Glendale CA Multi-Family Real Estate, Homes for Sale

Exceptional 20-unit apartment complex located in the heart of Glendale, within walking distance of The Americana at Brand. The property features twenty spacious two-bedroom, one-and-a-half-bath townhouse-style units, each equipped with in-unit laundry, central HVAC, and secure underground parking. The property is currently operating at a CAP rate of 5.10% and 13.91 GRM with significant rental upside. Twelve units have been fully remodeled within the past two years, featuring new cabinetry, flooring, lighting, and appliances. The roof and waterproofing were replaced in 2020/2026, as well as several AC's, windows ensuring low maintenance and long-term durability. The property also features twenty (20) approximately 100-square-foot storage rooms within the parking garage, providing supplemental rental income and a highly desirable amenity for residents. With its prime location, spacious townhouse-style layouts, substantial recent improvements, and additional income potential, 333 Riverdale Drive presents a compelling opportunity to acquire a well-maintained multifamily asset in one of Glendale's most desirable rental markets.

333 Riverdale, Glendale

Listing courtesy of Listing Agent: David Nalbandyan (info@lapremierrealty.com) from Listing Office: LA Premier Realty.

$2,700,000

BB26229723 MLS

Presenting an exceptional investment opportunity in one of Glendale's most desirable rental submarkets. Built in 1985, this well-maintained 8-unit apartment complex offers a highly functional unit mix designed for strong tenant demand and steady rental income. Property highlights comprise of four (4) spacious 2-bedroom/2-bathroom units and four (4) 1-bedroom/1-bathroom units, appealing to a wide range of prospective renters. Capital Improvements include upgraded new silicone cool roof, enhancing energy efficiency and long-term durability. On-Site amenities feature a community washer and dryer facility providing convenient additional income. Parking advantages highlighted by an impressive 13 parking spaces available on-site—a rare and highly coveted feature in this prime rental area. All tenants are currently on month-to-month agreements, offering tremendous flexibility and upside potential for investors. Situated in a high-demand rental pocket, the property is just moments away from premier shopping, dining, and entertainment, including close proximity to the Americana at Brand and local dining districts.

809 E Chestnut Street, Glendale

Listing courtesy of Listing Agent: Susan Featherly (susanfeatherly@gmail.com) from Listing Office: Better Homes and Gardens Real Estate Town Center.

$21,500,000

P1-29331 MLS

Cedar Regency is an 80-unit apartment building at 310 N Cedar Street in central Glendale, a few blocks east of Glendale Avenue. Built in 1972, it measures 70,632 square feet on a 26,560 square foot lot zoned GLR4. The mix is sixty-nine one bedroom / one bathroom units and eleven two-bedroom / two bathroom units. Two elevators serve the building and two levels of parking hold 106 spaces. Heating and cooling are central, with the units located on the roof, and all electrical sub-panels have been updated. Stoves are electric and tenants pay only for electricity; the owner carries water, sewer, trash, and gas. The on-site laundry room operates without a lease, so that income accrues directly to ownership rather than to a third-party operator.Ten of the eighty units were vacant at the October 7, 2026 rent roll and can be reset at market immediately, with no tenant buyout required. In-place rents average $1,989 for one bedrooms and $2,350 for two bedrooms, below the Glendale lease comparable averages of $2,130 and$2,810. Pro-forma rents of $2,100 and $2,800 lift gross potential rental income from $1,957,496 to$2,108,400. Trailing-twelve operating expenses of $682,960 run 35.83% of effective gross income, or $8,537 per unit. At the listing price of $21,500,000, the in-place cap rate is 5.69%, above the5.11% average across the six Glendale sale comparables. A second path to rent growth sits above the market pro-forma: Small Area Fair Market Rents in the 91206 zip code are $2,302 for one bedrooms and $2,867 for two bedrooms, so leasing to Section 8 tenants would outperform the market-rate assumption used here.Glendale is the third-largest city in Los Angeles County and the subject sits inside the Tri-Cities employment base, where rental demand is tied to payrolls across several industries rather than to one. Adventist Health Glendale is 0.8 miles away and Glendale Memorial Hospital 1.6 miles; the Disney Grand Central Creative Campus and DreamWorks Animation sit about a mile and a half southwest, and ServiceTitan and LegalZoom occupy the Brand Boulevard office core a mile away. The Americana at Brand is 0.6 miles from the property and the Glendale Galleria 0.8 miles, covering daily needs within a short walk or drive. SR-134 and SR-2 are both within a mile, I-5 is2.5 miles out, and Metrolink at the Glendale Transportation Center is 1.6 miles away. Glendale has no local rent cap, so annual increases are governed by state law under AB 1482.

310 N Cedar Street, Glendale

Listing courtesy of Listing Agent: Casey Picard (casey.picard@aggregateip.com) from Listing Office: Keller Williams Realty.

$3,450,000

8 Beds ⋅ 10 Baths ⋅ 26103401 MLS

1418-1424 W. Wilson Avenue is positioned just stepsfrom Smart & Final, providing residents withexceptional access to an everyday grocery andhousehold shopping destination.

1418 E Wilson Ave, Glendale

Courtesy of CBRE, Jenny Eng - CA DRE#01931224

$3,450,000

8 Beds ⋅ 10 Baths ⋅ 26103401 MLS

1418-1424 W. Wilson Avenue is positioned just stepsfrom Smart & Final, providing residents withexceptional access to an everyday grocery andhousehold shopping destination.

1418 E Wilson Avenue, Glendale

Listing courtesy of Listing Agent: Jenny Eng (jenny.eng@CBRE.com) from Listing Office: CBRE.

$6,250,000

22 Beds ⋅ 16 Baths ⋅ 26103345 MLS

361-365 W. Milford Avenue benefits from proximityto Downtown Glendale, placing residents near thecity's major retail, dining, entertainment, andbusiness amenities.

365 W Milford St, Glendale

Courtesy of CBRE, Jenny Eng - CA DRE#01931224

$3,950,000

8 Beds ⋅ 8 Baths ⋅ 26103340 MLS

15381540 E. Wilson Avenue adds another well-positioned Wilson Avenue asset to theportfolio, further reinforcing the strategic concentration of the offering.

1538 E Wilson Ave, Glendale

Courtesy of CBRE, Jenny Eng - CA DRE#01931224

$4,250,000

18 Beds ⋅ 18 Baths ⋅ 26103336 MLS

1554 E Wilson Avenue occupies a prominent trophy-corner position, providing adistinctive presence within the Wilson Avenue corridor.

1554 E Wilson Ave, Glendale

Courtesy of CBRE, Jenny Eng - CA DRE#01931224

$6,250,000

22 Beds ⋅ 16 Baths ⋅ 26103345 MLS

361-365 W. Milford Avenue benefits from proximityto Downtown Glendale, placing residents near thecity's major retail, dining, entertainment, andbusiness amenities.

365 W Milford Street, Glendale

Listing courtesy of Listing Agent: Jenny Eng (jenny.eng@CBRE.com) from Listing Office: CBRE.

