$3,350,000
$430K PRICE DROP

Estimated payment $20,920/month

Total Views 5,380
11 Beds
8 Baths
8,666 Sq Ft
$387 Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Level Lot

About This Home

Nestled in the heart of Glendale’s desirable 91206 zip code, this 10 unit residence offers a blend of classic charm and modern convenience. Its unit mix consists of (4) 2 bed/1 bath and (6) 1 bed/1bath units, situated on a 7534 square foot lot with 8666 rentable square feet. This property has been well maintained by a long term owner. Two of the units have been recently remodeled and the building has been updated with a newer roof, hot water heater, decking and exterior paint. The neighborhood is known for its well-maintained properties, tree-lined streets, and proximity to local amenities. Close proximity to The Americana at Brand and Glendale Galleria, residents enjoy easy access to shopping, dining, and entertainment options. The area is also well-connected to major freeways, making commuting to neighboring cities convenient.

Listing Agent

Susan Featherly

Better Homes and Gardens Real Estate Town Center Brokerage Phone: 818-823-7443 License #01445745 Listed on: 04/21/2025

Better Homes and Gardens Real Estate Town Center

Co-Listing Agent

Peter Micalchuck

Better Homes and Gardens Real Estate Town Center Brokerage Phone: 818-823-7443 License #01241899

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,537 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Front Yard Sprinklers

Home Design

  • Apartment
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 8,666 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 9 Parking Spaces
  • 5 Carport Spaces
  • Parking Available

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Legal Lot and Block 4 / 4
  • Tax Tract Number 4
  • Assessor Parcel Number 5643015031
  • $1,185 per year additional tax assessments

Community Details

Building Details

  • 10 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,320
  • Fuel Expense $2,565
  • Gardener Expense $1,200
  • Insurance Expense $4,636
  • Trash Expense $2,300
  • Water Sewer Expense $6,898
  • Operating Expense $18,919
  • Gross Income $237,060
  • Net Operating Income $214,608

Additional Features

  • 10 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 6898.00
  • Zoning: GLR4YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5643015031
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 386.57

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Trash Expense: 2300.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Sprinklers In Front
  • Lot Size Sq Ft: 7537.00
  • Lot Size Acres: 0.1730

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 1320.00
  • Fuel Expense: 2565.00
  • Gross Income: 237060.00
  • Gross Scheduled Income: 237060.00
  • Insurance Expense: 4636.00
  • Lot Size Area: 7537.0000 Square Feet
  • Net Operating Income: 214608.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 22452.00
  • Rent Control: No
  • Total Expenses: 18919.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 3020.02
  • Tax Lot: 4
  • Tax Tract Number: 4
  • TaxOtherAnnualAssessmentAmount: 1185.00

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

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2025 09/22/25 Price Changed $3,350,000 -2.9% $387 / Sq Ft
08/14/2025 08/14/25 Price Changed $3,450,000 -2.8% $398 / Sq Ft
06/09/2025 06/09/25 Price Changed $3,550,000 -4.1% $410 / Sq Ft
05/13/2025 05/13/25 Price Changed $3,700,000 -2.1% $427 / Sq Ft
04/21/2025 04/21/25 For Sale $3,780,000 -- $436 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB25087444

California Regional Multiple Listing Service (CRMLS)