1600 E Broadway Glendale, CA 91205
Citrus Grove NeighborhoodEstimated payment $29,765/month
Highlights
- Golf Course Community
- Foothills
- Laundry Facilities
- Hiking Trails
- Forced Air Heating System
About This Home
We are pleased to introduce for acquisition for the first time in 40 years, the Broadway Studios, 18 units located in Glendale with a WalkScore of 84.
The property offers investors meaningful scale at an attractive basis in one of the most supply-constrained multifamily markets in Los Angeles County.
The offering combines strong current yield with long-term positioning in a highly walkable Glendale location, approximately 1.5 miles from The Americana at Brand, and walking distanceto In-N-Out Burger, Glendale Adventist Hospital & Glendale High School.
A compelling opportunity to acquire scale in one of Glendale’s most established rental markets, at quite possibly the lowest entry price per unit offering.
• $4,450,000 Asking Price
• $247,222 Per Unit
• 5.66% Cap Rate
• 11,316 SF Building
• Spacious Floorplans
• Walk Score: 84
Listing Agent
Keller Williams World Media Center Brokerage Email: info@alexanianadvisors.com License #00911091 Listed on: 09/28/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 7,468 Sq Ft Lot
- 1 Common Wall
- Density is 16-20 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 11,316 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- Unit 1 Bedrooms: 0
- 18 Full Bathrooms
- Unit 1 Bathroom: 1
Utilities
- Forced Air Heating System
- Private Water Source
- Private Sewer
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 449
- Assessor Parcel Number 5680027009
- $1,171 per year additional tax assessments
Community Details
Overview
- 18 Units
- Foothills
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Hiking Trails
- Bike Trail
Building Details
- 19 Separate Electric Meters
- 19 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $101,128
- Gross Income $30,035
- Net Operating Income $252,084
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/28/2026 09/28/26 | For Sale | $4,450,000 | -- | $393 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR26210960
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Ask me questions while you tour the home.