$1,550,000

Estimated payment $9,511/month

1 Bed
1 Bath
3,196 Sq Ft
$485 Price per Sq Ft

About This Home

Great opportunity for added value investor in the city of Glendale. All 1+1s with significant upside in rents. New roof and electrical done recently.

Listing Agent

Levon Alexanian

Keller Williams World Media Center Brokerage Email: info@alexanianadvisors.com License #00911091 Listed on: 03/02/2026

Keller Williams World Media Center

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,231 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 3,196 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 1178
  • Assessor Parcel Number 5680005017
  • $473 per year additional tax assessments

Community Details

Overview

  • 6 Units

Recreation

  • Bike Trail

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $36,360
  • Gross Income $7,426
  • Net Operating Income $50,970

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

6,231 Sq Ft Lot

Listing Details

  • CapRate: 3.30
  • Property Attached: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5680005017
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 484.98

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6231.00
  • Lot Size Acres: 0.1430

Multi Family

  • Gross Income: 7426.00
  • Gross Multiplier: 17.30
  • Gross Scheduled Income: 89112.00
  • Lot Size Area: 6231.0000 Square Feet
  • Net Operating Income: 50970.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 36360.00
  • Rent Control: No
  • Total Expenses: 36360.00

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 1178
  • TaxOtherAnnualAssessmentAmount: 473.00

Map

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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
03/02/2026 03/02/26 For Sale $1,550,000 -- $485 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR26045215

California Regional Multiple Listing Service (CRMLS)
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