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 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. See the attached Profit and Loss.
Attention!!! Prime Development Opportunity in Glendale. Located in a highly sought-after area of Glendale, this property offers an exceptional opportunity for multi-family development. Boasting a prime location with close proximity to top-rated schools, shopping centers, dining, and public transportation, this site is ideal for developers seeking to maximize return on investment. This property offers endless possibilities for developers looking to create modern, high-demand housing in the heart of Glendale. Don't miss out on this rare investment opportunity!
Here's your opportunity build a legacy townhome/condo project. This luxurious modern design is sure to demand top dollar! and will be sought after with great walkability and close to everything in the highly acclaimed city of Glendale! The heavy lifting to get the cities approval for this design has be done! So take the next and make this project a reality... The Design is perfect for anyone who desires a newly built modern luxury Home. The Location is ideal for commuters or work from home buyers and enjoy the city of Glendale... This project is being sold with the APN 5680-025-0311534 E Broadway total sales price $2.1M for both lots to build 8 luxury condo/townhouse the project comes with Design Review approval from the city of Glendale....
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.
Exceptional 5-Unit Investment Opportunity in Glendale! This well-maintained 4-unit building has been enhanced with a brand-new ADU, bringing the total to 5 units. Each unit with its in own washer and dryer hook ups. The newly constructed ADU is vacant and ready for immediate occupancy, offering modern amenities, a private entrance, and additional rental potential. This property presents an excellent opportunity for an owner-occupied income property, where you can live in the vacant ADU while generating rental income from the 4 existing units. Recent upgrades include a new roof, new stucco, and new copper plumbing, ensuring long-term durability and minimizing future maintenance concerns. The main building consists of 4 units, all on a month-to-month rental basis, offering flexibility for new ownership. The expansive backyard will be completed with beautiful landscaping, creating a pleasant outdoor space for tenants. The Certificate of Occupancy for the ADU will be provided prior to the close of escrow, ensuring a smooth and efficient transaction. Please do not disturb the occupants or tenants. This is a rare opportunity to acquire a well-upgraded 5-unit property with a vacant ADU ready for immediate occupancy. Ideal for an owner who wants to live in one unit while enjoying income from the others. Don’t miss out on this prime investment in a desirable location!
Courtesy: Prominent Realty Group
We are pleased to present for acquisition the Colonial Oak Apartments., situated in one of the most niche neighborhoods within the city of Glendale. In the super low turnover and historically vacancy-proof pocket, the opportunity offers a pride of ownership acquisition in one of the most landlord-friendly cities in California. Well maintained, the property has a pitched roof, upgraded electrical sub-panels, newer windows, professionally landscaped, ample on-site parking & laundry facility. All units are 2 bedrooms, averaging over 1,000 sf, sitting on an almost 15,000 sf corner lot. Although the offering is already priced well at 14.2 GRM (as of 5.1.25), there is considerable rental upside by way of loss to lease and or modernization of interiors, the GRM falls to 12. Furthermore, California recently passed SB 211, allowing for a maximum of (8) ADUs but not to exceed the total number of existing units. With the implementation of a couple of ADUs (buyer to verify), the building would pay for itself in 8 years! The Colonial Oak Apartments are just under 4 miles to the Chevy Chase Country Club (CCCC), a hidden gem in the Verdugo Mountains. Some of the long list of amenities are the 18 hole golf course & driving range, tennis courts, swimming pool, clubhouse, exquisite dining options, fitness center and entertainment venue. The local home value per homes.com is $1,632,000, enforcing considerable affordability gap to own a single-family home in this area, a major driver of rents as well. The Colonial Oak Apartments are the only multifamily investment opportunity available for acquisition in the area and in the zip code. Located in a very peaceful and residential area yet close to major retail, schools, shops and entertainment. The opportunity provides for consistent cashflow and forever built-in demand for occupancy.
Built in 1983, 327 S. Madison features (8) 2-bdrm. and 2.5-bath townhouse-style units with direct access to a private 2-car garage, central A/C, in-unit laundry, and a private patio. Each bright and spacious townhome averages approx. 1,413 SF, and tenants are responsible for paying the costs of gas, electric, and water. Current ownership has invested $200,000+ in capital improvements, and have upgraded several of the units with wood laminate flooring, updated cabinetry/backsplash, stainless-steel appliances, and recessed lighting. In addition, this turnkey property features a new roof installed in 2019 and new decks in 2020. We are offering 372 S. Madison at $325 per foot, the lowest PPSF compared to ales of similar properties in the area over the last 12 months. The property presents approx. 19% rental upside compared to market rents for renovated units in the area. At the list price, the property will stabilize at a 6.20% CAP and 11.19 GRM. This townhouse-style complex is located just east of Glendale Ave, the property is approx. 1.4 miles from The Americana, Glendale Galleria, Glendale Fashion Center, and an array of dining and entertainment options along Brand Blvd. In addition, 327 S. Madison sits steps from a recently completed 96,000 SF media facility by East End Studios.
