1502 E Broadway Glendale, CA 91205
Citrus Grove NeighborhoodAbout This Home
Sale is a part of a 2 property portfolio with 121 Maynard: 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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 15,305 Sq Ft Lot
Interior Spaces
- 7,598 Sq Ft Home
- 2-Story Property
- Oven or Range
- Laundry Room
Bedrooms and Bathrooms
- 16 Bedrooms
- 16 Bathrooms
Parking
- 20 Parking Spaces
- Uncovered Parking
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 5680-025-011
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 | $25,116 | $2,230,251 | $1,812,085 | $418,166 |
| 2024 | $25,116 | $2,186,521 | $1,776,554 | $409,967 |
| 2023 | $24,563 | $2,143,649 | $1,741,720 | $401,929 |
| 2022 | $24,151 | $2,101,618 | $1,707,569 | $394,049 |
| 2021 | $23,725 | $2,060,411 | $1,674,088 | $386,323 |
| 2019 | $22,843 | $2,004,650 | $1,624,435 | $380,215 |
| 2018 | $22,358 | $1,965,449 | $1,592,584 | $372,865 |
| 2016 | $21,278 | $1,883,988 | $1,530,743 | $353,245 |
| 2015 | $20,854 | $1,855,689 | $1,507,750 | $347,939 |
| 2014 | $20,766 | $1,819,340 | $1,478,216 | $341,124 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2026 03/06/26 | For Sale | $3,750,000 | -- | $494 / Sq Ft |
Source: The MLS
MLS Number: 26661257
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Ask me questions while you tour the home.