$3,750,000
Total Views 388
16 Beds
16 Baths
7,856 Sq Ft
$477 Price per Sq Ft

Highlights

  • 0.36 Acre Lot
  • Detached Carport Space
  • 3-minute walk to Carr Park
  • Laundry Room

About This Home

Sale is a part of a 2 property portfolio with 1502 Broadway: Marcus & Millichap is pleased to present The MayBro Apartment Portfolio, a thirty-two-unit multifamily investment opportunity located in the Citrus Grove neighborhood of Glendale. Offered for sale for the first time in nearly 20 years, 121 Maynard St. and 1502 E. Broadway provide an investor with the opportunity to acquire two sixteen-unit apartment buildings on separate parcels with over 15% in rental upside. Constructed in 1954, both properties are comprised of sixteen one-bedroom/one-bathroom units. The average unit sizes at both properties are almost 500 square feet, and most units have been renovated during ownership. Each property has its own on-site laundry room, and all units are separately metered for gas and electricity and have individual hot water heaters. 1502 E. Broadway provides tenants with 20 parking spaces and 121 Maynard St. provides tenants with 12 parking spaces and 12 storage units. There is also an additional owner's storage shed at the rear of 121 Maynard St. Both properties are zoned for R2250.

Listing Agent

Sevak Keshishian

Marcus & Millichap License #01887505 Listed on: 03/06/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 15,792 Sq Ft Lot

Interior Spaces

  • 7,856 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Parking

  • 12 Parking Spaces
  • Detached Carport Space

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 16 Units

Listing and Financial Details

  • Assessor Parcel Number 5680-025-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0.36 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 7856
  • Lot Acreage: 0.3625
  • Stories: 2
  • Year Built: 1954
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 16.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 477.34

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 12

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 18.75
  • Assessed Improvement Value: 418166
  • Assessed Land Percent: 81.25
  • Assessed Land Value: 1812085
  • Total Assessed Value: 2230251
  • Assessor Parcel Number: 5680-025-007
  • Lot Size Area: 15792

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 11.30
  • Number Of Units: 16
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 3.00

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $25,189 $2,230,251 $1,812,085 $418,166
2024 $25,189 $2,186,521 $1,776,554 $409,967
2023 $24,635 $2,143,649 $1,741,720 $401,929
2022 $24,223 $2,101,618 $1,707,569 $394,049
2021 $23,794 $2,060,411 $1,674,088 $386,323
2019 $22,912 $2,004,650 $1,624,435 $380,215
2018 $22,389 $1,965,449 $1,592,584 $372,865
2016 $21,305 $1,883,988 $1,530,743 $353,245
2015 $20,881 $1,855,689 $1,507,750 $347,939
2014 $20,794 $1,819,340 $1,478,216 $341,124
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2026 03/06/26 For Sale $3,750,000 -- $477 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26661231

The MLS
Your Personal Tour Guide

Ask me questions while you tour the home.