Glendale CA Multi Family for Sale
$3,400,000
1157 Justin Avenue Glendale, CA 91201
- Type:
- Cluster
- Sq.Ft.:
- 7,089
- Status:
- Active
- Beds:
- 14
- Lot size:
- 0.18 Acres
- Year built:
- 1963
- Baths:
- 11.00
- MLS#:
- 24460071
ADDITIONAL INFORMATION
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.
$1,275,000
1167 Raymond Avenue Glendale, CA 91201
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.16 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- CRSR24227071
View additional info
Courtesy: Equity Union
ADDITIONAL INFORMATION
We are proud to represent this 3 unit property in Glendale. The building was constructed in 1924. Its unit mix consists of (1) 2+1 home and (2) 1+1 townhouse units. With a lot size of 6,929 square feet, the property has a total of 2,567 rentable square feet. The property is located in Glendale, which is a highly desirable rental market. As a major production center for the entertainment and animation industry, the city offers many amenities and attractions. Its residents enjoy excellent shopping and dining at the Americana at Brand, which features 75 shops and restaurants, as well an 18-plex theater. The city’s numerous high-rated restaurants and attractions earned its title as Los Angeles neighborhood of the year in Curbed magazine.
$1,695,000
1808 Glenoaks Boulevard Glendale, CA 91201
- Type:
- Apartment
- Sq.Ft.:
- 3,605
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1944
- Baths:
- MLS#:
- SB24181505
ADDITIONAL INFORMATION
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!
$2,799,999
1055 Grover Avenue Glendale, CA 91201
- Type:
- Apartment
- Sq.Ft.:
- 7,211
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- GD24186109
ADDITIONAL INFORMATION
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.
$2,175,000
1415 Cosmic Way Glendale, CA 91201
- Type:
- Apartment
- Sq.Ft.:
- 5,523
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1962
- Baths:
- MLS#:
- SR24104049
ADDITIONAL INFORMATION
REDUCED! Situated in the heart of Glendale, California, this charming 6-unit apartment complex occupies a coveted corner lot, offering both convenience and tranquility to its residents. Nestled within a vibrant neighborhood, it enjoys proximity to shopping centers, restaurants, entertainment venues, and excellent schools, making it an ideal choice for those seeking a blend of urban amenities and suburban charm. Exterior upgrades were recently done with the entire building that boasts a fresh coat of paint that revitalizes its facade, enhancing its curb appeal and creating a welcoming atmosphere for both residents and visitors alike. Additionally, a newer roof has been installed, ensuring durability and protection against the elements, thus providing peace of mind to the tenants. All windows were replaced years ago, enhancing energy efficiency and providing a contemporary look. Newer electrical panels have been installed, offering improved electrical safety and capacity for the entire complex. The property boasts central heating and air conditioning, providing comfort to all the units year-round. The building features copper plumbing throughout, known for its reliability and longevity. Interior features 5 of the 6 units were remodeled with updated kitchens, flooring, and fixtures, offering modern amenities and stylish living spaces. The installation of central heating and air conditioning offers comfort to all residents, while the copper plumbing upgrade guarantees a dependable water supply. Its corner lot positioning allows for ample natural light to flood the interiors, creating bright and airy living spaces throughout. The building offers a diverse range of floor plans to accommodate various lifestyle preferences with large patios downstairs for 4 of the units and two patios for the top 2 units. Five of the units feature spacious two-bedroom layouts, thoughtfully designed to optimize space and functionality, providing residents with comfortable living areas and ample storage options. Additionally, one unit stands out as a generously sized three-bedroom upper apartment, perfect for larger households or individuals seeking extra space for work or leisure activities and a nice patio too. This apartment complex presents an excellent investment opportunity as it offers both immediate rental income and long-term value appreciation potential. The building's prime location offers convenient access to entertainment options and other major attractions in Glendale.
$3,595,000
227 Justin Avenue Glendale, CA 91201
- Type:
- Cluster
- Sq.Ft.:
- 8,988
- Status:
- Active
- Beds:
- 14
- Lot size:
- 0.17 Acres
- Year built:
- 1957
- Baths:
- 14.00
- MLS#:
- 24391817
ADDITIONAL INFORMATION
Built in 1957, the property consists of a great unit mix of two (2) studio, one bathroom units, ten (10) one-bedroom, one bath units, and two (2) two-bedroom, one bath units. The units are spread out over 8,988 square foot of gross leasable area. The units are separately metered for gas and electricity. Individual parking spaces are located on the ground floor along with the communal laundry room. The investment is offered at an attractive cap rate along with upside in the rents. The loss-to-lease is more easily achieved with AB1482 rent control. Delivered with 2 vacant units. Please contact listing agents for offering memorandum.
$3,950,000
1119 Winchester Avenue Glendale, CA 91201
- Type:
- Apartment
- Sq.Ft.:
- 6,952
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1989
- Baths:
- MLS#:
- GD23226633
ADDITIONAL INFORMATION
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!
$3,500,000
329 THOMPSON Avenue Glendale, CA 91201
- Type:
- Cluster
- Sq.Ft.:
- 5,789
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.19 Acres
- Year built:
- 1929
- Baths:
- 5.00
- MLS#:
- 22149041
ADDITIONAL INFORMATION
One-of-a-kind property in the highly desirable Glendale Riverside Rancho! Exceptionally well-maintained fourplex with front house for the owner to privately enjoy! Beautifully and tastefully upgraded two-story front unit features four Bedrooms, two Bathrooms, new flooring, luxury Viking appliances, and a three-car garage. Three of the four units are one bedroom, one bathroom, and four parking spaces. The seller spent over $600,000 and remodeled the entire property, including the rental units. New carports, copper plumbing, new paint throughout, 20 solar panels(paid off), and washer/dryer hook-up for all units. This property is located with easy access to public transit and minutes away from Griffith Park, Ikea, Studios, Disney Imagineering, LA Equestrian Center, Downtown Burbank, coffee shops, and much more. Whether you are looking for a perfect investment or to live in one while the tenants pay for your expenses, this property is the one!
Glendale Real Estate
The median home value in Glendale, CA is $1,046,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Glendale, CA is $1,046,500. Approximately 31.47% of Glendale homes are owned, compared to 61.59% rented, while 6.95% are vacant. Glendale real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Glendale real estate agent to arrange a tour today!
Glendale, California 91201 has a population of 196,512. Glendale 91201 is less family-centric than the surrounding county with 28.38% 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 91201 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 91201 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.