$2,250,000

Estimated payment $13,358/month

Total Views 1,100
8 Beds
8 Baths
4,498 Sq Ft
$500 Price per Sq Ft

About This Home

The Acacia Apartments is located in the heart of Glendale, a premier city in the county of Los Angeles. The building is just a block over from Central Avenue, and all of the shopping and restaurants located all along Central Avenue and Brand Avenue. The area is the perfect blend of residential comfort and accessibility to the energetic action of the city. The apartment building consists of 4 units in total with an extremely desirable unit mix. All four units have 2 bedrooms and 1 1⁄2 bathrooms, with a townhouse style residences. The property and units have been very well maintained with a set of steady tenants. Whether an investor is looking for steady cash flow or long-term appreciation potential, the Acacia Apartments is an exceptional and rare investment opportunity.

Listing Agent

Jack Baboudjian

Baboudjian Properties Inc. Brokerage Phone: 626-657-7575 License #01372116 Listed on: 06/03/2026

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1966

Lot Details

  • 6,796 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,498 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 927
  • Assessor Parcel Number 5696024025
  • $594 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $936
  • Fuel Expense $1,768
  • Gardener Expense $1,080
  • Insurance Expense $2,988
  • Maintenance Expense $3,375
  • Trash Expense $2,698
  • Water Sewer Expense $2,961
  • New Taxes Expense $24,502
  • Operating Expense $40,309
  • Gross Income $137,820
  • Net Operating Income $97,510

Property Details

Home Type

Apartment

Year Built

Built in 1966

Lot Details

6,796 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2961.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 5696024025
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 500.22

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2698.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6796.00
  • Lot Size Acres: 0.1560

Multi Family

  • Electric Expense: 936.00
  • Fuel Expense: 1768.00
  • Gross Income: 137820.00
  • Gross Operating Income: 137820.00
  • Gross Scheduled Income: 137820.00
  • Insurance Expense: 2988.00
  • Lot Size Area: 6796.0000 Square Feet
  • Maintenance Expense: 3375.00
  • Net Operating Income: 97510.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 40309.00
  • Rent Control: Yes
  • Total Actual Rent: 11485.00
  • Total Expenses: 40309.00

Tax Info

  • New Taxes Expense: 24502.00
  • Tax Lot: 9
  • Tax Tract Number: 927
  • TaxOtherAnnualAssessmentAmount: 594.00

Map

Range of Values:

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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
2026 $12,037 $1,075,308 $750,218 $325,090
2025 $12,037 $1,054,230 $735,512 $318,718
2024 $11,727 $1,033,560 $721,091 $312,469
2023 $11,465 $1,013,295 $706,952 $306,343
2022 $11,267 $993,428 $693,091 $300,337
2021 $11,059 $973,950 $679,501 $294,449
2019 $10,640 $945,064 $659,348 $285,716
2018 $10,426 $926,534 $646,420 $280,114
2016 $9,922 $890,558 $621,320 $269,238
2015 $9,722 $877,182 $611,988 $265,194
2014 $1,632 $120,959 $35,378 $85,581
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
06/03/2026 06/03/26 For Sale $2,250,000 -- $500 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Grant Deed $860,000 Wfg Title Company
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
Open $645,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD26119236

California Regional Multiple Listing Service (CRMLS)

APN: 5696-024-025

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