366-368 W Palmer Ave, Glendale, CA 91204 – a multifamily investment rich in both financial upside and Historical significance. This 6-unit property, located in the highly desirable Tropico neighborhood of Glendale, offers an excellent opportunity for investors seeking both stable cash flow and long-term appreciation. Key Investment Highlights: • Historic Significance: Constructed in 1897, this property was evaluated during the 2017 South Glendale Historic Resources Survey and recognized as a rare example of early residential development in Tropico. It’s eligible for listing in the Glendale Register under local Criterion 1, representing the earliest period of South Glendale’s residential history, and under local Criterion 3, for its outstanding residential vernacular architecture. ”The property is not currently registered as a historic property. The new owner has the opportunity to pursue historic designation for added recognition and potential benefits.” • Architectural Integrity: The property retains many of its original, character-defining features, including its two-story height, rectangular plan, hipped roof with flared and bracketed eaves, central attic dormer, and wood lap siding. These architectural elements add value and appeal, making it a unique asset in Glendale's multifamily market. • Value-Add Potential: In addition to its historical appeal, there is the opportunity to convert the existing garage into an (ADU's), further boosting rental income with minimal capital investment. With its blend of historical charm, architectural integrity, and income-generating potential, 366-368 W Palmer Ave presents a unique opportunity for investors looking to capitalize on both cultural heritage and future growth.
611 and 611A are 2 separate units, front unit is 3 bedrooms and 2 baths, back unit is 1 bedroom and 1 bath, this property must be purchased with the adjacent property 615 and 615 A which is also listed at $ 1,275,000. Both properties are sold in as-is condition and has to close escrow concurrently. Buyer to investigate and verify suitability and buildability with City of Glendale . No warranties expressed or implied, all tenants are on month to month basis. Seller can provide expired 12 unit condo plan to qualified buyers. This property is located close to schools, shopping, and major freeways. 611 rent is $2300. It will be $2400 starting January 2025. 611 A is renting for $ 1500 per month and it will be $1600 per month starting January 2025. Both properties are selling for land value. PLEASE DO NOT DISTURB TENANTS
615 A and B are 2 separate units , front units is 3 bedrooms and 2 baths, back unit is 1 bedroom 1 bath. this property must be purchased with the adjacent property 611A and 611B which is also listed at $1.275 millions. Both properties are sell in as is condition and has to close escrow concurrently. Buyer to investigate and verify suitability and buildability with city of Glendale. No warranties expressed or implied. all tenants on both properties occupied on month to month basis. Seller can provide expired 12 unit condo plan to qualified buyers. This property is located close to schools. shopping and major freeways. 615 A rent will be $3400 starting April 2025. 615 B rent will be $1800 starting April 2025. PLEASE DO NOT DISTURB TENANTS
With a unit mix featuring mostly large two-bedroom apartments, the property offers an investor stable cash flow with the opportunity to increase income further by capitalizing on rent upside. Because the building is not subject to Los Angeles Rent Control, a new owner can improve rental income more rapidly via AB 1482. In addition to installing brand new electric subpanels in all units, the current owner has upgraded the vast majority of units to include new granite countertops, new wood laminate flooring, new dual pane windows, and new AC units. Plumbing throughout the building is mostly copper pipes, while the building features a new water heater and new roof insulation as well. An additional income stream is generated via the on-site laundry facilities, which are owned by the landlord. This location features strong tenant demographics, with several major employers nearby in both Glendale and Burbank. Walt Disney Studios, Warner Brothers Studios, Walt Disney Imagineering, and Dreamworks Animation are all within a short distance. The Los Angeles Zoo, Griffith Park, Universal Studios, and the Los Angeles Equestrian Center are all situated near the property as well. The high-end Americana at Brand and the remodeled Glendale Galleria are both a short drive from the property, as are the Burbank Town Center and Burbank Empire Shopping Center. The largest IKEA store in North America sits within blocks of the property, as do Trader Joe's, Ralphs, CVS, The Home Depot, and Smart & Final.
Courtesy: Equity Union
Prime duplex property located in much desirable area close to Montrose village. Featuring two units, 2 bedrooms 1 bath and a 1 bedroom 1 bath units and a detached two car garage on a large lot. It presents an exceptional opportunity for Buyers and investors to own this great well-maintained property. Each unit has their own private patio, central air and heat, updated kitchens with granite counter tops and much more. Possibility of garage conversion to an ADU (Buyers to Check with City to confirm) to maximize rental income. Owner is responsible for water and tenants pay all other utilities. It is located near shopping, Dining, transportation, parks and is in great school district with easy freeway access. Both units are currently Tenant occupied, Please do not disturb tenants. For additional information please call agent.
