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, known for its rich history, diverse culture, and stunning landscapes. With its picturesque hills and bustling urban life, Glendale offers a unique blend of suburban charm and metropolitan convenience. Residents enjoy a wealth of amenities, including beautiful parks, top-rated schools, and a thriving arts scene, making it an ideal place to call home.

For those seeking investment opportunities or a multi-generational living arrangement, Glendale boasts a variety of multi-family homes that cater to diverse lifestyles and needs. These properties range from charming duplexes to modern apartment complexes, providing flexibility for homeowners and investors alike. With the growing demand for rental units in the area, multi-family homes in Glendale represent a smart investment choice, offering potential for steady income and long-term appreciation.

Living in a multi-family home in Glendale means enjoying the benefits of community living while still having the privacy of your own space. Many of these homes feature spacious layouts, updated amenities, and proximity to local attractions such as the iconic Americana at Brand shopping center, Griffith Park, and a plethora of dining options. Whether you’re a first-time homebuyer, an experienced investor, or looking to expand your real estate portfolio, Glendale’s multi-family homes present a unique opportunity to thrive in one of California’s most desirable cities.

Explore the charm of Glendale today, and discover the perfect multi-family home that suits your lifestyle and investment goals!

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.