlendale, CA 91205

For Sale

$3,495,000

Smart Buyer Rebate $34,950

Welcome to this rare investment opportunity in Glendale, featuring a meticulously renovated and newly expanded 6-unit multifamily property situated on an expansive 10,755 SF lot. The property consists of 3 extensively remodeled units and 3 newly constructed luxury ADUs, offering investors a turnkey 4,265 SF of living space asset with strong rental potential. The unit mix includes (3) 2BR+1BA triplex, (2) 2BR+2BA duplex, and (1) 1BR+1BA house, each designed with modern finishes and functional layouts. All units feature new kitchens and bathrooms, stainless steel appliances, in-unit washer/dryers, new plumbing and sewer line, new electrical wirings and panels, LED lighting, new roof, windows, doors, flooring, new A/C units, new water heaters, new vinyl fencing, new pavers, new concrete driveway and parking lot, and so much more. The property offers new landscaping, private patios for each unit, striking curb appeal, and six on-site parking spaces, creating a highly desirable bungalow-style living environment with added privacy compared to traditional apartment buildings. The property will be delivered 100% vacant, allowing a new owner to lease units at market rents and maximize income immediately. In addition to traditional multifamily use, the property's layout and configuration may accommodate specialized residential uses such as assisted living, sober living, outpatient treatment, detox/rehab, or daycare facilities, subject to buyer verification of licensing and permit requirements. Located in one of Glendale's established residential neighborhoods with convenient access to major employment centers, retail, and transportation corridors, this property represents a rare turnkey investment opportunity with modern construction and strong income potential.

Listed by Melina Kalachian

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License #01877904

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Keller Williams Realty

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(818) 522-1900

Listed by Vince Kalachian

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License #01172350

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Keller Williams Realty

Last updated March 10, 2026

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Source: CRMLS #P1-26185

Listing Facts

  • TypeMulti-family
  • NeighborhoodAdams Hill
  • Days on Prevu6

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/10/2026
Listed by Keller Williams Realty
$3,495,000

Property Details for 1258 Mariposa St Street

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 6
  • Property Attached: Yes
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1950
  • Architectural Style: See Remarks
  • Common Walls: No One Above

Features

  • Fencing: See Remarks

Measurements

  • Building Area Total: 4,265
  • Lot Size Acres: 0.24
  • Lot Size Area: 10,755
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 10,755
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.06
  • Gross Income: $234,000.00
  • Operating Expense: $52,301.00

Taxes

  • Parcel Number: 5676027018

Other

Location

  • Subdivision Name: Not Applicable
  • Tax Lot: 2

Parking

Parking

  • Parking Features: Assigned
  • Parking Total: 6

Utilities

Equipment

  • Cooling: See Remarks
  • Has Cooling: Yes
  • Heating: See Remarks
  • Has Heating: Yes
  • Laundry Features: See Remarks

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1258 Mariposa St Street.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 1258 Mariposa St Street.

1258 Mariposa St Street is a -bedroom multi-family home for sale in Glendale CA 91205. Available on Prevu for 6 days at $3,495,000. This residence is located in Adams Hill. The median listing price for multi-family homes in this area is $1,162,000. Additional 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.