Glendale Homes with Multi Family Subtype

Glendale Homes with Multi Family Subtype

Welcome to Glendale, a vibrant city located in the heart of Los Angeles County, California. Known for its diverse community, excellent schools, and beautiful neighborhoods, Glendale offers a high quality of life for residents of all ages.

If you're looking for a home in Glendale with the Multi Family Subtype, you're in luck. This bustling city provides a range of housing options, including multi-family properties that are perfect for investors or those looking to generate rental income. From duplexes to apartment buildings, Glendale's real estate market has something for everyone.

Living in a multi-family home in Glendale offers a unique opportunity to be part of a close-knit community while enjoying the benefits of shared amenities and potentially lower living costs. Whether you're interested in a multi-family property for investment purposes or as a primary residence, Glendale has options to suit your needs.

With its convenient location near major highways, top-rated restaurants, shopping centers, and outdoor recreational areas, Glendale is a fantastic place to call home. Explore the diverse real estate offerings in this dynamic city and find the perfect multi-family property to fit your lifestyle.

Newest Glendale Homes with Multi Family Subtype

$5,999,999
GD26081657 MLS Active Status
Prime value add investment opportunity in the heart of Glendale located at 1530 E Broadway. This 16 unit apartment building offers a strong in place rent roll with 15 of the 16 units currently occupied, providing immediate cash flow with a current cap rate of approximately 5.25 percent and additional upside potential. Situated on a 14,306 sq ft lot with approximately 16,000 sq ft of living space, the property features an attractive unit mix of four 3 bedroom 2 bathroom units, four 2 bedroom 2 bathroom units, four 2 bedroom 1 bathroom units, and four 1 bedroom 1 bathroom units. The diverse unit mix supports stable tenancy while allowing for future rent growth across multiple unit types. The property includes 11 on site parking spaces, with 11 units assigned parking and 5 units without assigned parking, presenting an opportunity to increase income through parking reconfiguration or monetization. Current operations offer a solid income stream while still allowing a new owner to capture rental upside and improve overall returns. Ideally located near the 134 freeway with immediate access to major retail and employment centers including the Glendale Galleria and the Americana at Brand, the property benefits from strong rental demand and a highly desirable location. This is a rare opportunity to acquire a well located multi family asset with strong in place income, approximately 5.25% percent cap rate, and clear value add potential in one of Glendale’s most sought after rental markets.

1530 E Broadway, Glendale

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.