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
Attention investors! Welcome to 720 W California Ave in the vibrant city of Glendale! This triplex, which includes an additional studio unit, offers a total of 4 rental units. The property features: - One 2-bedroom, 1-bath unit - Two 1-bedroom, 1-bath units - One studio unit with a full bath Conveniently located just a short drive from Downtown Glendale, as well as the 134 and 5 freeways, and close to Griffith Park with its hiking trails, parks, and horse trails. This is an exceptional investment opportunity—don’t let it pass you by!
Courtesy: Boardwalk Properties & Investm
Courtesy: Boardwalk Properties & Investm
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.
Courtesy: William L. Lyon & Associates,
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.
Courtesy: RE/MAX ESTATE PROPERTIES
Courtesy: Coldwell Banker Realty
Courtesy: Coldwell Banker Hallmark
Courtesy: Silver Spoon Properties
Courtesy: Re/Max Tri-City
Courtesy: Hull Homes
Presenting 420 W Windsor Rd – a remarkable opportunity to acquire a rare apartment building boasting 25 units in Glendale! Nestled on a charming tree-lined street just a few blocks away from the Americana and Griffith Park, and offering a convenient commute to downtown, this meticulously maintained property was constructed in 1987 on a spacious 2.25-acre lot (totaling 19,697 SF). Comprising (9) 1-bed, 1-bath, (12) 2-bed, 2-bath, and (4) 3-bed, 2-bath units, each equipped with central AC and eight units featuring balconies, this property provides a comfortable and attractive living space. Additionally, there is an existing unpermitted 1-bed, 1-bath unit on the ground level, currently utilized by the owners as office space and storage. Under the dedicated ownership and management of the current owner for nearly three decades, the rental rates have consistently experienced an annual increase of 4-7%. For added convenience, the owner is open to assisting with management for up to a year post-closing. The pro forma cap rate of 4.1% encompasses the scheduled rent increases in 2024 and the new assessed value of $13,499,000 at a rate of 1.25%. Don’t miss out on the opportunity to purchase this exceptional building!
Exceptional investment opportunity in Glendale! This eight-unit income property is a prime asset for investors. Located in a desirable area, these units boast a combination of modern amenities and classic charm. This 8-unit building offers the pinnacle of comfort with central AC & Heat and the convenience of in-unit washer-dryers. Featuring a mix of 2-bed/2-bath units and 1-bed/1-bath units. Strong rental history and potential for increased income, this property is a promising addition to any investment portfolio. Don't miss the chance to own this well-equipped and strategically located property in Glendale. Bring in your highest best offer. Drive by only!
Courtesy: Keller Williams Realty
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.
