Glendale Homes with Multi Family Subtype

Glendale Homes with Multi Family Subtype

Welcome to Glendale, California – a vibrant city that beautifully marries suburban charm with urban convenience. Nestled in the heart of Los Angeles County, Glendale boasts a rich tapestry of culture, diversity, and opportunity. With its stunning mountain views, lush parks, and a thriving downtown area, it’s no wonder that Glendale is a sought-after destination for families, professionals, and investors alike.

One of the standout features of Glendale’s real estate market is its array of multi-family homes. These properties are perfect for those looking to invest in rental opportunities or for families seeking spacious living arrangements. Multi-family homes in Glendale often offer a variety of layouts, catering to different needs, whether you’re looking for a cozy duplex or a larger apartment complex. This type of housing not only provides a chance for rental income but also fosters a sense of community, allowing residents to enjoy close-knit living while maintaining their privacy.

In addition to its appealing homes, Glendale is renowned for its excellent schools, diverse dining options, and extensive shopping experiences, including the popular Glendale Galleria and The Americana at Brand. With easy access to major freeways and public transportation, commuting to downtown Los Angeles and surrounding areas is a breeze.

Whether you’re looking to invest in a multi-family property or find your dream home, Glendale offers a unique blend of lifestyle, convenience, and opportunity. Come discover why so many are proud to call this beautiful city home!

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

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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.