$3,950,000

8 Beds ⋅ 8 Baths ⋅ 26103340 MLS

15381540 E. Wilson Avenue adds another well-positioned Wilson Avenue asset to theportfolio, further reinforcing the strategic concentration of the offering.

1538 E Wilson Avenue, Glendale

Listing courtesy of Listing Agent: Jenny Eng (jenny.eng@CBRE.com) from Listing Office: CBRE.

$4,250,000

18 Beds ⋅ 18 Baths ⋅ 26103336 MLS

1554 E Wilson Avenue occupies a prominent trophy-corner position, providing adistinctive presence within the Wilson Avenue corridor.

1554 E Wilson Avenue, Glendale

Listing courtesy of Listing Agent: Jenny Eng (jenny.eng@CBRE.com) from Listing Office: CBRE.

$1,500,000

5 Beds ⋅ 4 Baths ⋅ 26102643 MLS

Tucked into the heart of Glendale, 373 Myrtle Street presents a distinctive multifamily investment opportunity with the character of an original front home and the versatility of three additional residences tucked behind it. The property features four rental units across two buildings: a two-bedroom, one-bathroom front house and three one-bedroom, one-bathroom apartments in the rear building, identified as 373A, 373B, and 373C. Together, this unique configuration offers a diverse mix of living spaces and an established rental income stream, with owner-reported rents totaling $8,475 per month and $101,700 in annual gross rental income. Set on a 6,555-square-foot lot, this Glendale income property offers investors the opportunity to hold a multi-unit residential asset in an established Southern California community. Conveniently located near local shopping, dining, entertainment, and everyday amenities, with access to surrounding neighborhoods and the greater Los Angeles area, 373 Myrtle Street combines a traditional residential setting with the appeal of a four-unit rental property. A compelling opportunity for investors seeking multifamily real estate in Glendale.

373 Myrtle St, Glendale

Courtesy of Compass, Ali Nahle - CA DRE#01988178

$1,500,000

5 Beds ⋅ 4 Baths ⋅ 26102643 MLS

Tucked into the heart of Glendale, 373 Myrtle Street presents a distinctive multifamily investment opportunity with the character of an original front home and the versatility of three additional residences tucked behind it. The property features four rental units across two buildings: a two-bedroom, one-bathroom front house and three one-bedroom, one-bathroom apartments in the rear building, identified as 373A, 373B, and 373C. Together, this unique configuration offers a diverse mix of living spaces and an established rental income stream, with owner-reported rents totaling $8,475 per month and $101,700 in annual gross rental income. Set on a 6,555-square-foot lot, this Glendale income property offers investors the opportunity to hold a multi-unit residential asset in an established Southern California community. Conveniently located near local shopping, dining, entertainment, and everyday amenities, with access to surrounding neighborhoods and the greater Los Angeles area, 373 Myrtle Street combines a traditional residential setting with the appeal of a four-unit rental property. A compelling opportunity for investors seeking multifamily real estate in Glendale.

373 Myrtle Street, Glendale

Listing courtesy of Listing Agent: Ali Nahle (alex.nahle@compass.com) from Listing Office: Compass.

$1,050,000

BB26222541 MLS

Two homes, an expansive lot, and access from both the street and rear alley create a compelling opportunity in Glendale. Whether you’re building an investment portfolio, bringing multiple generations together, or seeking room to live, work, and create, this duplex offers flexibility now and possibilities for the future. The front home features two bedrooms and one bathroom, refreshed with new carpet in both bedrooms, new kitchen flooring, and fresh paint for a bright, inviting feel. Picture settling into your own home while the second residence serves another part of your life, from rental income to a place for loved ones nearby. The rear home offers one bedroom and one bathroom, with previous updates providing a comfortable setting for tenants, extended family, or a separate work-from-home retreat. Outside, the generous lot gives the property a sense of possibility that extends beyond its two residences. Imagine outdoor dinners, a flourishing garden, or a favorite spot to relax at the end of the day. A fruiting avocado tree adds a distinctly California touch, with the simple pleasure of gathering something fresh from your own yard. There’s space to enjoy today while considering how the property could evolve with your needs. Access from the front and rear alley adds convenience and flexibility to the layout, a valuable feature for those with a larger vision. Explore the potential for additional living space, a dedicated creative studio, or future development, subject to applicable requirements and approvals. A three-car garage offers substantial room for vehicles, storage, tools, and everyday projects, adding another practical advantage for owners and investors alike. For an investor, the two homes provide opportunities to explore rental income and a longer-term strategy. For an owner occupant, the appeal is equally versatile: live in one residence and rent the other, bring loved ones together while maintaining separate spaces, or create a comfortable division between home life and work. This is a property that invites you to think about what comes next and how you want to make it your own. A convenient Glendale location close to shopping, dining, and everyday essentials keeps daily routines within reach. From multigenerational living to investment potential, 1046 Sonora brings together two homes, generous grounds, a three-car garage, and dual access in one property with room for your vision to take shape.

1046 Sonora Avenue, Glendale

Listing courtesy of Listing Agent: Bryan Ochse (Bryan@mediawestrealty.com) from Listing Office: Media West Realty,Inc..

$1,995,000

4 Beds ⋅ 4 Baths ⋅ 26999865 MLS

Exceptional opportunity to acquire a turnkey 4-unit multifamily property in desirable Glendale, CA, featuring two newly constructed 2026 ADUs and two extensively renovated front residences. All four units offer spacious 1-bedroom floor plans with modern finishes and thoughtful upgrades throughout. Improvements include new laminate flooring, recessed lighting, quartz countertops, beautifully tiled showers, new LG WashTower washer/dryer units, modern kitchen appliances, and expansive private decks and outdoor living spaces. The newly constructed rear ADUs feature impressive 9+ foot ceilings, while additional property improvements include new stucco, roofing, and numerous upgraded building components. The two front units are currently leased, providing immediate rental income, while the two brand-new rear ADUs are vacant and ready for occupancy, offering flexibility for both investors and owner-users. An ideal opportunity to live in one unit while collecting rental income from the remaining three, or lease all four residences to maximize income potential. With major capital improvements already completed, this low-maintenance investment offers an attractive combination of modern living, immediate income, rental upside, and long-term appreciation potential in the highly sought-after Glendale rental market. A rare turnkey offering with flexible occupancy options and exceptional investment appeal!