9 units with stamped plans & paid permits for a complete remodel of each unit. This is a remodel value add and stabilization opportunity. There's enough space on the 21,072 SF lot at rear of property for 2 or more ADUs (Buyers to verify). All units are on grade bungalow style 2 bedrooms 1 bathroom layouts. One of the units is vacant. Agreements are in place for 3 additional units to be relocated. The property is South of Colorado Blvd near the Americana, Atwater Village & Downtown Los Angeles.
There is a whole lot to like about this Spanish style triplex, which I will detail for you right now: First, more than most, it really lends itself to being an owner-user property, which it has been for 15 years. Secondly, the two largest units will be delivered vacant! The largest unit, the 1100 sq ft 2 bed unit the owners have been living in for the past 15 years, and the 900 sq ft 1 bed unit. Of course this means you will be able to get market rent for those two units. Also, if you as the new owner decided to live in the detached 1 bed unit on the other side of the garages, those people will also leave. So you as the owner would basically be living in a single family home with its own yard, and never see the tenants who will live on the other side of the garage/parking pad. All three units have great outdoor space to enjoy, as you can see in the photos. They all have In-unit laundry in each unit. Also, in a part of town where parking is at a premium, there is tons of parking on this property. Three garages plus three more parking spots on the concrete pad just in front of the garages. And, finally, the property will stand up well to a licensed home inspection, as the current owners have been diligent about upkeep. According to the owners, there is new copper plumbing, the sewer line to the street is new, foundation was re-done after the Northridge earthquake, and there is updated electrical. Also, kitchens and bathrooms have been re-done. Bottom line, you are not walking into a money pit, but rather, a property that has been well maintained and updated. Note - Photos 12 - 30 are the 1100 sq ft 2 bed unit; photos 32 - 44 are the 900 sq ft 1 bed unit; photos 47 - 59 are the detached 700 sq ft 1 bed unit. Owner's unit can be shown anytime. Other units shown with accepted offer. Come check it out. It's a winner!
We are pleased to be retained as the exclusive agents for this 6-unit multifamily investment offering in Glendale Ca. Comprised of a remarkable unit mix, 2 blocks to Americana at Brand, and individual hot water heaters. (5) of the 6 units are remodeled, 2 units are townhouse style and several HVAC units have been replaced. At 13.7 GRM this is a great turnkey offering with additional rental upside potential. Multiple storage closets can potentially generate additional revenue streams and there might be potential to incorporate an ADU, buyer to confirm.
Welcome to 650 W. Dryden Street in Glendale—an exceptional investment opportunity! This five-unit multifamily property offers a perfect blend of comfort and convenience, generating an annual gross income of $118,200, with minimal expenses. Located above Glenoaks Boulevard in one of Glendale’s most sought-after neighborhoods, it’s just minutes from Toll Middle School, Hoover High School, and Pelanconi Park. This property features spacious units with an ideal unit mix, designed to appeal to a variety of tenants, making it a highly desirable rental option. The unit mix includes larger 1- and 2-bedroom units, along with a fantastic 1,500+ s/f 3-bedroom unit, perfect as a potential owner’s unit. Tenants love the proximity to popular local spots like Moto Sushi, Starbucks, Paris Baguette, Mission Wine and Spirits, and Big Square Market, ensuring high demand year-round. The property has been well-maintained with a roof replaced 7 years ago, copper plumbing, and separate gas and electricity meters, keeping costs low for the owner. It also offers five parking spaces, a large common area laundry, and a spacious storage room for added income potential. With all tenants on month-to-month leases, the future owner has the opportunity to increase rents by up to 7% in Glendale by transitioning them into new 12-month agreements. Located in a prime area with nearby schools, parks, and walkable amenities, 650 W. Dryden Street is a prime investment opportunity for those looking to maximize returns and ensure long-term growth. Don’t miss out on this rare opportunity! Do not walk on property. Subject to interior inspection.
Hidden gem right in front of your eyes! Check out this charming duplex with character period details and tremendous upside potential. Located in premium Glendale location, close to Fremont Park. Each unit is 1 bedroom and 1 bathroom and offers both front and backyards, long driveway with detached 2-car garage at rear (laundry hook-ups in garage). Rear unit has an additional room added previously (uncertain if permitted), currently used as a 2nd bedroom. Property is definitely in need of heavy deferred maintenance and upgrades, however the results could be incredible for owner-user and tenants. Property is sold as-is, no repairs or improvements. Please do not go onto property or disturb tenants.
