Glendale CA Real Estate &

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Beds:
n/a
Baths:
Sq.Ft.:
2,606
Status:
NEW LISTING
MLS#:
P1-29078
Type:
Cluster
Subdivision:
Not Applicable
Lot size:
0.11 Acres
Year built:
1940
Listed by BHHS California Properties Carol Kurachi
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ADDITIONAL INFORMATION

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.

Beds:
9
Baths:
9.00
Sq.Ft.:
6,136
Status:
Active
MLS#:
26993861
Type:
Cluster
Lot size:
0.17 Acres
Year built:
1970
Listed by Keller Williams Los Angeles Maria Sarmiento
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
2,830
Status:
Active
MLS#:
BB26211353
Type:
Apartment
Lot size:
0.17 Acres
Year built:
1960
Listed by Koch Properties, Inc. Karol Kochova
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
11,316
Status:
Active
MLS#:
SR26210960
Type:
Apartment
Lot size:
0.17 Acres
Year built:
1950
Listed by Keller Williams World Media Center Levon Alexanian
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ADDITIONAL INFORMATION

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

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
BB26211322
Type:
Triplex
Lot size:
0.17 Acres
Year built:
1890
Listed by Koch Properties, Inc. Karol Kochova
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
3,858
Status:
Active
MLS#:
P1-28963
Type:
Cluster
Subdivision:
Other
Lot size:
0.32 Acres
Year built:
1969
Listed by COMPASS Ed Dorini
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
8,086
Status:
Active
MLS#:
BB26207350
Type:
Apartment
Lot size:
0.22 Acres
Year built:
1961
Listed by LA Premier Realty David Nalbandyan
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
2,314
Status:
Active
MLS#:
GD26205062
Type:
Fourplex
Lot size:
0.16 Acres
Year built:
1949
Listed by Lion Group Investments Inc Christina Karapetyan
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ADDITIONAL INFORMATION

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.

Beds:
3
Baths:
3.00
Sq.Ft.:
1,864
Status:
Active
MLS#:
26990001
Type:
Cluster
Lot size:
0.15 Acres
Year built:
1923
Listed by Andrew C. Lee Andrew C Lee
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ADDITIONAL INFORMATION

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

Beds:
n/a
Baths:
Sq.Ft.:
1,671
Status:
Active
MLS#:
BB26187304
Type:
Duplex
Lot size:
0.14 Acres
Year built:
1917
Listed by Brad Korb Real Estate Group Bradley Korb
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
7,701
Status:
Active
MLS#:
P1-28892
Type:
Cluster
Subdivision:
Not Applicable
Lot size:
0.31 Acres
Year built:
1955
Listed by Jenkins Properties Jose Maria Chaparro
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
3,500
Status:
Active
MLS#:
26986213
Type:
Cluster
Lot size:
0.17 Acres
Year built:
1938
Listed by Real Broker Mark Duncan
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
2,282
Status:
Active
MLS#:
GD26199373
Type:
Triplex
Lot size:
0.16 Acres
Year built:
1923
Listed by Re/Max Tri-City Realty Arthur Mangassarian
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ADDITIONAL INFORMATION

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.

Open House:

Wednesday, 10/7 10:00-1:00PM

More Open House Info >

Beds:
n/a
Baths:
Sq.Ft.:
2,923
Status:
Active
MLS#:
SR26199579
Type:
Triplex
Lot size:
0.19 Acres
Year built:
1932
Listed by Hope Realty Services Inc. Maria Machado
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
3,114
Status:
Active
MLS#:
GD26200245
Type:
Other
Lot size:
0.17 Acres
Year built:
1920
Listed by Image Works Properties Bill Davis
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ADDITIONAL INFORMATION

EXCEPTIONAL MULTI-UNIT & MULTI-GENERATIONAL PROPERTY IN THE HEART OF GLENDALE Built in 1920, this distinctive Glendale property offers historic character, flexible living arrangements, abundant parking, and exceptional potential in a highly walkable location approximately one mile from The Americana at Brand and Downtown Glendale. Originally designed as a single-family residence, the main house is currently configured as two living units, complemented by a detached one-bedroom guest house. This property is a fixer. 3 Units. MAIN HOUSE – LOWER UNIT: The lower unit features a primary bedroom with attached bath and walk-in closet, an additional bedroom with walk-in closet, second full bath, full kitchen with breakfast nook, formal dining room, and spacious front living room showcasing original 1920s crown molding with integrated picture rails, original wood built-ins, and a beautiful Batchelder tile fireplace. A concealed laundry area, basement storage, sewing room and attic up stairwell off of dining room. Large backyard with mature shade trees completes the space. MAIN HOUSE – UPPER UNIT: The upper unit includes an oversized bedroom with walk-in closet, full bath, living room, kitchen, dining nook, and private exterior stairway access. A large attic provides exciting potential for additional finished space, subject to applicable requirements. DETACHED GUEST HOUSE: The one-bedroom guest house includes a full bath, kitchen, dining/living room, and dedicated laundry. Adding to the property's character, the guest house originally served as the owners' home while they waited for the main residence to be completed. GARAGE, WORKSHOP & PARKING: A two-car garage with attached workshop and alley access is located at the rear, along with three additional parking spaces. The garage/workshop may offer future ADU conversion potential. The property's versatile configuration offers numerous possibilities for multi-generational living, extended family, owner-occupied investment, rental income. Close to all Fwy's, while nearby shopping, dining, parks, and entertainment add to this central location. The owner has done several inspections for full disclosure on the condition of the property to buyers before that they buy the property. The reports are available in the listing and by request. The owner has listed the property at the lower price to compensation for these repairs and the existing tenant and for this reason is firm on the listing price.

