$2,998,000
$401K PRICE DROP

Estimated payment $18,659/month

Total Views 6,085
10 Beds
9 Baths
6,213 Sq Ft
$483 Price per Sq Ft

About This Home

Located ideally in the heart of Glendale is this completely remodeled and stabalized 5 unit apartment building ready to be the trophy property. The unit mix is balanced with three 2/2 units, one 3/2 unit, one 1/1 unit. The 2026 scheduled gross income is $196,753 after a modest 5% rent increase. Some of the updates include new kitchens, bathrooms, flooring, central AC & heating, laundry in each unit, paint inside and out, water heaters, 400 amp panel, plumbing. All appliances are included. 5 car detached garage. Convert all or part of the garage into an ADU or build one on top (Buyer to verify). Tenants pay for their own electricity and gas.

Listing Agent

Aram Gaboudian

Keller Williams Los Angeles License #01493911 Listed on: 06/16/2025

Keller Williams Los Angeles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 7,968 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 5 Car Garage

Interior Spaces

  • 6,213 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5642-018-049

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6213
  • Lot Acreage: 0.1829
  • Lot Dimensions: 50x150
  • Stories: 2
  • Year Built: 1931
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 9.00
  • Equipment: Dishwasher, Dryer, Refrigerator, Microwave, Washer, Range/Oven
  • Price Per S Q F T: 482.54

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Garage Spaces: 5
  • Parking Garage: Garage Is Detached
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 59.79
  • Assessed Improvement Value: 1206864
  • Assessed Land Percent: 40.21
  • Assessed Land Value: 811512
  • Total Assessed Value: 2018376
  • Assessor Parcel Number: 5642-018-049
  • Lot Size Area: 7968

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 15.70
  • Number Of Units: 5
  • Type Of Units: Attached

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 Prior Sale
10/09/2025 10/09/25 Price Changed $2,998,000 -3.3% $483 / Sq Ft
09/04/2025 09/04/25 Price Changed $3,099,999 -8.8% $499 / Sq Ft
06/16/2025 06/16/25 For Sale $3,399,000 0.0% $547 / Sq Ft
11/04/2024 11/04/24 Off Market $3,900 -- --
07/02/2024 07/02/24 Price Changed $3,900 0.0% $2 / Sq Ft
07/02/2024 07/02/24 For Rent $3,900 0.0% --
10/28/2021 10/28/21 Sold $1,940,000 +4.9% $312 / Sq Ft View Prior Sale
09/18/2021 09/18/21 For Sale $1,850,000 -- $298 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25553291

The MLS