Glendale Homes with Multi Family Subtype

Glendale Homes with Multi Family Subtype

Welcome to Glendale, California—a vibrant city nestled in the heart of Los Angeles County, renowned for its rich cultural heritage, stunning mountain views, and an array of amenities that cater to every lifestyle. With its ideal location just minutes from downtown Los Angeles, Glendale offers residents a perfect blend of urban convenience and suburban charm.

One of the most appealing aspects of Glendale is its diverse housing market, particularly the availability of multi-family homes. These properties are perfect for investors looking to maximize their rental income or for families seeking to live close to one another while enjoying their own space. Multi-family homes in Glendale come in various styles, from classic Craftsman bungalows to modern apartment complexes, accommodating a range of budgets and preferences.

Living in a multi-family home in Glendale means you’re not just investing in property; you’re becoming part of a thriving community. The city boasts an array of parks, top-rated schools, and a bustling downtown area filled with shops, restaurants, and entertainment options. Whether you’re enjoying a weekend stroll through the iconic Brand Park or indulging in the vibrant arts scene, Glendale offers something for everyone.

With its strong sense of community and commitment to maintaining a high quality of life, Glendale is an ideal place to call home. Explore the multi-family housing options available today and discover the perfect property that suits your needs in this charming Californian city. Embrace the opportunity to invest in a lifestyle that balances comfort, convenience, and community spirit!

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.