1001 S Central Ave Glendale, CA 91204
Pacific-Edison NeighborhoodEstimated payment $39,079/month
About This Home
Located in the highly desirable city of Glendale, 1001-1005 S Central Ave presents a rare mixed-use investment opportunity in one of Los Angeles County's most dynamic and supply-constrained rental markets. UPSIDE INCOME FOR ON-SITE STORAGE! Positioned on a prominent corner lot along a major thoroughfare, the property benefits from strong visibility, consistent foot and vehicle traffic, and long-term upside potential. The property features a diverse unit mix of 28 total units, including 16 singles, 10 one-bedroom/one-bath units, and 2 commercial spaces, offering investors a balanced income stream from both residential and retail components. This mix provides flexibility and stability, attracting a wide range of tenants while diversifying revenue sources. The property also includes on-site laundry facilities, an essential amenity that enhances tenant convenience and retention. Situated in a high-demand rental location, the property is surrounded by a dense population, strong employment base, and a variety of retail and dining options. Residents and commercial tenants alike benefit from close proximity to the Glendale Galleria and The Americana at Brand, two of the area's premier shopping and lifestyle destinations. The location also offers excellent accessibility with short distance to the Interstate 5, State Route 134, and State Route 2, providing convenient connectivity throughout the greater Los Angeles area. Public transportation is easily accessible via the nearby Glendale Transportation Center, further enhancing the property's appeal to tenants. With its prime Glendale location, strong mixed-use configuration, corner lot positioning, and proximity to major retail, transit, and freeway access, 1001-1005 S Central Ave represents a compelling opportunity for investors seeking stable income with long-term growth potential in a thriving urban market. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 8,101 Sq Ft Lot
Interior Spaces
- 20,355 Sq Ft Home
- 3-Story Property
- Oven or Range
Bedrooms and Bathrooms
- 10 Bedrooms
- 28 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 28 Units
Listing and Financial Details
- Assessor Parcel Number 5696-025-038
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $39,492 | $3,505,688 | $2,509,045 | $996,643 |
| 2024 | $39,492 | $3,436,950 | $2,459,849 | $977,101 |
| 2023 | $38,623 | $3,369,560 | $2,411,617 | $957,943 |
| 2022 | $37,968 | $3,303,491 | $2,364,331 | $939,160 |
| 2021 | $37,234 | $3,238,718 | $2,317,972 | $920,746 |
| 2020 | $36,707 | $3,212,510 | $2,294,205 | $918,305 |
| 2019 | $35,841 | $3,149,658 | $2,249,221 | $900,437 |
| 2018 | $35,279 | $3,088,038 | $2,205,119 | $882,919 |
| 2016 | $33,496 | $2,961,400 | $2,119,493 | $841,907 |
| 2015 | $32,830 | $2,916,918 | $2,087,657 | $829,261 |
| 2014 | -- | $2,859,780 | $2,046,763 | $813,017 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2026 04/15/26 | For Sale | $6,750,000 | -- | $332 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation | |
| Grant Deed | $2,515,000 | Chicago Title | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | Chicago Title | |
| Grant Deed | $238,181 | Chicago Title | |
| Grant Deed | -- | Chicago Title | |
| Grant Deed | -- | Chicago Title | |
| Trustee Deed | $500,000 | First American Title Guarant | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Trustee Deed | $53,482 | Southern California Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,886,250 | Commercial |
Source: The MLS
MLS Number: 26683241
APN: 5696-025-038
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