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$2,950,000
GD26186740 MLS ⋅ Active Status
1344 E Broadway, Glendale, CA 91205 | 5 Unit Multifamily Investment Opportunity Prime Glendale investment opportunity located at 1344 E Broadway, featuring a well positioned 5 unit multifamily apartment property in the heart of Glendale. The property consists of 2 separate buildings situated on the same parcel, offering approximately 4,836 square feet of total building area on an approximately 8,050 square foot lot. The property currently generates $23,850 in monthly rental income, providing investors with a strong in place income stream and potential for future upside. The property also includes an additional 8 units created through the division of existing units. No additional building square footage was added. For specific details regarding the additional units, unit configuration, rental income, and property layout, please contact the Listing Agent directly. Ideally located within walking distance to a variety of restaurants, shopping, entertainment, and everyday conveniences, as well as Glendale High School, The Americana at Brand, and Glendale Galleria. The central location provides convenient access to major streets, transportation, employment centers, and the many amenities Glendale has to offer. Property Highlights • 5 unit multifamily apartment property • 2 separate buildings on the same parcel • Additional 8 units created through division of existing units • No additional building square footage added • Approximately 4,836 SF total building area • Approximately 8,050 SF lot • Current rent roll of $23,850 per month • Prime central Glendale location • Walking distance to restaurants and shopping • Close proximity to Glendale High School • Minutes from The Americana at Brand and Glendale Galleria • Strong in place rental income • Excellent long term investment opportunity Please contact the Listing Agent for specific details regarding the additional 8 units, unit configuration, rental income, building layout, and other property information.

1344 E Broadway, Glendale
$2,748,900
CV26156855 MLS ⋅ Active Under Contract Status
Welcome to 1118 Western Av. in beautiful Glendale California! Capitalize on this rare multi-family property in the highly desirable Grandview neighborhood. This 10-unit apartment building features a massive 6,212 square feet of livable space situated on a sweeping 15,280 square foot lot. Built in 1950 and meticulously maintained, this value-add asset boasts an exceptional unit mix featuring 10 total bedrooms and 10 bathrooms, with spacious layouts, classic wood floors, and dedicated carports for 8 vehicles +2 uncovered spaces. Investors will love the premium location just 2 miles from downtown Burbank and major entertainment employers like The Walt Disney Studios and Warner Bros. Highly walkable and situated within minutes of 3 local shopping centers and top-tier Glendale schools. Perfect for a portfolio addition, a 1031 exchange, or a value-add renovation strategy to maximize market rents in a historically low-vacancy.

1118 Western Avenue, Glendale
$5,999,999
GD26081657 MLS ⋅ Active Status
Prime value add investment opportunity in the heart of Glendale located at 1530 E Broadway. This 16 unit apartment building offers a strong in place rent roll with 15 of the 16 units currently occupied, providing immediate cash flow with a current cap rate of approximately 5.25 percent and additional upside potential. Situated on a 14,306 sq ft lot with approximately 16,000 sq ft of living space, the property features an attractive unit mix of four 3 bedroom 2 bathroom units, four 2 bedroom 2 bathroom units, four 2 bedroom 1 bathroom units, and four 1 bedroom 1 bathroom units. The diverse unit mix supports stable tenancy while allowing for future rent growth across multiple unit types. The property includes 11 on site parking spaces, with 11 units assigned parking and 5 units without assigned parking, presenting an opportunity to increase income through parking reconfiguration or monetization. Current operations offer a solid income stream while still allowing a new owner to capture rental upside and improve overall returns. Ideally located near the 134 freeway with immediate access to major retail and employment centers including the Glendale Galleria and the Americana at Brand, the property benefits from strong rental demand and a highly desirable location. This is a rare opportunity to acquire a well located multi family asset with strong in place income, approximately 5.25% percent cap rate, and clear value add potential in one of Glendale’s most sought after rental markets.

1530 E Broadway, Glendale

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.