Beds:
n/a
Baths:
Sq.Ft.:
17,432
Status:
Active
MLS#:
GD26195972
Type:
Apartment
Lot size:
0.32 Acres
Year built:
1985
Listed by David N. Schultz Jennifer Bertolet
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ADDITIONAL INFORMATION

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.

Beds:
7
Baths:
5.00
Sq.Ft.:
3,740
Status:
Active
MLS#:
26977063
Type:
Cluster
Lot size:
0.11 Acres
Year built:
1959
Listed by Lyon Stahl Investment Real Estate, Inc. Derrick Vartanian
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
7,778
Status:
Active
MLS#:
BB26197358
Type:
Apartment
Lot size:
0.17 Acres
Year built:
1961
Listed by Ryan Planegger Ryan Planegger
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ADDITIONAL INFORMATION

Renovated Property. New main panels and sub panels installed for all Units. New windows, and sliders throughout. Roof is in good condition with no leaks. Property has been well looked after and ready for a new owner. This 10 Unit Apartment complex located in downtown Glendale is close to all shopping and local businesses. Apartment building has a good unit mix and only One Vacancy.

Beds:
4
Baths:
2.00
Sq.Ft.:
2,014
Status:
Active
MLS#:
26876995
Type:
Cluster
Lot size:
0.16 Acres
Year built:
1947
Listed by JohnHart Corp. Araksi Dzheyranyan
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ADDITIONAL INFORMATION

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!

Beds:
n/a
Baths:
Sq.Ft.:
1,309
Status:
Active
MLS#:
SR26186135
Type:
Triplex
Lot size:
0.07 Acres
Year built:
1922
Listed by Luxury Collective Steve Julian
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ADDITIONAL INFORMATION

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!

Beds:
n/a
Baths:
Sq.Ft.:
8,255
Status:
Active
MLS#:
AR26185366
Type:
Apartment
Lot size:
0.36 Acres
Year built:
1952
Listed by Keller Williams Realty Steve Kwon
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ADDITIONAL INFORMATION

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.

Beds:
18
Baths:
18.00
Sq.Ft.:
10,674
Status:
Active
MLS#:
26874227
Type:
Cluster
Lot size:
0.22 Acres
Year built:
1964
Listed by Marcus & Millichap Roderick 'Rick' Raymundo
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ADDITIONAL INFORMATION

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

Beds:
n/a
Baths:
Sq.Ft.:
4,499
Status:
Active
MLS#:
SR26178662
Type:
Fourplex
Lot size:
0.12 Acres
Year built:
1927
Listed by Westgate Capital Meroojohn Ordubegian
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ADDITIONAL INFORMATION

Excellent opportunity to acquire a four-unit residential property in Glendale with significant upside potential. The property consists of four 1-bedroom, 1-bathroom units, currently vacant, providing a new owner with immediate flexibility and the opportunity to reposition the property. Approved plans are in place to convert the existing units from 1-bedroom/1-bathroom layouts to 2-bedroom/1-bathroom units, offering the potential for substantially higher rental income and increased overall property value. The property also includes a separate 1-bedroom, 1-bathroom ADU in the rear, which is currently occupied by a Section 8 tenant, providing immediate rental income. Additional improvements include an upgraded separate electrical meters for each unit, helping support the property's future renovation plans. This is an ideal opportunity for an investor, owner-user, or developer looking for a minor fixer with high-rent potential.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
AR26165942
Type:
Apartment
Lot size:
0.17 Acres
Year built:
1963
Listed by Growth Investment Group Pasade Handoko Chen
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ADDITIONAL INFORMATION

