Garden-Style Apartment
For Sale
$5,400,000
1063 Justin Ave, Glendale, CA 91201
Turnkey 12-unit, two-story walkup with courtyard, gated parking for 11, and extensive in-unit and exterior upgrades.
Property SizeContact for details
Days on Market205
Property Features for 1063 Justin Ave
General Information
Standard status
Active
Total Parking Spaces
11
Property subtype
Multi-Family
Site & Location
Neighborhood
Grand Central
Highway Access
Yes
Additional Details
Cap Rate
5%
Multifamily Units
12
Amenities
courtyard common area
in-unit washer/dryer
private balcony (one unit)
gated parking
shared laundry room
separately metered for electricity and gas
master water heater
Building Details
Year Built
1963
Stories
2
Construction
garden style
Tenancy
Multi
Listing Agency:
Growth Investment Group Pasade
Listed By:
Handoko Chen han.chen@growthinvestmentgroup.com · License #CA 01749321
(626) 224-2495
Source:
Findahomenorthcountysandiego
Added: Apr 11
Changed: Oct 31
Last Checked: Oct 30 at 2:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Growth Investment Group Pasade
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Investment Insights
Based on property information with market context.
1063 Justin Ave is a turnkey, garden-style, two-story walkup apartment community built in 1963 with 12 total units. The property includes a landscaped, drought-tolerant center courtyard and a master water heater, plus a shared laundry room. Units are separately metered for electricity and gas. The gated parking area provides 11 parking spaces.
The unit mix includes four large 2 bed + 1 bath apartments, six 1 bed + 1 bath apartments, and two studio units. Almost all units have been fully upgraded, including electrical and plumbing updates, new durable wood vinyl and tile bathroom flooring, new windows, in-unit washer/dryer, and state-of-the-art mini-split HVAC systems. Kitchens feature new cabinets, quartz countertops, and stainless-steel appliances, and bathrooms have updated fixtures and finishes. Exterior improvements include a new facade, exterior paint and signage, an entry gate, and redone landscaping.
Located in Glendale near Burbank and with access to major freeways, the property is also subject to AB 1482 and the Glendale Rent Ordinance.
The unit mix includes four large 2 bed + 1 bath apartments, six 1 bed + 1 bath apartments, and two studio units. Almost all units have been fully upgraded, including electrical and plumbing updates, new durable wood vinyl and tile bathroom flooring, new windows, in-unit washer/dryer, and state-of-the-art mini-split HVAC systems. Kitchens feature new cabinets, quartz countertops, and stainless-steel appliances, and bathrooms have updated fixtures and finishes. Exterior improvements include a new facade, exterior paint and signage, an entry gate, and redone landscaping.
Located in Glendale near Burbank and with access to major freeways, the property is also subject to AB 1482 and the Glendale Rent Ordinance.
Key Highlights
- 12‑unit, two‑story walkup apartment community built in 1963 with a landscaped center courtyard common area
- Strong unit mix: four 2 bed + 1 bath, six 1 bed + 1 bath, and two studio units; one 2‑bedroom includes a private balcony
- Extensive upgrades including new windows, in‑unit combo washer/dryer, and state‑of‑the‑art mini‑split HVAC systems
Property Analytics
Who owns this building?
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Lease Details
12
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,045
Businesses Nearby
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Business Placement
Demographics for 91201, CA
22,608
Population
8,570
Households
2.6
Avg Household Size
43
Median Age
34%
College-Educated
86%
High-School Grad
2.4 sq mi
ZIP Area
9,420
Density / Sq Mi
$74,980
Median Household Income
$44,444
Median Earnings
$2,034
Median Rent
$1,060,500
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey 12-unit, two-story walkup with courtyard, gated parking for 11, and extensive in-unit and exterior upgrades.
Where is this apartment building located?
The property is located at 1063 Justin Ave Glendale, CA.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: 12‑unit, two‑story walkup apartment community built in 1963 with a landscaped center courtyard common area; Strong unit mix: four 2 bed + 1 bath, six 1 bed + 1 bath, and two studio units; one 2‑bedroom includes a private balcony; Extensive upgrades including new windows, in‑unit combo washer/dryer, and state‑of‑the‑art mini‑split HVAC systems
