$5,000,000

Estimated payment $28,580/month

Total Views 206
36 Beds
36 Baths
21,020 Sq Ft
$238 Price per Sq Ft

About This Home

Exceptional 18-unit multifamily investment opportunity in one of Glendale's most desirable rental markets. Located on a quiet residential street near Downtown Glendale, The Americana at Brand, Glendale Galleria, major employment centers, dining, shopping, and transportation corridors, this property offers investors a rare combination of stable income and long-term upside potential. The property consists of 18 well-positioned apartment units situated on a generously sized lot with ample parking and strong tenant demand. Glendale continues to be one of Southern California's most sought-after rental markets due to its strong demographics, limited housing supply, and proximity to major employers throughout Los Angeles, Burbank, Pasadena, and the San Fernando Valley. Investors will appreciate the opportunity to enhance cash flow through strategic management, rental adjustments, and future property improvements. Whether you are seeking a stable income-producing asset, a value-add opportunity, or a long-term wealth preservation investment, this property offers exceptional potential. Conveniently located near major freeways, public transportation, entertainment, retail, and employment centers, this property represents a rare opportunity to acquire a sizeable multifamily asset in a highly desirable Glendale location. Buyer to independently verify all information including unit count, square footage, rents, expenses, permits, zoning, and development potential.

Listing Agent

Sokrat Arzumanyan

Beverly & Company Luxury Properties License #01901158 Listed on: 08/14/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 17,843 Sq Ft Lot
  • Lot Dimensions are 96x185

Interior Spaces

  • 21,020 Sq Ft Home
  • Multi-Level Property

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 36 Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • 18 Units

Listing and Financial Details

  • Assessor Parcel Number 5644-010-036

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.41 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 21020
  • Lot Acreage: 0.4096
  • Lot Dimensions: 96x185
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 36
  • Total Bathrooms: 36.00
  • Price Per S Q F T: 237.87

Exterior Features

  • Other Structures: None

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 82.20
  • Assessed Improvement Value: 822448
  • Assessed Land Percent: 17.8
  • Assessed Land Value: 178133
  • Total Assessed Value: 1000581
  • Assessor Parcel Number: 5644-010-036
  • Lot Size Area: 17843

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 27.00
  • Number Of Units: 18
  • Type Of Units: Apartments

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $13,176 $1,000,581 $178,133 $822,448
2024 $13,008 $980,963 $174,641 $806,322
2023 $12,760 $961,729 $171,217 $790,512
2022 $12,553 $942,872 $167,860 $775,012
2021 $12,228 $924,385 $164,569 $759,816
2020 $12,061 $914,908 $162,882 $752,026
2019 $11,814 $896,970 $159,689 $737,281
2018 $29,492 $879,383 $156,558 $722,825
2016 $10,596 $845,237 $150,480 $694,757
2015 $10,406 $832,542 $148,220 $684,322
2014 $10,447 $816,235 $145,317 $670,918
Source: Public Records

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 Prior Sale
08/14/2026 08/14/26 For Sale $5,000,000 0.0% $238 / Sq Ft
07/15/2026 07/15/26 Off Market $5,000,000 -- --
07/15/2026 07/15/26 For Sale $5,000,000 0.0% $238 / Sq Ft
06/15/2026 06/15/26 Off Market $5,000,000 -- --
06/11/2026 06/11/26 For Sale $5,000,000 -3.8% $238 / Sq Ft
10/03/2025 10/03/25 Sold $5,200,000 -18.1% $247 / Sq Ft View Prior Sale
08/07/2025 08/07/25 Pending -- -- --
07/25/2025 07/25/25 For Sale $6,350,000 -- $302 / Sq Ft
Source: The MLS

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 $5,200,000 Stewart Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- North American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Orange Coast Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

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
Previous Owner $500,000 Construction
Previous Owner $180,000 New Conventional
Previous Owner $3,850,000 New Conventional
Previous Owner $1,300,000 Commercial
Previous Owner $300,000 Commercial
Previous Owner $2,275,000 Commercial
Previous Owner $2,200,000 Commercial
Previous Owner $1,500,000 Commercial
Previous Owner $150,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 26846403

The MLS
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