$2,250,000

Estimated payment $14,109/month

Total Views 106
10 Beds
10 Baths
5,048 Sq Ft
$446 Price per Sq Ft

Highlights

  • Golf Course Community
  • No HOA
  • Laundry Room
  • Herbert Hoover High School Rated A-
  • Park
  • Central Heating and Cooling System

About This Home

Fantastic unit Mix!!! Well located newer construction (1985) boutique 5 unit apartment in strong rental market with limited local supply, and strong local rents. First time on market, in the same family since built in 1985. Please do not enter onto property, drive by only. All units have been updated, very generously sized units, with an average unit size over 1,000 square feet (per assr), only One 1 bedroom unit the balance are 2 bedrooms and One Three bedroom two bath unit. Rare offering in the Glendale market with no similar boutique newer properties currently being offered with same characteristics. Good rental upside for a smaller investment offering!

Listing Agent

George Issaians

Keller Williams R. E. Services Brokerage Phone: 818-426-6434 License #01110656 Listed on: 11/10/2025

Keller Williams R. E. Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 8,140 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 9 Car Garage
  • 9 Carport Spaces

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 5,048 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 4646
  • Assessor Parcel Number 5624009017
  • $941 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Park
  • Bike Trail

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $2,400
  • Insurance Expense $2,561
  • Pest Control $594
  • Water Sewer Expense $11,305
  • New Taxes Expense $25,800
  • Operating Expense $42,615
  • Gross Income $144,600
  • Net Operating Income $101,985

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Parking

9

Listing Details

  • Assessments: Yes
  • CapRate: 4.53
  • Property Attached: Yes
  • Water Sewer Expenses: 11305.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 5624009017
  • Year Built: 1985
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 445.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 9.00
  • Garage Spaces: 9.00
  • Total Parking Spaces: 18.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Common Area
  • Pest Control Expense: 594.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Golf, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8140.00
  • Lot Size Acres: 0.1869

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Multi Family

  • Gross Income: 144600.00
  • Gross Multiplier: 15.56
  • Gross Scheduled Income: 144600.00
  • Insurance Expense: 2561.00
  • Lot Size Area: 8140.0000 Square Feet
  • Net Operating Income: 101985.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Operating Expense: 42615.00
  • Rent Control: Yes
  • Total Actual Rent: 106200.00
  • Total Expenses: 42615.00

Tax Info

  • New Taxes Expense: 25800.00
  • Tax Lot: 37
  • Tax Tract Number: 4646
  • TaxOtherAnnualAssessmentAmount: 941.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 For Sale $2,250,000 -- $446 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD25257348

California Regional Multiple Listing Service (CRMLS)