3-unit property with huge upside potential. All units are tenant occupied with below market rents. Front house (2 bed/1 bath) with detached duplex behind (1 bed/1 bath each). Property is in need of heavy deferred maintenance and repairs and is a prime candidate for improvement, remodel, expansion or redevelopment. Lot is flat 5838 square feet and zoned GLR4YY, offering HUGE potential and opportunity. Don't miss this incredible income property with incredible potential. Property is being sold as-is without repairs or improvements. Please do not go onto property or disturb tenants.
Prime Investment Opportunity: Four-Unit Fully Occupied Property in Desirable Glendale Neighborhood This four-plex presents an outstanding investment opportunity with stable tenants and substantial potential for rental income growth. Located in the sought-after Glendale area, just minutes from the Glendale Galleria and The Americana, this rare property offers immediate returns with the possibility for future rent adjustments. Total rental income is $8,840. Live in the front unit and rent out the back 3 units for $6,090. MAIN HOUSE: The charming front house is a two-bedroom, one-bathroom residence, offering approximately 994 square feet of living space. It features modern conveniences such as central heating, air conditioning, in-unit laundry, a covered porch, and an attached garage. This combination of amenities makes it an attractive option for tenants seeking comfort and convenience. Total rental income is $2,750. BACK UNITS: Behind the Main House, there are three additional units, each with detached walls for enhanced privacy and reduced noise. Total rental income for the back units is $6,090: 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 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 refrigerator, new stove/oven, and new wall air conditioning unit. Unit B: New water heater 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.
Rare Unique Development Opportunity In The Heart Of Glendale just minutes to Americana At Brand, and short distance to Glendale Galleria. Fully approved plans for 4 unit Townhome Style modern building and after 3 years in the making it will be delivered ready to issue permits (RTI). Each units will consist of 2 bedrooms and 2.5 baths, huge private patios and balconies with building size being over 4600 sqft. This is a true rare find for Glendale with new luxury buildings being constructed all over the surrounding neighborhood.
Courtesy: Keller Williams Realty
Welcome to this lovely Glendale Neighborhood! These units are located close to shopping and restaurants. The front building is a 2 bedroom house with a studio on the 2nd floor with a separate entrance. The house tenant currently pays for the utilities for both of these units. The rear building consists of two, 1 bedroom units. These units both have their own gas and electric meters.Buyer to satisfy themselves with the city on all permit matters.
Attention investors! Welcome to 1344 E Broadway in the beautiful city of Glendale! This 13-unit apartment complex features 8 one-bedroom, one-bath units and 5 studio lofts, each with its own bathroom. The property also includes convenient coin-operated laundry facilities. This is a fantastic investment opportunity in the heart of Glendale. Contact us today to schedule a showing!
Discover a rare investment opportunity with this well-maintained 4-unit multi-family apartment building, ideally situated in North Glendale, just a few blocks from Burbank. Family-owned since 1948. Each of the four spacious units features 2 bedrooms and 1 bathroom, with approximately 845 sq ft of comfortable living space. Practical amenities including a gas range, water heater, floor heating, and window or wall AC units. Recent updates enhance the property’s value and efficiency, such as newly rebuilt second-floor deck and balcony, newer vinyl windows, new exterior paint and updated electrical systems throughout the building. Four dedicated parking spaces, one for each unit, along with a fenced backyard common area that is equipped with automatic sprinklers. The expansive lot also offers potential for future development—buyers are encouraged to verify with the City of Glendale. Situated on West Glenoaks Boulevard, this property benefits from close proximity to a bus stop, abundant shopping options, and a variety of dining establishments. With easy access to the 134 and 5 freeways, commuting is a breeze. Don’t miss this chance to own a well-maintained, strategically located multi-family building with promising growth potential!