559 Oak St, Glendale

Courtesy of 7 Capital, Inc., Sevak Amranyan - CA DRE#01974451

$1,995,000

4 Beds ⋅ 4 Baths ⋅ 26999865 MLS

Exceptional opportunity to acquire a turnkey 4-unit multifamily property in desirable Glendale, CA, featuring two newly constructed 2026 ADUs and two extensively renovated front residences. All four units offer spacious 1-bedroom floor plans with modern finishes and thoughtful upgrades throughout. Improvements include new laminate flooring, recessed lighting, quartz countertops, beautifully tiled showers, new LG WashTower washer/dryer units, modern kitchen appliances, and expansive private decks and outdoor living spaces. The newly constructed rear ADUs feature impressive 9+ foot ceilings, while additional property improvements include new stucco, roofing, and numerous upgraded building components. The two front units are currently leased, providing immediate rental income, while the two brand-new rear ADUs are vacant and ready for occupancy, offering flexibility for both investors and owner-users. An ideal opportunity to live in one unit while collecting rental income from the remaining three, or lease all four residences to maximize income potential. With major capital improvements already completed, this low-maintenance investment offers an attractive combination of modern living, immediate income, rental upside, and long-term appreciation potential in the highly sought-after Glendale rental market. A rare turnkey offering with flexible occupancy options and exceptional investment appeal!

559 Oak Street, Glendale

Listing courtesy of Listing Agent: Sevak Amranyan (sev@7capitalre.com) from Listing Office: 7 Capital, Inc..

$4,700,000

GD26220179 MLS

Presenting an exceptional multifamily investment opportunity at 608 Glenwood Road in the desirable Northwest Glendale neighborhood. This 10-unit residential income property features a contemporary architectural design with a distinctive exterior, contrasting finishes, and a well-maintained appearance. The multi-level building offers private balconies, gated access, and attractive landscaping that enhances its curb appeal. Situated in an established residential neighborhood, the property offers convenient access to Downtown Glendale, the Americana at Brand, Glendale Galleria, shopping, dining, entertainment, and major transportation routes. Its desirable location and proximity to local amenities contribute to its appeal as a residential investment property. Whether expanding an existing portfolio or seeking a multifamily investment in the Glendale market, this property presents an opportunity for long-term ownership and rental income potential. Buyer to independently verify unit count, square footage, rental income, tenancy, permits, zoning, and all other property information.

608 Glenwood Road, Glendale

Listing courtesy of Listing Agent: Raffi Soualian (raffi@jhhre.com) from Listing Office: JohnHart Real Estate.

$1,800,000

PW26219078 MLS

Owner-user opportunity on one of Glendale's most walkable boulevards. This 1942 traditional two-story triplex, extensively remodeled in 2016, offers a spacious 3-bedroom upstairs unit and two 1-bed/1-bath units downstairs, totaling approx. 2,685 SF on a 6,007 SF GLR4YY-zoned lot. One downstairs unit will be delivered at close of escrow, ready for a buyer to move in, renovate, or lease at market, while the other two units provide in-place income of $6,345/month to help offset ownership costs. A detached 4-car garage and a wide paved parking court offer rare off-street parking, with potential for garage conversion or ADU addition. Steps to the Alex Theatre, cafes, and neighborhood shops along the Glenoaks corridor. Buyer to independently verify square footage, zoning, and all development potential with the City of Glendale.

824 W Glenoaks, Glendale

Listing courtesy of Listing Agent: Justin White (thesbgbp@gmail.com) from Listing Office: Justin White.

$1,795,000

GD26217534 MLS

Rare live-in plus investment opportunity in Glendale’s highly desirable Verdugo Woodlands neighborhood. 1817 Verdugo Loma is a well-maintained five-unit multifamily property offering an exceptional combination of scale, location, and upside. The property features approximately 3,645 square feet of building area on an oversized 10,508 square foot lot and is ideally situated near shopping, dining, transportation, schools, parks, and neighborhood amenities. The unique unit configuration includes a detached 2-bedroom, 2-bathroom home of approximately 1,400 square feet, complemented by four 1-bedroom, 1-bathroom units, each offering nearly 600 square feet of living space. An owner-user can occupy the detached home while rental income from the four additional units helps offset the cost of ownership. Five dedicated parking spaces further enhance tenant appeal. The expansive lot may provide potential for additional units, ADUs, and/or future development. With strong rental fundamentals, an attractive unit mix, substantial lot size, and multiple avenues for future appreciation and income growth, this is a rare opportunity to own a multifamily asset in one of Glendale’s most sought-after neighborhoods.

1817 Verdugo Loma, Glendale

Listing courtesy of Listing Agent: Jerry Armen (jerry@teamrockproperties.com) from Listing Office: Team Rock Properties.

$2,790,000

GD26218466 MLS

Rare Central Glendale 5-Unit Investment & Owner-User Opportunity! Ideally positioned in the heart of Central Glendale, this well-maintained tri-level multifamily property is located just steps from the iconic Glendale Galleria and The Americana at Brand, placing residents within easy reach of premier shopping, fine dining, entertainment, and the many conveniences that make this one of Glendale's most desirable locations. A quaint neighborhood park directly next door adds a pleasant residential touch to this exceptionally convenient setting. Built in 1989 on a 6,284-square-foot lot, the approximately 5,522-square-foot building consists of five multifamily units with flexible floor plans, private amenities, and numerous upgrades. Units 1–3 are approximately 1,300 square feet and feature two spacious bedrooms, one full bath, and one three-quarter bath. Unit #3 includes a dividing wall currently utilized as a third bedroom, providing additional flexibility. Unit #4 features two generous-sized bedrooms and two full bathrooms. Unit #5 is a desirable two-story, townhouse-style residence of approximately 1,500 square feet, featuring three nicely sized bedrooms, with one bedroom downstairs and two upstairs, a walk-in closet, one full bath, and one three-quarter bath. Currently vacant, Unit #5 presents an excellent opportunity for an owner-user to occupy the property while benefiting from the income generated by the remaining units. Each unit features its own in-unit washer and dryer, laminate flooring throughout, central HVAC, dishwasher, range, and built-in microwave. Additional amenities include private balconies, underground parking and individual storage cabinets. The property offers 8 parking spaces, a valuable feature in this highly walkable and sought-after Glendale location. Building amenities include fire sprinklers, controlled access, surveillance cameras, and separately metered gas and electricity. A dedicated storage/utility room includes a kitchenette and bathroom and may offer potential for conversion to an additional unit, subject to buyer verification, applicable permits, and City requirements. The units have been upgraded over the years, including recent bathroom remodels. With its premier Central Glendale location, immediate proximity to The Americana at Brand and Glendale Galleria, adjacent neighborhood park, flexible unit configurations, and vacant owner-user opportunity, it offers a rare opportunity to own an amazing income property.

417 W Harvard, Glendale

Listing courtesy of Listing Agent: Janette Ledea (jledea@remax.net) from Listing Office: Re/Max Tri-City Realty.

