520 S Pacific Avenue, Glendale, CA 91204
- $3,200,000
- Sold Price
- $3,200,000
- List Price
- $3,380,000
- Closing Date
- Jan 21, 2026
- Status
- CLOSED
- MLS#
- AR25249875
- Year Built
- 1947
- Lot Size
- 9,925
- Acres
- 0.23
- Lot Location
- Corner Lot, Near Park, Near Public Transit
- Days on Market
- 18
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
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)
Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Roof
- Composition, Shingle
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 15
- Gross Scheduled Income
- $308,712
- Operating Expense
- 101683
Listing courtesy of Listing Agent: Cesar Carrillo (cesar.carrillo@camoves.com) from Listing Office: Coldwell Banker Realty.
Listing sold by Cesar Carrillo from Coldwell Banker Realty
Mortgage Calculator
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