300 E Garfield Ave Glen Dale, CA 91205
Mariposa NeighborhoodEstimated payment $14,263/month
Highlights
- No HOA
- Laundry Room
- Central Air
- Horace Mann Elementary School Rated A-
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 Room
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
| 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 | $19,840 | $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
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/06/2026 04/06/26 | For Sale | $2,395,000 | -- | $379 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD26073600
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Ask me questions while you tour the home.