$6,750,000

Estimated payment $39,079/month

10 Beds
28 Baths
20,355 Sq Ft
$332 Price per Sq Ft

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.

Listing Agent

Mike Pesci

Keller Williams Studio City License #01274379 Listed on: 04/15/2026

Keller Williams Studio City

Co-Listing Agent

James Antonucci

Keller Williams Realty-Studio City License #01822661

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

8,101 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Contact listing agents Mike Pesci - (213) 820-1335 - Mike@aplagroup.com or James Antonucci - (818) 381-6601 - James@aplagroup.com For More Information.
  • Living Area: 20355
  • Lot Acreage: 0.1860
  • Stories: 3
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 28.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 331.61

Exterior Features

  • Other Structures: None

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 28.43
  • Assessed Improvement Value: 996643
  • Assessed Land Percent: 71.57
  • Assessed Land Value: 2509045
  • Total Assessed Value: 3505688
  • Assessor Parcel Number: 5696-025-038
  • Lot Size Area: 8101

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 10.88
  • Number Of Units: 28
  • Type Of Units: Single, 1

Map

Range of Values:

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Value Increase
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: The MLS

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,886,250 Commercial
Source: Public Records

Source: The MLS

MLS Number: 26683241

The MLS

APN: 5696-025-038

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