$1,315,000

P1-29078 MLS

Very Charming and Well-Kept Tudor/English Cottage-Style DuplexRare opportunity to own a very charming and well-kept Tudor/English Cottage-style duplex in a desirable Glendale location, just one block from Glendale Community College. This attractive two-story property features classic architectural charm, including steep gabled rooflines, decorative half-timber detailing, dormer windows, and a stucco exterior.Each spacious unit offers 2 large bedrooms, 1 full bathroom, and 1 half bathroom, with hardwood floors, central air and heat, interior wrought-iron handrails, private laundry, dishwasher, washer/dryer, large bedrooms, and excellent storage. Each unit also has its own private 2-car garage, with stairs leading directly from the garage into the unit, plus approximately 200 sq. ft. of additional storage space inside each garage.A major bonus is the ample parking, with approximately 3 additional parking spaces per unit, in addition to the private garages.Total building square footage is approximately 2,606 sq. ft. The property is to be delivered with two excellent, responsible tenants in place, making it a strong investment opportunity with long-term rental appeal.Conveniently located near Glendale Community College, shopping, restaurants, transportation, and easy freeway access, this duplex offers large, well-kept units, classic charm, private garages, abundant parking, and an excellent Glendale location. Do NOT disturb TENANTS. Additional photos and virtual tour for prequalified interested buyers available. Buyers to investigate and satisfy themselves as to zoning, square footage, and any rent control.

1617 N Verdugo Road, Glendale

Listing courtesy of Listing Agent: Carol A Kurachi (carolkurachi@bhhscal.com) from Listing Office: BHHS California Properties.

$1,800,000

9 Beds ⋅ 9 Baths ⋅ 26993861 MLS

Located in Glendale's Citrus Grove area, 122 N Cedar St is a 5 unit multifamily property featuring one 1 bedroom, 1 bathroom unit and four 2 bedroom, 2 bathroom units, with the largest unit featuring laminate flooring. The property offers approximately 6,136 square feet of building space on an approximately 7,500 square foot lot, along with 6 car garage parking. Recent property updates include a 2025 roof, updated electrical with sub panels completed in 2025, and copper plumbing estimated at 5 years ago. The property consists of one main water meter, six gas meters, and six electrical meters, with all units equipped with central HVAC systems. Conveniently located near local schools, shopping, dining, parks, and other amenities throughout Glendale, the property offers a practical location for multifamily ownership with a diverse unit mix.

122 N Cedar St, Glendale

Courtesy of Keller Williams Los Angeles, Maria Sarmiento - CA DRE#01837686

$1,200,000

BB26211353 MLS

5 Unit Multifamily opportunity in PRIME Glendale location. Each unit offers 1 bedroom and 1 bathroom with established month to month tenants in place. The existing structure presents a strong redevelopment opportunity for investors seeking long-term upside in one of the most desirable rental markets in Los Angeles County. Situated in the highly sought after neighborhood known for its vibrant downtown, premiere shopping at the Americana at Brand and Glendale galleria, excellent dining, and convenient freeway access. Rare chance to acquire a value-add or potential rebuilt sight in a city with strong rental demand and continued growth. Outstanding future potential in an exceptional location.

121 S Jackson, Glendale

Listing courtesy of Listing Agent: Karol Kochova (Karol@kochproperties.com) from Listing Office: Koch Properties, Inc..

$1,800,000

9 Beds ⋅ 9 Baths ⋅ 26993861 MLS

Located in Glendale's Citrus Grove area, 122 N Cedar St is a 5 unit multifamily property featuring one 1 bedroom, 1 bathroom unit and four 2 bedroom, 2 bathroom units, with the largest unit featuring laminate flooring. The property offers approximately 6,136 square feet of building space on an approximately 7,500 square foot lot, along with 6 car garage parking. Recent property updates include a 2025 roof, updated electrical with sub panels completed in 2025, and copper plumbing estimated at 5 years ago. The property consists of one main water meter, six gas meters, and six electrical meters, with all units equipped with central HVAC systems. Conveniently located near local schools, shopping, dining, parks, and other amenities throughout Glendale, the property offers a practical location for multifamily ownership with a diverse unit mix.

122 N Cedar Street, Glendale

Listing courtesy of Listing Agent: Maria Sarmiento (maria@multifamilyrealtor.com) from Listing Office: Keller Williams Los Angeles.

$1,100,000

BB26211322 MLS

Excellent Glendale investment opportunity! Three-unit property offering strong value-add potential with below market rents and upside for the savvy investor. Convenient Glendale location with long-term income and appreciation potential. DRIVE BY ONLY - DO NOT DISTURB TENANTS.

341 W Cypress, Glendale

Listing courtesy of Listing Agent: Karol Kochova (Karol@kochproperties.com) from Listing Office: Koch Properties, Inc..

$4,450,000

SR26210960 MLS

We are pleased to introduce for acquisition for the first time in 40 years, the Broadway Studios, 18 units located in Glendale with a WalkScore of 84. The property offers investors meaningful scale at an attractive basis in one of the most supply-constrained multifamily markets in Los Angeles County. The offering combines strong current yield with long-term positioning in a highly walkable Glendale location, approximately 1.5 miles from The Americana at Brand, and walking distanceto In-N-Out Burger, Glendale Adventist Hospital & Glendale High School. A compelling opportunity to acquire scale in one of Glendale’s most established rental markets, at quite possibly the lowest entry price per unit offering. • $4,450,000 Asking Price • $247,222 Per Unit • 5.66% Cap Rate • 11,316 SF Building • Spacious Floorplans • Walk Score: 84

1600 E Broadway, Glendale

Listing courtesy of Listing Agent: Levon Alexanian (info@alexanianadvisors.com) from Listing Office: Keller Williams World Media Center.

$1,850,000

P1-28963 MLS

Fantastic 6 bedroom and 6 bath TRIPLEX multifamily investment property with great views and cul-de-sac street location in much sought after neighborhood of the Verdugo Woodlands of Northeast Glendale. Situated just North of Glendale community College and just a few miles from Montrose Village Square. 2 of the units are approx. 1200 sf and the owners unit is approx. 1500 sf. 1 unit has some upgrades and the remaining 2 need updating. Each unit has separate metering and each unit has their own 2 car garage. All units share a laundry room. Beautiful balconies and patios with views. Beautiful neighborhood. Enjoy peaceful walks.

1913 Verdugo Loma Drive, Glendale

Listing courtesy of Listing Agent: E. Dorini (edwarddorini@gmail.com) from Listing Office: COMPASS.

$3,650,000

BB26207350 MLS

The Wilson West Apartment presents a rare opportunity to acquire a well-maintained multifamily asset in the heart of Downtown Glendale, just steps from The Americana at Brand, Glendale Galleria, and premier dining and retail amenities. Offered at a 12.98 GRM and 5.89% cap rate, this asset combines prime location, strong income, and low-maintenance ownership in a premier Glendale location. The property features a highly desirable unit mix of three spacious 2-bedroom/2-bath units and six large 1-bedroom/1-bath units, with each unit averaging approximately 900 square feet, offering tenants generous layouts rarely found in comparable properties. Most units have been recently upgraded, providing strong in-place income with additional long-term upside potential. The building has been thoughtfully maintained and improved, including a newer roof, all copper plumbing, and a new main sewer line, minimizing deferred maintenance and future capital expenditures. With a current gross monthly income of $23,430, the property offers investors stable cash flow, operational efficiency, and long-term appreciation potential in one of Los Angeles County’s strongest rental submarkets.

350 W Wilson, Glendale

Listing courtesy of Listing Agent: David Nalbandyan (info@lapremierrealty.com) from Listing Office: LA Premier Realty.

