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 mountain views, Glendale offers a unique blend of urban convenience and suburban charm. With a population of over 200,000 residents, this dynamic city is home to a variety of attractions, including the iconic Americana at Brand shopping center, the historic Alex Theatre, and numerous parks that provide ample opportunities for outdoor recreation.

For those seeking investment opportunities or a multi-generational living arrangement, Glendale boasts an impressive selection of multi-family homes. These properties cater to a range of lifestyles, from young professionals to families looking for spacious living options. Multi-family homes in Glendale are particularly appealing due to their potential for rental income, making them a savvy choice for investors.

The architectural styles vary, offering everything from classic Craftsman bungalows to modern contemporary designs, ensuring that there’s something for everyone. With the city's excellent schools, vibrant arts scene, and convenient access to public transportation, living in a multi-family home in Glendale means enjoying the best of both worlds—community engagement and personal space.

As a resident of Glendale, you’ll experience a close-knit community atmosphere while having the bustling city of Los Angeles just a short drive away. Whether you're looking to invest or find a home for your family, Glendale’s multi-family properties are an ideal choice, combining comfort, convenience, and a thriving lifestyle in one of California's most desirable neighborhoods. Come explore the possibilities that await you in this enchanting city!

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.