$3,380,000

520 S Pacific Ave Glendale, CA 91204

Pacific-Edison Neighborhood

Estimated payment $21,107/month

1 Bed
10 Baths
8,634 Sq Ft
$391 Price per Sq Ft

Highlights

  • Property is near a park
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Herbert Hoover High School Rated A-
  • No HOA
  • 3-minute walk to Pacific Park & Community Center

About This Home

Exceptional 15-unit multifamily property in a prime Glendale location. Unit mix includes 11 studios (1BA), 2 one-bedrooms (1BA), and 2 two-bedrooms (1BA & 2BA), appealing to a wide tenant base. Features include an on-site laundry room and several significant capital improvements, including a new roof replacement in 2025, complete balcony inspection and required repairs, and air conditioning in all units. Units 3 and 4 have been fully modernized with central air conditioning, enhancing tenant comfort and marketability. Ideally located near Downtown Glendale, The Americana at Brand, schools, major freeway access, and directly across the street from Pacific Community Park, this property offers excellent long-term growth potential. This is a rare opportunity to acquire a well-maintained, stabilized asset in a strong Glendale rental market. 1 parcel with two separate buildings and addresses - 520 S. Pacific Ave (3 Units) and 485 Riverdale Dr (12 units)

Listing Agent

Cesar Carrillo

Coldwell Banker Realty Brokerage Phone: 626-786-3752 License #01272108 Listed on: 10/30/2025

Coldwell Banker Realty

Co-Listing Agent

Jim Lek

KO TAI REALTY Brokerage Phone: 626-786-3752 License #00696204

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 9,925 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Apartment
  • Entry on the 2nd floor
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 8,634 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 10 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Property is near a park
  • Property is near public transit

Additional Features

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

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 3023
  • Assessor Parcel Number 5696010003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 15 Units

Building Details

  • 15 Leased Units
  • 15 Separate Electric Meters
  • 15 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,127
  • Gardener Expense $2,400
  • Insurance Expense $21,005
  • Maintenance Expense $21,038
  • Pest Control $400
  • Professional Management Expense $17,410
  • Trash Expense $6,985
  • Water Sewer Expense $3,862
  • New Taxes Expense $24,606
  • Operating Expense $101,683
  • Net Operating Income $207,029

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • CapRate: 6.13
  • Professional Management Expense: 17410.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3862.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2400.00
  • Parcel Number: 5696010003
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 391.48

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Pest Control Expense: 400.00
  • Sewer: Public Sewer
  • Trash Expense: 6985.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 9925.00
  • Lot Size Acres: 0.2278

Multi Family

  • Electric Expense: 1127.00
  • Gross Scheduled Income: 308712.00
  • Insurance Expense: 21005.00
  • Lot Size Area: 9925.0000 Square Feet
  • Maintenance Expense: 21038.00
  • Net Operating Income: 207029.00
  • Number Of Separate Electric Meters: 15
  • Number Of Separate Gas Meters: 15
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 15
  • Number Of Units Total: 15
  • Operating Expense: 101683.00
  • Rent Control: No
  • Total Actual Rent: 25830.00
  • Total Expenses: 101683.00

Tax Info

  • New Taxes Expense: 24606.00
  • Tax Lot: 13
  • Tax Tract Number: 3023.02

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
10/30/2025 10/30/25 For Sale $3,380,000 -- $391 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25249875

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Glendale 91204 Pacific-Edison

520 S Pacific Ave, Glendale, CA

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California Regional Multiple Listing Service (CRMLS) 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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Cesar Carrillo
Listing Agent
Cesar Carrillo
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Coldwell Banker Realty
(747) 251-5862