$1,550,000

GD26205062 MLS

Opportunity for owner-user. Seller is willing to assist with tenants relocation to deliver vacant at close of escrow.This well-maintained four-unit property presents an exceptional investment opportunity with stable rental income and significant upside potential. Ideally located in the highly desirable South Glendale neighborhood, just minutes from the Glendale Galleria and The Americana, this income-producing property offers immediate cash flow with the possibility for future rental growth and potential ADU development (buyer to verify).The property currently generates approximately$9,180per month in rental income and offers flexibility for both investors and owner-users. The front residence is a charming 2-bedroom, 1-bathroom home featuring approximately 994 square feet of living space. Amenities include central heating and air conditioning, in-unit laundry, a covered front porch and a detached garage. Situated behind the main house are three additional rental units, thoughtfully designed with detached walls to enhance privacy and minimize noise. Residents enjoy access to private and shared outdoor spaces, including small backyard areas.Unit A: A 302-square-foot studio with easy street parking available. Unit B: A 624-square-foot two-bedroom, one-bath unit with ample space for outdoor seating and two tandem parking spots on the driveway. Unit C: A 458-square-foot one-bedroom, one-bath unit, with a private patio for outdoor seating and easy street parking available. The new water heater. The back units share access to coin-operated communal washing machine and dryer. IMPROVEMENTS: Main House: New washing machine (2017) and new dishwasher (2017). Unit A: New water heater, new refrigerator, new stove/oven, and new wall air conditioning unit. Unit B: New water heater (2024) and upgraded kitchen countertop/cabinets (2017). Unit C: New water heater, new central air conditioning, new stove/oven, and new bathroom vanity. Common Area: New water heater for laundry area, new metal gate, three nest cameras for added surveillance and plants. With its unbeatable location, privacy-focused layout, outdoor spaces, ample parking options, and potential for rent increases, this property is perfect for investors looking to capitalize on the growing demand in the Glendale area.

638 Salem Street, Glendale

Listing courtesy of Listing Agent: Christina Karapetyan (CEK434@YAHOO.COM) from Listing Office: Lion Group Investments Inc.

$1,450,000

3 Beds ⋅ 3 Baths ⋅ 26990001 MLS

A welcoming front porch, green lawn, and classic bungalow character set the tone for this charming three-unit Glendale property. Featuring three one-bedroom, one-bathroom residences, it offers an appealing opportunity to enjoy a place of your own while benefiting from rental income - or add a versatile property to your investment portfolio. One newly remodeled residence will be delivered vacant, showcasing bright interiors, herringbone-pattern flooring, warm wood cabinetry, and elegant brass-toned accents. The inviting kitchen and beautifully updated bathroom create a cohesive, thoughtfully finished space ready for its next chapter. Out back, a large, flat yard opens up exciting possibilities. Picture a garden, outdoor dining area, or comfortable gathering space or explore the potential for future ADU development, subject to buyer verification and city approvals. The approx. 6,746 sq.ft. lot, long driveway, and detached garage add to the property's practical appeal. Convenient access to the 2 and 134 freeways connects you to Pasadena, Burbank, Downtown Los Angeles, and Los Feliz. Nearby Adventist Health Glendale and Glendale's shopping, dining, and entertainment, including The Americana at Brand and Glendale Galleria, round out the location's appeal. With a beautifully refreshed vacant unit, existing rental income, and generous outdoor space, this property brings together the comforts of home and the possibilities of a long-term investment. Buyer to rely on their own due diligence and investigation. Do not disturb Tenants

1804 E Glenoaks Blvd, Glendale

Courtesy of Andrew C. Lee, Andrew C Lee - CA DRE#01046440

$1,450,000

3 Beds ⋅ 3 Baths ⋅ 26990001 MLS

A welcoming front porch, green lawn, and classic bungalow character set the tone for this charming three-unit Glendale property. Featuring three one-bedroom, one-bathroom residences, it offers an appealing opportunity to enjoy a place of your own while benefiting from rental income - or add a versatile property to your investment portfolio. One newly remodeled residence will be delivered vacant, showcasing bright interiors, herringbone-pattern flooring, warm wood cabinetry, and elegant brass-toned accents. The inviting kitchen and beautifully updated bathroom create a cohesive, thoughtfully finished space ready for its next chapter. Out back, a large, flat yard opens up exciting possibilities. Picture a garden, outdoor dining area, or comfortable gathering space or explore the potential for future ADU development, subject to buyer verification and city approvals. The approx. 6,746 sq.ft. lot, long driveway, and detached garage add to the property's practical appeal. Convenient access to the 2 and 134 freeways connects you to Pasadena, Burbank, Downtown Los Angeles, and Los Feliz. Nearby Adventist Health Glendale and Glendale's shopping, dining, and entertainment, including The Americana at Brand and Glendale Galleria, round out the location's appeal. With a beautifully refreshed vacant unit, existing rental income, and generous outdoor space, this property brings together the comforts of home and the possibilities of a long-term investment. Buyer to rely on their own due diligence and investigation. Do not disturb Tenants

1804 E Glenoaks Boulevard, Glendale

Listing courtesy of Listing Agent: Andrew C Lee (aclee.aig@sbcglobal.net) from Listing Office: Andrew C. Lee.

$2,925,000

P1-28892 MLS

Exceptional 10-Unit Multifamily Investment Opportunity in Glendale! Located at 935 N. Louise Street, this well-positioned apartment building features a highly desirable unit mix of ten 2-bedroom/1-bath residences, offering an excellent combination of existing income and significant value-add potential.The property has benefited from substantial capital improvements, including new electrical panels and rewiring, copper plumbing and new main water lines, and new asphalt, helping reduce major infrastructure concerns for the next owner. Additional amenities include 10 carport parking spaces with overhead storage and on-site laundry.A major highlight is that 3 of the 10 units are currently vacant, providing a new owner with the opportunity to renovate and reposition these units immediately. Current estimated market rents for renovated 2-bedroom units are approximately $2,400-$2,500 per month, presenting meaningful upside potential. The remaining seven units provide an existing income base, with current rents ranging from approximately $1,565 to $2,175 per month.Centrally located in Glendale, CA, with convenient access to shopping, dining, employment centers, transportation and the surrounding Los Angeles communities. This is a compelling opportunity for an investor seeking a well-located multifamily asset with immediate renovation potential, existing cash flow and long-term rental upside.Three vacant units + major building system upgrades + 10 parking spaces + an all 2BR unit mix make this a property worth a closer look.

935 N Louise Street, Glendale

Listing courtesy of Listing Agent: Jose Chaparro (cheppe@jpmchomes.com) from Listing Office: Jenkins Properties.

