About this home

Please read description completely! Offering for sale presents a rare, high-density residential assemblage in the heart of Glendale's coveted Mariposa neighborhood. Providing a unique "buy-and-hold" income stream or a powerhouse development site. The crown jewel of the portfolio is 616 E Lomita Ave, a 1931-built multi-family complex that has been meticulously transformed into an 8-unit income generator. The site features a fully renovated 4-unit apartment building paired with 4 modern ADUs, totaling 6,078 square feet of living space with 12 bedrooms and 8 bathrooms. Each unit boasts contemporary finishes, including vinyl plank flooring, quartz countertops, and stainless-steel sinks. Investors will appreciate the operational efficiency of 5 separate electric and gas meters, gated parking for up to 10 vehicles, and on-site community laundry. Boasting a 92 Walk Score, this assemblage is a "Walker's Paradise" located just blocks from The Americana at Brand and the Glendale Galleria. With easy access to the 134, 5, and 2 freeways and top-tier Glendale Unified schools, this is a premier opportunity to dominate a prime slice of the Glendale real estate market.

Facts and features

Schools

• Horace Mann Elementary School

  elementary · K-5 · 0.4 mi

  9

• Theodore Roosevelt Middle School

  middle · 6-8 · 0.5 mi

  5

• Glendale High School

  high · 9-12 · 0.9 mi

  6

• Holy Family High School College Preparatory

  high · 9-12 · 0.2 mi

• Holy Family Elementary School

  elementary · K-8 · 0.3 mi

• A Plus Adventist Elementary School

  elementary · K-1 · 0.6 mi

Price history

• Jul 7, 2026 · Relisted$2,590,000
• Jul 5, 2026 · Listing Removed—
• Apr 19, 2026 · Price Changed$2,590,000
• Apr 18, 2026 · Price Changed$2,690,000
• Apr 14, 2026 · Price Changed$2,790,000
• Mar 25, 2026 · Listed$2,795,000
• Sep 10, 2025 · Listing Removed—
• Jun 13, 2025 · Listed$2,990,000

Tax history

• 2025$20,003 tax · $1,810,508 assessed
• 2024$19,546 tax · $1,775,009 assessed
• 2023$19,106 tax · $1,706,085 assessed
• 2022$18,777 tax · $1,672,633 assessed
• 2021$18,437 tax · $1,639,837 assessed
• 2020$18,174 tax · $1,623,024 assessed
• 2019$17,735 tax · $1,591,200 assessed
• 2018$15,888 tax · $1,428,000 assessed

Home value

$2,564,000

• Collateral Analytics$2,564,000
• Quantarium$2,082,086

Where it is