$1,300,000
$200K PRICE DROP

Estimated payment $6,983/month

Total Views 2,435
4 Beds
3 Baths
1,998 Sq Ft
$651 Price per Sq Ft

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • Herbert Hoover High School Rated A-
  • Laundry Room

About This Home

Rare chance to acquire a well-located fully occupied three-unit income property in the highly desirable rental market of Glendale. Situated on a quiet residential stretch of Maple Avenue, this property features a 2-bedroom, 1-bath front house plus two detached 1-bedroom, 1-bath units in the rear—ideal for stable cash flow or future upside potential. The units are separately metered for gas and electricity, with room for increased rents through updates or repositioning. Excellent tenant appeal with off-street parking and proximity to employment centers, public transportation, and top-tier amenities including The Americana at Brand, Glendale Galleria, and major freeway access. Located in a consistently strong rental market with low vacancy rates, this property offers long-term value for investors looking to hold, improve, and grow equity. Whether you're expanding your portfolio or starting your real estate investment journey, this is a smart addition with immediate income potential.

Listing Agent

Harry Hull

Hull Homes Brokerage Phone: 818-395-8817 License #00850680 Listed on: 07/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,334

Year Built

  • Built in 1925

Lot Details

  • 7,316 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Triplex
  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,998 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 5696014021
  • $337 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,200
  • Water Sewer Expense $2,800
  • Operating Expense $4,600
  • Gross Income $48,800
  • Net Operating Income $48,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,334

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2800.00
  • Zoning: GLR4YY
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5696014021
  • Year Built: 1925
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 650.65

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Off Street
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Laundry Features: Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7316.00
  • Lot Size Acres: 0.1680

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 48800.00
  • Gross Scheduled Income: 53400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7316.0000 Square Feet
  • Net Operating Income: 48800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 4600.00
  • Rent Control: No
  • Total Actual Rent: 53400.00
  • Total Expenses: 4600.00

Tax Info

  • Tax Census Tract: 3023.02
  • Tax Lot: 39
  • TaxOtherAnnualAssessmentAmount: 337.00

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

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 $1,334 $93,678 $56,692 $36,986
2024 $1,334 $91,842 $55,581 $36,261
2023 $1,311 $90,042 $54,492 $35,550
2022 $1,288 $88,277 $53,424 $34,853
2021 $1,257 $86,547 $52,377 $34,170
2020 $1,240 $85,660 $51,840 $33,820
2019 $1,216 $83,981 $50,824 $33,157
2018 $1,101 $82,335 $49,828 $32,507
2016 $1,029 $79,140 $47,894 $31,246
2015 $1,011 $77,952 $47,175 $30,777
2014 $1,026 $76,426 $46,251 $30,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 Price Changed $1,300,000 -13.3% $651 / Sq Ft
07/29/2025 07/29/25 For Sale $1,500,000 -- $751 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $160,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD25169652

California Regional Multiple Listing Service (CRMLS)

APN: 5696-014-021