Unique and Prime investment opportunity 10 units in desirable Glendale Glenoaks area. Pride of ownership, Owns for about 50 years. Due to this long term ownership relationship with great tenants, the current rents have remained very low, leaving about 80% upside in rents Current rents are significantly below market, for 10 units totaling about $165,000 a year. One 3 bed 2 bath, Two 2 bed 1 bath, Five 1 bed 1 bath, Two single. The rents in the area for a 3 bedroom unit can be over $3,500, for 2 bed $2800 and 1 bed $2100 a month. Some TLC on this property current rents can potentially go up about $267,000 a year. The property is centrally located for commutes, supermarkets, restaurants and schools . Driving distance downtown Los Angeles, Burbank, Montrose, Americana and Glendale Galleria, NOHO district, Old Town Pasadena, and the Rose Parade, JPL. Local LA and Hollywood attractions include the Music Center, Disney Music Hall, and Hollywood Bowl. This 10 units is truly one of a kind and great investment. Per seller, inside 6 units are updated, Has copper plumbing, newer water heater, walk way, all wall heaters and wall A/C’s, about 13 parking, Everything in this area sells quickly, priced right and will not last long in this market.
This 8 unit character building with larger units is located in a desirable area of Glendale. Most units have been renovated; however, the character of each unit has been preserved. It is located at a walking distance to a park, shops and many amenities. The 8 unit next to this building is also for sale at 128 Carr Drive. It is owned by the same owner and they prefer to sell both buildings together. However, each building can be sold separately.
This 8 unit character building with larger units is located in a desirable area of Glendale. Most units have been renovated; however, the character of each unit is preserved. It is located at a walking distance to a park, shops and many amenities. The 8 unit next to this building is also for sale at 132 Carr Drive. It is owned by the same owner and they prefer to sell both buildings together. However, it can be sold separately.
Discover an exceptional investment opportunity with this charming all remodeled 3-unit property in Glendale. Spanning an impressive 6,564 square feet, this property offers a total of 12 bedrooms and 9 bathrooms, with each unit thoughtfully designed to include 4 bedrooms and 3 bathrooms. The property also features 6 dedicated parking spaces and an attached garage for added convenience. Come inside to find elegant recessed lighting throughout, enhancing the modern and inviting atmosphere. Each unit boasts a contemporary kitchen, equipped with stylish cabinetry, stainless steel appliances, including a sleek electric stove, and plenty of space for all your culinary needs. The expansive family rooms are perfect for gatherings, featuring beautiful lighting and cozy fireplaces. The generously sized primary bedrooms offer plenty of closet space with mirrored doors and access to private bathrooms, complete with walk-in shower stalls and LED mirrors for a touch of luxury. Additionally, one of the other spacious bedrooms includes its own ¾ bathroom, also featuring LED light mirrors. For ultimate convenience, each unit is equipped with its own laundry facilities, brand new AC, and every unit has 2 designated parking spaces divided amongst the 1 covered garage and the car port with 5 available spaces. This property presents a fantastic opportunity for investors or those looking to enjoy a versatile living space in a desirable location.
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.
PROPERTY TO BE DELIVERED FULLY VACANT AT CoE. Charming 2-unit Craftsman in the heart of Glendale, plus a 1-bedroom, 1-bath guest house on a spacious lot. The downstairs unit features 3 bedrooms and 2 baths, while the upstairs unit offers 2 bedrooms and 1 bath. The separate guest house adds even more versatility, along with 2 large sheds and driveway parking for 3 cars. Located near shops and within the Glendale Unified School District, this property will be delivered vacant at the close of escrow. Ideal for owner-occupants looking to live in one unit and rent out the others to offset the mortgage, or create a family compound! Buyer and buyer's agent to investigate all permits, building and zoning questions to their satisfaction with the city and county. All information provided deemed reliable but not guaranteed.
PROPERTY TO BE DELIVERED FULLY VACANT AT CoE. Charming 2-unit Craftsman in the heart of Glendale, plus a 1-bedroom, 1-bath guest house on a spacious lot. The downstairs unit features 3 bedrooms and 2 baths, while the upstairs unit offers 2 bedrooms and 1 bath. The separate guest house adds even more versatility, along with 2 large sheds and driveway parking for 3 cars. Located near shops and within the Glendale Unified School District, this property will be delivered vacant at the close of escrow. Ideal for owner-occupants looking to live in one unit and rent out the others to offset the mortgage, or create a family compound! Buyer and buyer's agent to investigate all permits, building and zoning questions to their satisfaction with the city and county. All information provided deemed reliable but not guaranteed.
Glendale is located in California. Glendale, California has a population of 196,512. Glendale is less family-centric than the surrounding county with 30.93% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Glendale, California is $74,488. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Glendale is 41.2 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 45.8 degrees. The average rainfall is approximately 18.7 inches per year, with 0 inches of snow per year.