$999,999

BB26187304 MLS

Situated on a spacious 6,088 square foot lot, this property offers 1,671 square feet of living space and an exceptional opportunity for investors, owner-users, or developers. The property features a 2-bedroom, 2-bathroom owner’s unit along with a separate rear house offering 2 bedrooms and 1 bathroom, providing flexibility for multi-generational living, rental income, or investment purposes. The generous lot provides room to build and offers exciting potential for future expansion or development, subject to applicable zoning and city approvals. The property also includes 2 uncovered parking spaces. Located in a great location with convenient access to nearby amenities, shopping, dining, transportation, and everyday conveniences, this property combines immediate usability with long-term potential. A rare opportunity to own a versatile property with multiple living spaces, a substantial lot, parking, and room to grow.

319 W Windsor Road, Glendale

Listing courtesy of Listing Agent: Bradley Korb (brad@bradkorb.com) from Listing Office: Brad Korb Real Estate Group.

$1,400,000

SR26199579 MLS

EXCEPTIONAL GLENDALE TRIPLEX OPPORTUNITY! This well-positioned property offers a desirable three-unit configuration, featuring a spacious front residence with 3 bedrooms and 2 bathrooms, complemented by two additional units, each offering 2 bedrooms and 1 bathroom. The main residence features copper plumbing. This triplex presents an excellent opportunity for an investor or owner-user seeking versatility and long-term potential. With its attractive multi-unit layout and sought-after Glendale location, this property offers the opportunity to enhance and personalize while enjoying the benefits of a multi-unit property. Conveniently located near shopping, dining, transportation, and a variety of Glendale amenities. Buyers are encouraged to conduct their own due diligence regarding property condition, rental information, permits, zoning, and all aspects of the property.

408 Raymond, Glendale

Listing courtesy of Listing Agent: Maria Machado (mmacmorena@aol.com) from Listing Office: Hope Realty Services Inc..

$1,299,000

26986213 MLS

Rare opportunity to obtain a very flexible space in the heart of bustling Glendale. This beautiful church property is a located on a quiet street in Glendale, just a half a block from shopping on Central Ave. Zoned for multifamily, the potential uses include a school, daycare, group living, multifamily units, a large single family home, a redevelopment play, or continue as a church. The options are up to you! The church includes the main sanctuary, a lobby with 2 bathrooms, a kitchen, a large dining/classroom area, and offices with an additional bathroom in the rear. There is also a detached finished storage building that could be repurposed for any number of uses. This approximately 3000' main building sits on a large nearly 7300' lot. plus an approximately 500' detached storage building that could be perfect for a conversion to ADU, garage, or whatever you have in mind. Located on a quiet street within a block of shopping.

317 W Palmer Ave, Glendale

Courtesy of Real Broker, Mark Duncan - CA DRE#01999098

$1,299,000

26986213 MLS

Rare opportunity to obtain a very flexible space in the heart of bustling Glendale. This beautiful church property is a located on a quiet street in Glendale, just a half a block from shopping on Central Ave. Zoned for multifamily, the potential uses include a school, daycare, group living, multifamily units, a large single family home, a redevelopment play, or continue as a church. The options are up to you! The church includes the main sanctuary, a lobby with 2 bathrooms, a kitchen, a large dining/classroom area, and offices with an additional bathroom in the rear. There is also a detached finished storage building that could be repurposed for any number of uses. This approximately 3000' main building sits on a large nearly 7300' lot. plus an approximately 500' detached storage building that could be perfect for a conversion to ADU, garage, or whatever you have in mind. Located on a quiet street within a block of shopping.

317 W Palmer Avenue, Glendale

Listing courtesy of Listing Agent: Mark Duncan (ThinkMarkDuncan@gmail.com) from Listing Office: Real Broker.

$1,397,000

GD26199373 MLS

Amazing opportunity. Prime NW Glendale Triplex, with large parking area that accommodate up to 8 parking between two building that another ADU can be added. The front house features a spacious master bedroom, an additional den used as a third bedroom, a private laundry room, brand-new thankless water heater, stylish laminate flooring, and new wall-mounted AC units. The second unit also remodeled offers 2 bedrooms and 1 bath newer kitchen and two parking spaces. One Bedroom now vacant. One Bedroom is Non conforming was rented (now vacant) for $2,500.00/month. According with architect will take about 4 months to bring non conforming unit to a two bedroom unit legally as ADU. There is also laundry room with washer and dryer that produces income.

1160 Linden Avenue, Glendale

Listing courtesy of Listing Agent: Arthur Mangassarian (arthurmang@aol.com) from Listing Office: Re/Max Tri-City Realty.

$6,100,000

GD26195972 MLS

Excellent opportunity to purchase a lovely 16 unit property in prime Glendale, built in 1985. Great unit mix of 4 one bedrooms and 12 two bedrooms. Most units with upgrades including luxury vinyl plank flooring, granite or quartz countertops, and 14 units with fireplaces. All units with central HVAC. Two laundry rooms, ample gated parking. Incredible location walking distance to Brand Blvd. shopping and dining. First time on the market since 1995.

433 N Louise, Glendale

Listing courtesy of Listing Agent: Jennifer Bertolet (jenniferb@dnsrents.com) from Listing Office: David N. Schultz.

$1,650,000

7 Beds ⋅ 5 Baths ⋅ 26977063 MLS

We are pleased to present 1316 Barrington Way, a five-unit multifamily investment opportunity located in the desirable 91206 submarket of Glendale. Built in1959, the property consists of three one-bedroom/one bathroom units and two two bedroom/one-bathroom units situated on a 4,664-square-foot lot, with approximately3,740 square feet of building area. The property offers investors an attractive opportunity to acquire a well-located apartment asset with immediate value-add potential. Two of the five units are currently vacant, providing new ownership with the flexibility to renovate, reposition, and lease the units at current market rents. The vacancies also create the opportunity for an owner-user or investor seeking to implement improvements without disrupting the entire tenant base. Residents benefit from a strong parking ratio, with eight total parking spaces arranged within four tandem carport parking areas. The property also features on-site laundry facilities and is separately metered for gas and electricity. The combination of one- and two-bedroom floor plans allows the property to appeal to a broad range of renters seeking housing within Glendale. An additional component of the investment opportunity is the potential to explore the development of an accessory dwelling unit within the existing front carport area. Subject to applicable zoning requirements and City of Glendale approvals, this area may provide future ownership with the ability to increase the property's rentable square footage and create an additional income-producing unit (Buyer to Verify).Positioned within the established 91206 neighborhood of Glendale, 1316 Barrington Way offers convenient access to a wide range of shopping, dining, employment, and entertainment destinations. The property is located near Downtown Glendale, The Americana at Brand, Glendale Galleria, and several of the city's primary commercial corridors, while also benefiting from convenient access to major freeways and surrounding employment centers. With two vacant units, ample on-site parking, potential ADU upside, and a desirable Glendale location, 1316 Barrington Way presents investors with a compelling opportunity to acquire a multifamily asset with both immediate and long-term value creation potential.

