300 E Garfield Ave Glen Dale, CA 91205
Mariposa NeighborhoodEstimated payment $14,673/month
Highlights
- No HOA
- Horace Mann Elementary School Rated A-
- Central Air
About This Home
Exceptional investment opportunity in the heart of Glendale! This well-maintained 8-unit multifamily property offers an impressive unit mix consisting of one 3-bedroom/2-bath unit with a private 1-car garage, one 2-bedroom/1-bath unit, five 1-bedroom/1-bath units, and one studio unit with an attached garage. The property has had no vacancies for many years, reflecting its strong rental stability and desirable location. Recent capital improvements include a brand-new roof, new gutters, and copper plumbing throughout—minimizing maintenance needs and maximizing long-term value. Five tenants currently participate in the Section 8 program, providing consistent income and excellent tenant retention. Next rent increases take effect on June 1, 2026, presenting an immediate upside for investors. With very low operating expenses and a solid rental history, this property is a turn-key addition to any multifamily portfolio. Conveniently located near shops, restaurants, and major freeways, 300 E Garfield Ave offers lasting appeal in one of Glendale’s most in-demand rental markets.
Listing Agent
Silver Spoon Properties Brokerage Email: ray@silverspooninvestments.com License #01372779 Listed on: 04/06/2026
Co-Listing Agent
Silver Spoon Properties Brokerage Email: ray@silverspooninvestments.com License #02190628
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1966
Lot Details
- 7,502 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 6,326 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 10 Bedrooms
- 9 Bathrooms
Utilities
- Central Air
- Private Water Source
Listing and Financial Details
- Legal Lot and Block 5 / 1
- Assessor Parcel Number 5641016005
- $783 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 8 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $9,756
- Professional Management Expense $7,200
- Trash Expense $3,696
- Water Sewer Expense $5,712
- New Taxes Expense $29,938
- Operating Expense $22,614
- Gross Income $160,860
- Net Operating Income $103,358
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 | $19,942 | $1,765,232 | $784,547 | $980,685 |
| 2024 | $19,840 | $1,730,620 | $769,164 | $961,456 |
| 2023 | $19,403 | $1,696,687 | $754,083 | $942,604 |
| 2022 | $19,076 | $1,663,420 | $739,298 | $924,122 |
| 2021 | $18,736 | $1,630,804 | $724,802 | $906,002 |
| 2019 | $18,038 | $1,582,436 | $703,305 | $879,131 |
| 2018 | $17,697 | $1,551,409 | $689,515 | $861,894 |
| 2016 | $16,827 | $1,491,169 | $662,742 | $828,427 |
| 2015 | $16,492 | $1,468,771 | $652,787 | $815,984 |
| 2014 | $13,732 | $1,195,401 | $569,272 | $626,129 |
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 |
|---|---|---|---|---|
| 04/06/2026 04/06/26 | For Sale | $2,395,000 | -- | $379 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | $1,190,011 | Lawyers Title Company | |
| Corporate Deed | $378,000 | -- |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Previous Owner | $773,500 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD26073600
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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