405 W Broadway Glendale, CA 91204
Vineyard NeighborhoodEstimated payment $11,223/month
About This Home
Looking for a high-yield, turnkey real estate investment in Los Angeles County? This exceptional, fully renovated 5-unit income property for sale in Glendale, CA offers a rare value-add and house-hacking opportunity in a high-demand rental market. Located in a prime, walkable Glendale neighborhood, the multi-family asset consists of 4 upgraded 1-bedroom, 1-bathroom apartment units plus a fully permitted, attached 1-bedroom, 1-bathroom Accessory Dwelling Unit (ADU), combining strong immediate rental income with stellar long-term investment upside.
Every unit has undergone extensive capital improvements, featuring modern interior finishes, updated energy-efficient dual-pane windows, brand-new individual mini-split heating and cooling systems, and a newer 400-amp electrical panel to eliminate deferred maintenance costs. A standout architectural feature includes a large, private outdoor deck off one of the front upstairs units, commanding top-tier tenant demand.
With strong current rental numbers and most units conveniently sitting on flexible month-to-month leases, investors gain immediate operational flexibility to optimize the rent roll, adjust to market rates, or execute a 1031 exchange strategy. Perfectly situated just minutes from downtown Glendale’s premier employment hubs, The Americana at Brand, the Glendale Galleria, and iconic local staples like Porto’s Bakery, this low-maintenance asset delivers the perfect balance of stable cash flow and future appreciation potential. Schedule your private tour today and bring your offers!
Tenants pay for all utilities, Landlord pays for trash and sewer
Listing Agent
Coldwell Banker Realty Brokerage Phone: 8188234622 License #01929505 Listed on: 07/20/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 1955
Lot Details
- 3,489 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- On-Street Parking
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- Unit 1 Bathroom: 0
- Unit 2 Bathroom: 0
- Unit 3 Bathroom: 0
- Unit 4 Bathroom: 0
- Unit 5 Bathroom: 0
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 752
- Assessor Parcel Number 5637015024
- $315 per year additional tax assessments
Community Details
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $1,200
- Net Operating Income $89,733
Additional Features
- 5 Units
- Laundry Facilities
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 | $14,137 | $1,273,448 | $764,069 | $509,379 |
| 2024 | $13,824 | $1,248,480 | $749,088 | $499,392 |
| 2023 | $13,508 | $1,224,000 | $734,400 | $489,600 |
| 2022 | $12,840 | $1,160,000 | $700,000 | $460,000 |
| 2021 | $4,335 | $375,848 | $219,943 | $155,905 |
| 2020 | $4,273 | $371,995 | $217,688 | $154,307 |
| 2019 | $4,172 | $364,702 | $213,420 | $151,282 |
| 2018 | $4,080 | $357,552 | $209,236 | $148,316 |
| 2016 | $3,877 | $343,669 | $201,112 | $142,557 |
| 2015 | $3,799 | $338,508 | $198,092 | $140,416 |
| 2014 | $3,790 | $331,878 | $194,212 | $137,666 |
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 |
|---|---|---|---|---|
| 07/20/2026 07/20/26 | For Sale | $1,849,000 | -- | $616 / 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 | -- | Accommodation/Courtesy Recordi | |
| Deed | -- | Stewart Title Of California In | |
| Grant Deed | $950,000 | Stewart Title Of California In | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Premium Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Individual Deed | $270,000 | Progressive Title Company | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Grant Deed | $189,000 | United Title Company | |
| Trustee Deed | $301,097 | Stewart Title | |
| Trustee Deed | $12,577 | Benefit Land Title | |
| Grant Deed | -- | -- |
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 | $760,000 | New Conventional | |
| Previous Owner | $713,300 | New Conventional | |
| Previous Owner | $550,000 | New Conventional | |
| Previous Owner | $308,700 | New Conventional | |
| Previous Owner | $347,000 | Unknown | |
| Previous Owner | $350,000 | Unknown | |
| Previous Owner | $189,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF26157951
APN: 5637-015-024
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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Ask me questions while you tour the home.