We are pleased to present Chevy Chase Manor, a sixteen unit multifamily investment opportunity located in the Tropico neighborhood of South Glendale. This well-maintained asset will provide the next investor with roughly 36% in rental upside that can be captured through the implementation of an interior and exterior renovation program. Constructed in 1964, Chevy Chase Manor comprises fourteen one bedroom/one-bathroom units and two two-bedroom/one-and-half bathroom units. Sitting on a 9,582 square foot lot, this 10,674 square foot building boasts average unit sizes of roughly 667 square feet. All units have separate meters for gas and electricity. There is on-site laundry at the garage, two central hot water heaters, and seventeen tenant storage cabinets. The property offers seventeen parking spaces, two of which have been converted into large owner's storage units, and fire sprinklers throughout the parking lot. The property is zoned R2250,making the existing sixteen units irreplaceable with the current zoning. This is truly the highest and best use for this parcel.
Built in 1983, 327 S. Madison features (8) 2-bdrm. and 2.5-bath townhouse-style units with direct access to a private 2-car garage, central A/C, in-unit laundry, and a private patio. Each bright and spacious townhome averages approx. 1,413 SF, and tenants are responsible for paying the costs of gas, electric, and water. Current ownership has invested $200,000+ in capital improvements, and have upgraded several of the units with wood laminate flooring, updated cabinetry/backsplash, stainless-steel appliances, and recessed lighting. In addition, this turnkey property features a new roof installed in 2019 and new decks in 2020. We are offering 372 S. Madison at $325 per foot, the lowest PPSF compared to ales of similar properties in the area over the last 12 months. The property presents approx. 19% rental upside compared to market rents for renovated units in the area. At the list price, the property will stabilize at a 6.20% CAP and 11.19 GRM. This townhouse-style complex is located just east of Glendale Ave, the property is approx. 1.4 miles from The Americana, Glendale Galleria, Glendale Fashion Center, and an array of dining and entertainment options along Brand Blvd. In addition, 327 S. Madison sits steps from a recently completed 96,000 SF media facility by East End Studios.
We are pleased to present Chevy Chase Manor, a sixteen unit multifamily investment opportunity located in the Tropico neighborhood of South Glendale. This well-maintained asset will provide the next investor with roughly 36% in rental upside that can be captured through the implementation of an interior and exterior renovation program. Constructed in 1964, Chevy Chase Manor comprises fourteen one bedroom/one-bathroom units and two two-bedroom/one-and-half bathroom units. Sitting on a 9,582 square foot lot, this 10,674 square foot building boasts average unit sizes of roughly 667 square feet. All units have separate meters for gas and electricity. There is on-site laundry at the garage, two central hot water heaters, and seventeen tenant storage cabinets. The property offers seventeen parking spaces, two of which have been converted into large owner's storage units, and fire sprinklers throughout the parking lot. The property is zoned R2250,making the existing sixteen units irreplaceable with the current zoning. This is truly the highest and best use for this parcel.
An exquisite investment property located in Glendale underwent a comprehensive remodel in 2020 with proper permits. This presents a fantastic opportunity for owner occupancy. The front house comprises two bedrooms, providing the option to collect rent from the rear units, each featuring one bedroom and one-and-a-half bathrooms. additionally. each unit offers a designated outdoor seating area. Garage been converted to a studio. The property includes a separate coin laundry room., contributing to additional income. with minimal maintenance expenses. this building is strategically situated close to various shopping amenities. The front house: 2 bedrooms 2 full baths Back are 2 duplexes: 1 bedroom 1 full bath Garage: Single bedroom and 1 bath
We are pleased to present the opportunity to acquire 1700 Del Valle Ave, an 8-unit multifamily property located in the desirable Verdugo Woodlands neighborhood of Glendale. Built in 1948, 1700 Del Valle is situated on a generous 12,676 square feet of land and zoned R1650. The property boasts 8,252 square feet of living space consisting of five 1 bed/1 bath, two 2 bed/1 bath, & one 3 bed/2 bath units. With the two 2-bedroom units currently vacant, an investor can immediately add value through renovations and achieve market rents while also benefiting from an additional 16% upside across the remaining units. With on-site laundry and an implemented utility bill-back program, the property is perfectly situated to maximize income for a potential investor. There are eight parking spaces that include three private garage spaces and a five-vehicle carport, providing the potential for an investor to add ADUs. With its impeccable location just south of the vibrant Montrose Village Square & minutes away from Glendale Community College, the property continues to attract a strong renter pool due to its quiet residential feel and convenient location. Its proximity to the 2, 134, and 210 freeways provides residents with convenient access to surrounding neighborhoods of Burbank, Pasadena, Eagle Rock and Downtown Los Angeles.
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.
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
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
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.
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.
Prime duplex 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.
Courtesy: Engel & Volkers La Canada
Courtesy: Engel & Volkers La Canada
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.
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 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.
Courtesy: Berkshire Hathaway Home Services Golden Properties
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.