1316 Barrington Way, Glendale

Courtesy of Lyon Stahl Investment Real Estate, Inc., Derrick Vartanian - CA DRE#01816119

$1,650,000

7 Beds ⋅ 5 Baths ⋅ 26977063 MLS

We are pleased to present 1316 Barrington Way, a five-unit multifamily investment opportunity located in the desirable 91206 submarket of Glendale. Built in1959, the property consists of three one-bedroom/one bathroom units and two two bedroom/one-bathroom units situated on a 4,664-square-foot lot, with approximately3,740 square feet of building area. The property offers investors an attractive opportunity to acquire a well-located apartment asset with immediate value-add potential. Two of the five units are currently vacant, providing new ownership with the flexibility to renovate, reposition, and lease the units at current market rents. The vacancies also create the opportunity for an owner-user or investor seeking to implement improvements without disrupting the entire tenant base. Residents benefit from a strong parking ratio, with eight total parking spaces arranged within four tandem carport parking areas. The property also features on-site laundry facilities and is separately metered for gas and electricity. The combination of one- and two-bedroom floor plans allows the property to appeal to a broad range of renters seeking housing within Glendale. An additional component of the investment opportunity is the potential to explore the development of an accessory dwelling unit within the existing front carport area. Subject to applicable zoning requirements and City of Glendale approvals, this area may provide future ownership with the ability to increase the property's rentable square footage and create an additional income-producing unit (Buyer to Verify).Positioned within the established 91206 neighborhood of Glendale, 1316 Barrington Way offers convenient access to a wide range of shopping, dining, employment, and entertainment destinations. The property is located near Downtown Glendale, The Americana at Brand, Glendale Galleria, and several of the city's primary commercial corridors, while also benefiting from convenient access to major freeways and surrounding employment centers. With two vacant units, ample on-site parking, potential ADU upside, and a desirable Glendale location, 1316 Barrington Way presents investors with a compelling opportunity to acquire a multifamily asset with both immediate and long-term value creation potential.

1316 Barrington Way, Glendale

Listing courtesy of Listing Agent: Derrick Vartanian (derrick@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

$1,500,000

4 Beds ⋅ 2 Baths ⋅ 26876995 MLS

Turnkey Glendale Duplex + ADU Potential! An exceptional opportunity for investors, owner-users, or buyers looking to grow their real estate portfolio. Located at 1615 S Adams St, this fully remodeled duplex features two updated 2 bedroom, 2 bath units, each offering approximately 1,007 sq ft across two levels. Extensively renovated from the ground up with a brand new roof, electrical, plumbing, HVAC, windows, flooring, kitchens, bathrooms, and more minimizing the major improvements typically associated with multifamily properties. Each unit offers a modern kitchen with stainless steel appliances, in-unit washer and dryer, spacious bedrooms, and bright, contemporary interiors. A detached garage provides exciting potential for an ADU conversion and additional rental income, subject to city approval. Minutes from The Americana at Brand, Downtown Glendale, dining, shopping, schools, and major conveniences. Turnkey today with upside for tomorrow!

1615 S Adams St, Glendale

Courtesy of JohnHart Corp., Araksi Dzheyranyan - CA DRE#02159991

$949,000

4 Beds ⋅ 3 Baths ⋅ SR26188603 MLS

LIVE IN ONE. RENT THE OTHERS. BUILD YOUR FUTURE! This Glendale triplex offers an exciting opportunity to enjoy the benefits of homeownership while generating rental income from the same property. Featuring one 2-bedroom, 1-bathroom residence and two 1-bedroom, 1-bathroom residences, one unit is currently vacant and ready for potential owner occupancy. Recent improvements include a new roof and new gate, adding value and peace of mind. Each unit provides its own living space and separate utility meters, while a detached garage and outdoor common area add convenience. Ideally located near shopping, dining, transportation, and major freeways, this property is a smart opportunity for an owner-user or investor. Live in one. Rent the others. Let your property work for you!

833 Pepper Way, Glendale

Listing courtesy of Listing Agent: Steve Julian (steve@stevejulian.com) from Listing Office: Luxury Collective.

$1,500,000

4 Beds ⋅ 2 Baths ⋅ 26876995 MLS

Turnkey Glendale Duplex + ADU Potential! An exceptional opportunity for investors, owner-users, or buyers looking to grow their real estate portfolio. Located at 1615 S Adams St, this fully remodeled duplex features two updated 2 bedroom, 2 bath units, each offering approximately 1,007 sq ft across two levels. Extensively renovated from the ground up with a brand new roof, electrical, plumbing, HVAC, windows, flooring, kitchens, bathrooms, and more minimizing the major improvements typically associated with multifamily properties. Each unit offers a modern kitchen with stainless steel appliances, in-unit washer and dryer, spacious bedrooms, and bright, contemporary interiors. A detached garage provides exciting potential for an ADU conversion and additional rental income, subject to city approval. Minutes from The Americana at Brand, Downtown Glendale, dining, shopping, schools, and major conveniences. Turnkey today with upside for tomorrow!

1615 S Adams Street, Glendale

Listing courtesy of Listing Agent: Araksi Dzheyranyan (roxysellsla@gmail.com) from Listing Office: JohnHart Corp..

$949,000

SR26186135 MLS

LIVE IN ONE. RENT THE OTHERS. BUILD YOUR FUTURE! This Glendale triplex offers an exciting opportunity to enjoy the benefits of homeownership while generating rental income from the same property. Featuring one 2-bedroom, 1-bathroom residence and two 1-bedroom, 1-bathroom residences, one unit is currently vacant and ready for potential owner occupancy. Recent improvements include a new roof and new gate, adding value and peace of mind. Each unit provides its own living space and separate utility meters, while a detached garage and outdoor common area add convenience. Ideally located near shopping, dining, transportation, and major freeways, this property is a smart opportunity for an owner-user or investor. Live in one. Rent the others. Let your property work for you!

833 Pepper, Glendale

Listing courtesy of Listing Agent: Steve Julian (steve@stevejulian.com) from Listing Office: Luxury Collective.

$3,950,000

AR26185366 MLS

This prime location Apartment Building is centrally located in Glendale, only minutes walking distance away from Glendale Galleria Mall, Americana Shopping Center and downtown Glendale. This property offers 3 buildings sitting on a large lot with a total of 14 units (13 units + 1 non conforming). However, there are city permits that may show the 14th non conforming unit as a legal unit (Buyers to verify with the city). The 14 units are accompanied by 14 parking spaces (single and tandem parking). There is also a possibility of building ADUs.

327 Riverdale, Glendale

Listing courtesy of Listing Agent: Steve Kwon (skwonkw@gmail.com) from Listing Office: Keller Williams Realty.

