This property is a rare investor opportunity in Glendale, California, offering permit-ready plans to build a 33-unit residential development near Burbank Studios and close to major amenities like the I-5 freeway, The project is designed to appeal to tenants seeking proximity to Burbank’s media and entertainment hubs, combined with the convenience of city amenities. The surrounding neighborhood offers extensive shopping (Costco, IKEA, Macy’s, Walmart, Target), entertainment (AMC 16 Theaters), and dining, increasing the appeal for prospective tenants.
The finished product will be a four-story architectural building, providing ample parking and open-air meeting spaces on higher floors. The unit mix includes two bedrooms (1,013-1,073 SF) one-bedroom and a den (873-959 SF) and one bedroom (642 to 900 SF) layouts, with several units featuring private balconies.
The buyer will be required to pay all permit fees to begin construction, with plans already at the “Ready To Issue” (RTI) stage, ensuring a streamlined process for immediate building commencement.
For sale
Listing Provided by:
Arthur Mangassarian DRE #00751703 818-636-8899,
Re/Max Tri-City Realty,
Zareh Amirian DRE #02254561,
Keyes Real Estate
$4,500,000
417 Irving Ave, Glendale, CA 91201
--beds
--baths
2,012sqft
Est.:
Multi Family
Built in 1952
-- sqft lot
$4,492,800 Zestimate®
$2,237/sqft
$-- HOA
What's special
- 20 days |
- 127 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: December 14, 2025 at 11:06am
Listing Provided by:
Arthur Mangassarian DRE #00751703 818-636-8899,
Re/Max Tri-City Realty,
Zareh Amirian DRE #02254561,
Keyes Real Estate
Source: CRMLS,MLS#: GD25268601
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,012
- Total interior livable area: 2,012 sqft
Property
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 9,659 Square Feet
- Features: 31-35 Units/Acre
Details
- Parcel number: 5625009020
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs
Location
- Region: Glendale
Financial & listing details
- Price per square foot: $2,237/sqft
- Tax assessed value: $1,190,673
- Annual tax amount: $13,365
- Date on market: 12/1/2025
- Cumulative days on market: 20 days
- Listing terms: Cash to New Loan
Estimated market value
$4,492,800
$4.27M - $4.72M
$4,260/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Listed for sale | $4,500,000+309.1%$2,237/sqft |
Source: | ||
| 6/23/2021 | Sold | $1,100,000$547/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,365 +2.2% | $1,190,673 +2% |
| 2024 | $13,083 +2.3% | $1,167,328 +2% |
| 2023 | $12,788 +1.8% | $1,144,440 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$28,328/mo
Principal & interest
$22403
Property taxes
$4350
Home insurance
$1575
Climate risks
Neighborhood: Riverside Rancho
Nearby schools
GreatSchools rating
- 8/10Benjamin Franklin Elementary SchoolGrades: K-6Distance: 0.3 mi
- 5/10Eleanor J. Toll Middle SchoolGrades: 6-8Distance: 1.7 mi
- 7/10Herbert Hoover High SchoolGrades: 9-12Distance: 1.8 mi
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