
1344 E Broadway Glendale, CA 91205
Citrus Grove NeighborhoodEstimated payment $21,490/month
About This Home
Unique and Prime investment opportunity to purchase 13 units built in 1982, desirable Glendale area. Pride of ownership. Current rents are about $324000 a year. Eight 1 bed 1 bath, Five single. The property is centrally located for commutes, supermarkets, restaurants and schools . Driving distance downtown Los Angeles, Burbank, Montrose, Americana and Glendale Galleria, NOHO district, Old Town Pasadena, and the Rose Parade, JPL. Local LA and Hollywood attractions include the Music Center, Disney Music Hall, and Hollywood Bowl.
This 13 units is truly one of a kind and great investment. Has copper plumbing, newer roof, updated windows, convenient coin operated laundry and wall A/C’s. Everything in this area sells quickly, priced right and will not last long in this market.
Listing Agent
Markarian Realty Brokerage Email: MarkarianRealty@gmail.com License #01059771 Listed on: 07/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,922
Year Built
- Built in 1982
Lot Details
- 8,029 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 8 Car Garage
Home Design
- Apartment
Interior Spaces
- 4,836 Sq Ft Home
- 2-Story Property
- Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 8 Bathrooms
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 5680
- Assessor Parcel Number 5680002031
- $777 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $8,400
- Fuel Expense $8,400
- Insurance Expense $9,000
- Trash Expense $3,000
- Water Sewer Expense $8,400
- Operating Expense $83,100
- Gross Income $1,200
- Net Operating Income $249,300
Additional Features
- 13 Units
- Laundry Facilities
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 | $25,922 | $2,362,270 | $1,399,865 | $962,405 |
2024 | $25,922 | $2,315,952 | $1,372,417 | $943,535 |
2023 | $25,336 | $2,270,542 | $1,345,507 | $925,035 |
2022 | $24,548 | $2,226,023 | $1,319,125 | $906,898 |
2021 | $24,126 | $2,182,376 | $1,293,260 | $889,116 |
2020 | $18,412 | $1,664,640 | $1,040,400 | $624,240 |
2019 | $17,962 | $1,632,000 | $1,020,000 | $612,000 |
2018 | $2,395 | $208,361 | $168,817 | $39,544 |
2016 | $2,278 | $200,271 | $162,262 | $38,009 |
2015 | $2,233 | $197,264 | $159,825 | $37,439 |
2014 | $2,228 | $193,401 | $156,695 | $36,706 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/30/2025 07/30/25 | For Sale | $3,499,999 | +410.9% | $724 / Sq Ft |
06/21/2018 06/21/18 | Sold | $685,000 | -23.5% | $644 / Sq Ft |
05/15/2018 05/15/18 | Pending | -- | -- | -- |
03/14/2018 03/14/18 | For Sale | $895,000 | -- | $841 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Listed On Document | |
Grant Deed | -- | None Available | |
Grant Deed | $685,000 | Lawyers Title | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | Accommodation | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $300,000 | New Conventional | |
Previous Owner | $185,000 | New Conventional | |
Previous Owner | $260,000 | Commercial | |
Previous Owner | $1,722,500 | Construction | |
Previous Owner | $300,000 | Commercial | |
Previous Owner | $100,000 | Commercial | |
Previous Owner | $1,350,000 | Commercial | |
Previous Owner | $950,000 | Construction | |
Previous Owner | $75,000 | Commercial | |
Previous Owner | $120,000 | Commercial | |
Previous Owner | $34,250 | Commercial | |
Previous Owner | $548,000 | Commercial | |
Previous Owner | $325,000 | Unknown | |
Previous Owner | $175,000 | Unknown |
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25167588

APN: 5680-002-031
- 1313 Carlton Dr
- 1314 E Harvard St
- 1247 E Wilson Ave Unit 12
- 120 Lukens Place
- 121 Sinclair Ave Unit 241
- 241 N Verdugo Rd
- 243 N Verdugo Rd
- 1322 E California Ave
- 1015 E Wilson Ave
- 219 N Adams St Unit 8
- 1431 Dixon St
- 1455 E California Ave
- 517 Fischer St
- 232 N Belmont St
- 524 Porter St
- 420 Canyon Dr
- 1422 Rock Glen Ave Unit 210
- 335 N Adams St Unit 206
- 427 Lincoln Ave
- 1125 E Maple St Unit 6
- 1420 E Wilson Ave Unit C
- 1365 Orange Grove Ave Unit 12
- 1365 Orange Grove Ave Unit 8
- 1214 E Broadway Unit C
- 313 Fischer St Unit B
- 121 Maynard St
- 121 Maynard St
- 1435 Stanley Ave
- 1534 E Wilson Ave Unit 3
- 1142 Stanley Ave Unit 20
- 1131 Wilson Ave E Unit 203
- 1128 Stanley Ave Unit C
- 1128 Stanley Ave Unit D
- 1515 E Colorado St
- 405 S Verdugo Rd
- 421 Porter St Unit 4
- 1130 E Colorado St
- 1417 Rock Glen Ave Unit C
- 1456 1/2 E Chevy Chase Dr
- 525 Fischer St