$4,100,000

18 Beds ⋅ 18 Baths ⋅ 26874227 MLS

Situated near the intersection of Brand Boulevard and Chevy Chase Drive, the building grants tenants convenient access to Glendale's numerous amenities, including the nearby Americana at Brand and the Glendale Galleria, each within one mile. Due to the fact that the property is subject only to AB 1482, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable annual rent increases, when compared with other assets subject to Los Angeles City rent control. The plumbing system has already been upgraded with copper pipes, and the property also does not appear on the Seismic Retrofit List, saving a new owner from an otherwise significant capital expense (Buyer to verify). A large on-site storage unit could potentially be converted to an ADU (Buyer to verify), adding significant value in a high-demand rental submarket. The property benefits from its proximity to the high-end shopping and dining destinations nearby -- notably the Americana at Brand and the Glendale Galleria -- while providing tenants with a more peaceful and serene atmosphere near the Adams Hill neighborhood, removed from the densely urban neighborhood in Downtown Glendale. Residents also enjoy access to the nearby boutiques, coffee shops, and restaurants in historic Adams Square, just blocks from the property. 9

214 E Chevy Chase Dr, Glendale

Courtesy of Marcus & Millichap, Roderick 'Rick' Raymundo - CA DRE#01357019

$4,100,000

18 Beds ⋅ 18 Baths ⋅ 26874227 MLS

Situated near the intersection of Brand Boulevard and Chevy Chase Drive, the building grants tenants convenient access to Glendale's numerous amenities, including the nearby Americana at Brand and the Glendale Galleria, each within one mile. Due to the fact that the property is subject only to AB 1482, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable annual rent increases, when compared with other assets subject to Los Angeles City rent control. The plumbing system has already been upgraded with copper pipes, and the property also does not appear on the Seismic Retrofit List, saving a new owner from an otherwise significant capital expense (Buyer to verify). A large on-site storage unit could potentially be converted to an ADU (Buyer to verify), adding significant value in a high-demand rental submarket. The property benefits from its proximity to the high-end shopping and dining destinations nearby -- notably the Americana at Brand and the Glendale Galleria -- while providing tenants with a more peaceful and serene atmosphere near the Adams Hill neighborhood, removed from the densely urban neighborhood in Downtown Glendale. Residents also enjoy access to the nearby boutiques, coffee shops, and restaurants in historic Adams Square, just blocks from the property. 9

214 E Chevy Chase Drive, Glendale

Listing courtesy of Listing Agent: Roderick 'Rick' Raymundo (Rick.Raymundo@MarcusMillichap.com) from Listing Office: Marcus & Millichap.

$8,000,000

27 Beds ⋅ 24 Baths ⋅ 26873611 MLS

323 E Chestnut Street, a well-maintained, 22-unit multifamily community located in one of Glendale's most desirable and highly walkable neighborhoods. Built in 1962, the property contains approximately 13,925 square feet of building area and features an attractive unit mix consisting of one studio, 19 one-bedroom/one-bathroom units and two two-bedroom/two-bathroom units. Ownership has completed substantial interior renovations, with 21 of the property's 22 units upgraded, providing an investor with the opportunity to acquire a largely renovated asset with limited near-term interior capital requirements along with approximately 10% upside in rents. The property is centered around a spacious courtyard and swimming pool, creating an appealing residential environment that distinguishes it from many competing apartment buildings. Additional amenities include on-site laundry facilities, resident storage and 16 on-site parking spaces. 323 E Chestnut Street also benefits from an exceptional Downtown Glendale location within walking distance of The Americana at Brand, the Glendale Galleria and a wide variety of restaurants, cafs, entertainment venues and everyday services. With a Walk Score of 96, designated a "Walker's Paradise," residents can complete most daily errands on foot, providing the property with a meaningful competitive advantage and supporting its long-term rental appeal. 323 E Chestnut Street presents investors with the opportunity to acquire a substantially renovated Glendale apartment community offering a favorable unit mix, attractive resident amenities, exceptional walkability, all in a highly sought after downtown Glendale location.

323 E Chestnut St, Glendale

Courtesy of Investment Real Estate Associates, David Leibowitz - CA DRE#01912487

$7,000,000

20 Beds ⋅ 21 Baths ⋅ 26873639 MLS

1042 Western Avenue, a well-maintained, 17-unit multifamily community located in a highly walkable Glendale neighborhood. Built in 1963, the property contains approximately 11,058 square feet of building area and features a favorable unit mix consisting of two studio apartments, ten one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit and four two-bedroom/two-bathroom units. The unit count includes one permitted accessory dwelling unit. Ownership has recently remodeled 15 of the property's 17 units, providing an investor with the opportunity to acquire a substantially renovated apartment community with limited near-term interior capital requirements. The remodeled units feature new flooring and appliances, quartz countertops and updated HVAC systems. The units also offer large closets and generous interior storage, providing residents with comfortable and functional living spaces. On-site amenities include a swimming pool and laundry facilities. The property also contains seven large storage units, which may be rented separately to generate additional income. Subject to an investor's independent investigation and applicable governmental approvals, the storage area may also present the potential for conversion into an additional accessory dwelling unit. The property is located just a short drive from Downtown Burbank, providing residents with convenient access to its extensive collection of restaurants, shopping, entertainment venues, major employers and media-industry employment centers. The property's strategic location between Glendale and Burbank, along with its proximity to neighborhood amenities and everyday services, contributes to its continued rental appeal. 1042 Western Avenue presents investors with the opportunity to acquire a substantially renovated Glendale apartment community with approximately 15% upside in rents, that also offers a diversified unit mix, attractive resident amenities and multiple potential avenues for additional income and long-term value creation.

1042 Western Ave, Glendale

Courtesy of Investment Real Estate Associates, David Leibowitz - CA DRE#01912487

$8,000,000

27 Beds ⋅ 24 Baths ⋅ 26873611 MLS

323 E Chestnut Street, a well-maintained, 22-unit multifamily community located in one of Glendale's most desirable and highly walkable neighborhoods. Built in 1962, the property contains approximately 13,925 square feet of building area and features an attractive unit mix consisting of one studio, 19 one-bedroom/one-bathroom units and two two-bedroom/two-bathroom units. Ownership has completed substantial interior renovations, with 21 of the property's 22 units upgraded, providing an investor with the opportunity to acquire a largely renovated asset with limited near-term interior capital requirements along with approximately 10% upside in rents. The property is centered around a spacious courtyard and swimming pool, creating an appealing residential environment that distinguishes it from many competing apartment buildings. Additional amenities include on-site laundry facilities, resident storage and 16 on-site parking spaces. 323 E Chestnut Street also benefits from an exceptional Downtown Glendale location within walking distance of The Americana at Brand, the Glendale Galleria and a wide variety of restaurants, cafs, entertainment venues and everyday services. With a Walk Score of 96, designated a "Walker's Paradise," residents can complete most daily errands on foot, providing the property with a meaningful competitive advantage and supporting its long-term rental appeal. 323 E Chestnut Street presents investors with the opportunity to acquire a substantially renovated Glendale apartment community offering a favorable unit mix, attractive resident amenities, exceptional walkability, all in a highly sought after downtown Glendale location.

323 E Chestnut Street, Glendale

Listing courtesy of Listing Agent: David Leibowitz (dleibowitz@irea.com) from Listing Office: Investment Real Estate Associates.

Browse All Glendale CA Multi-Family Properties for Sale

Glendale Multi-Family Real Estate

How much is your home worth?

How much is your home worth?