5.57% ACTUAL CAP RATE - Cash-flowing day 1 without needing to upgrade any unit! Year 2 CAP Rate is 6.35% with an annual rent increase. The 1063, a HIGH CAP Rate turnkey luxury 12-unit apartment community located in the highly desirable city of Glendale, bordered by the City of Burbank. The property offers superb location (Walkscore 86) with access to many amenities, within walking distance to IKEA Burbank, Burbank Downtown, many shopping centers, close to schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). The offering is unique due to its prime location, High CAP Rate, and turnkey conditions. New owner can enjoy high quality location, asset, and good cash flow immediately without the hardships of relocating tenants and managing construction crews. 1063 Justin is a beautifully upgraded and maintained garden style apartment community built in 1963. It is a two-story walkup apartment consisting of 12 units. It offers a beautifully landscaped (drought tolerant) center courtyard common area. It offers a superb unit mix of four (4) LARGE 2 bed + 1 bath units, six (6) spacious 1 bed + 1 bath units, and two (2) Studio units. Each unit one has been fully upgraded with full electrical and plumbing upgrades (plumbing upgrade in unit), new high durability wood vinyl and tile flooring in bathroom, new windows throughout, in-unit combo washer/dryer, state of the art mini-split HVAC systems, new kitchen with quartz kitchen countertop and new kitchen cabinets and stainless-steel kitchen appliances (gas range, dishwasher, and refrigerator), and new bathrooms with new vanities, toilets, bathtubs, and name brand fixtures. The exterior upgrades include a new façade, new exterior paint and signage, new entry gate, completely redone landscaping, updated electrical, and much more! Each unit is large with an excellent layout. One of the 2bedroom unit has a private balcony. The property is separately metered for electricity and gas. The property offers a single level gated parking area with 11 parking spaces. It is serviced by a master water heater and has additional shared laundry room.

Beds:
20
Baths:
21.00
Sq.Ft.:
11,058
Status:
Active
MLS#:
26873639
Type:
Cluster
Lot size:
0.24 Acres
Year built:
1963
Listed by Investment Real Estate Associates David Leibowitz
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ADDITIONAL INFORMATION

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.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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Glendale Real Estate

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.

Glendale Weather

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.

Glendale Map

Glendale Real Estate Market Conditions

  • Median sales price

    $1,205,000
    23.2%
    change since last quarter
  • # Active listings

    408
    30-day change

Glendale Schools and Demographics

Education near Glendale, CA

City County
High School Graduates 88.53 80.04
College Degree - 2 year 9.93 7.04
College Degree - 4 year 42.99 34.04
Graduate Degree 10.67 8
Expenditures per Student 17,429 17,429
Students per Teacher 21.9 21.9

Elementary Schools near Glendale, CA

Grades Students P/T Ratio ZIP
Balboa Elementary School KG - 06 743 28.6 91201
Benjamin Franklin Elementary School KG - 06 636 24.5 91201
Cerritos Elementary School KG - 06 437 27.3 91205
Columbus Elementary School KG - 05 626 25 91203
Glenoaks Elementary School KG - 06 556 25.3 91206
Horace Mann Elementary School KG - 05 678 26.6 91205
John C. Fremont Elementary KG - 06 690 27.6 91208
John Marshall Elementary School KG - 05 536 25.5 91205
John Muir Elementary School KG - 06 848 27.4 91205
Mark Keppel Elementary School KG - 05 998 28.1 91202
R. D. White Elementary KG - 05 935 27.5 91206
Thomas Edison Elementary School KG - 06 862 26.5 91204
Thomas Edison Elementary School KG - 05 542 28.2 91506
Thomas Jefferson Elementary School KG - 06 629 25.2 91201
Verdugo Woodlands Elementary School KG - 06 818 25.6 91208
Walt Disney Elementary School KG - 05 393 26.2 91506
William McKinley Elementary School KG - 05 452 28.3 91506

Middle Schools near Glendale, CA

Grades Students P/T Ratio ZIP
David Starr Jordan Middle School 06 - 08 1,080 25.9 91506
Eleanor J. Toll Middle 06 - 08 1,156 26.2 91202
Theodore Roosevelt Middle School 06 - 08 801 22.3 91206
Woodrow Wilson Middle School 06 - 08 1,183 25.5 91206

High Schools near Glendale, CA

Grades Students P/T Ratio ZIP
Burbank High School 09 - 12 2,606 24.6 91502
Burroughs High School 09 - 12 2,649 24.5 91506
Glendale High School 09 - 12 2,582 25.4 91205
Herbert Hoover High School 09 - 12 1,719 24.4 91202

Ungraded Schools near Glendale, CA

Grades Students P/T Ratio ZIP
* Burbank USD Community Day School 07 - 12 24 6 91502
* Daily (Allan F.) High (Continuation) 09 - 12 244 13.8 91206
* Monterey High (Continuation) School 09 - 12 170 16.7 91506
Jewel City Community Day School 07 - 10 4 6.9 91204
Options for Youth-Burbank Charter School KG - 12 1,075 11.7 91506
Pacific Avenue - Early Bird Preschool UG - UG 0 91204

Demographics near Glendale, CA

City County
Neighborhood Type
Population 196,512 10,019,635
Population Density 6,449 2,469
Median Age 41.2 37
People per Household 2.7 2.9
Median Household Income 74,488 76,367
Average Income per Capita 41,080 37,924

Real estate near Glendale