Glendale-Northwest (626) Homes with Apartment Subtype

Welcome to Glendale-Northwest (626), a vibrant and captivating neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural diversity and welcoming community, Glendale-Northwest is a place where urban convenience meets suburban charm. With its picturesque streets, lush parks, and a plethora of shopping and dining options, this area is perfect for individuals and families alike.

The real estate landscape in Glendale-Northwest is particularly appealing, especially for those interested in homes with an apartment subtype. These properties offer a unique blend of comfort and versatility, making them ideal for a variety of lifestyles. Whether you're looking for a spacious family home with rental potential or a cozy residence with an in-law suite, the homes in this area cater to diverse needs.

Living in Glendale-Northwest means you’re just minutes away from the bustling downtown area, where you can explore a myriad of restaurants, cafes, and boutiques. The local parks, such as Brand Park and Verdugo Park, provide ample opportunities for outdoor activities, from hiking to picnicking. Additionally, the community is served by excellent schools and is conveniently located near major freeways, making commuting a breeze.

With its blend of residential charm and urban amenities, Glendale-Northwest is an ideal location for anyone looking to invest in a home with an apartment subtype. Discover the potential of this dynamic neighborhood and find your perfect property today!

Newest Glendale-Northwest (626) Homes with Apartment Subtype

$5,400,000

AR26165942 MLS ⋅ Active Status

5.57% ACTUAL CAP RATE - Cash-flowing day 1 without needing to upgrade any unit! Year 2 CAP Rate is 6.35% with an annual rent increase. The 1063, a HIGH CAP Rate turnkey luxury 12-unit apartment community located in the highly desirable city of Glendale, bordered by the City of Burbank. The property offers superb location (Walkscore 86) with access to many amenities, within walking distance to IKEA Burbank, Burbank Downtown, many shopping centers, close to schools, parks, local and national retailers, dining and upscale shopping, entertainment, and easy access to freeways (5 FWY and 134 FWY). The offering is unique due to its prime location, High CAP Rate, and turnkey conditions. New owner can enjoy high quality location, asset, and good cash flow immediately without the hardships of relocating tenants and managing construction crews. 1063 Justin is a beautifully upgraded and maintained garden style apartment community built in 1963. It is a two-story walkup apartment consisting of 12 units. It offers a beautifully landscaped (drought tolerant) center courtyard common area. It offers a superb unit mix of four (4) LARGE 2 bed + 1 bath units, six (6) spacious 1 bed + 1 bath units, and two (2) Studio units. Each unit one has been fully upgraded with full electrical and plumbing upgrades (plumbing upgrade in unit), new high durability wood vinyl and tile flooring in bathroom, new windows throughout, in-unit combo washer/dryer, state of the art mini-split HVAC systems, new kitchen with quartz kitchen countertop and new kitchen cabinets and stainless-steel kitchen appliances (gas range, dishwasher, and refrigerator), and new bathrooms with new vanities, toilets, bathtubs, and name brand fixtures. The exterior upgrades include a new façade, new exterior paint and signage, new entry gate, completely redone landscaping, updated electrical, and much more! Each unit is large with an excellent layout. One of the 2bedroom unit has a private balcony. The property is separately metered for electricity and gas. The property offers a single level gated parking area with 11 parking spaces. It is serviced by a master water heater and has additional shared laundry room.

1063 Justin Avenue, Glendale

$2,395,000

BB26146026 MLS ⋅ Active Status

Well-maintained 5-unit apartment complex located above Glenoaks in one of Glendale's desirable residential neighborhoods. The property has been thoughtfully maintained and features new electrical panels, 3 of 5 units recently remodeled and a newer roof. The unit mix includes a spacious owner's unit with 3 bedrooms and 2 bathrooms, complete with a large private patio offering beautiful views. The remaining four units are well-designed 2-bedroom, 2-bathroom townhomes, each featuring private balconies that provide abundant natural light and outdoor living space. This is an excellent investment opportunity with a highly desirable unit mix, strong owner-user potential, and quality capital improvements already in place.

1148 Thompson, Glendale

$3,750,000

AR26144903 MLS ⋅ Active Status

We are is proud to offer ELM APARTMENTS – 1052 Elm Ave, a very well maintained 10-unit apartment investment located in the highly desirable City of Glendale, CA. This prime Value-Add opportunity is perfect for an experienced investor looking to acquire a superbly located apartment property and maximize its income potential. This property has been under the same ownership since 2004. The units are currently leased to mostly long-time tenants on a month-to-month agreement with below market rents. The property is two-story apartment community that was built in 1963. It is situated on a quiet, residential street surrounded by other condominium and townhome communities. It offers a superb unit mix of ALL (10) 2 bed + 1 bath units with a total of 12 parking spaces. Parking is provided by 9 marked parking spaces (8-tuck under and 1 open space) and 3 unmarked spaces in the front and the back. Each spacious unit is separately metered for gas/ electricity and the property has a common laundry area for tenants. The property has been well maintained throughout current ownership and some units have been updated with laminate wood flooring, granite or quartz kitchen countertops, refreshed kitchen cabinets, recessed lighting, smooth ceilings, windows A/C in living room, ceiling fans in bedrooms and tiled bathroom. This asset will be a great addition to any size real estate portfolio! The property is strategically situated near luxurious amenities, dining, and upscale shopping at the Glendale Galleria and Americana at Brand, and just a few miles northeast of Hollywood, known as the “Media Capital of the World” and Burbank, home to Walt Disney and Warner Bros. Studios. It is minutes to the largest Ikea in the world, Burbank Bob Hope Airport, Home Depot, Kaiser Permanente Medical Center, Department of Motor Vehicles, Costco Wholesale, and two major shopping centers. The landmark Burbank Town Center, offers more than 170 retail stores, restaurants, and entertainment venues, including Macy’s, Sears, Bed Bath & Beyond, Barnes & Noble, and AMC Theatres where surface lots and garage parking is free. The Burbank Empire Center is one Los Angeles’ largest grossing shopping centers, featuring Walmart, Target, Nordstrom Rack, Best Buy, Lowe’s, Outback Steakhouse, Olive Garden, and many more.

1052 Elm Avenue, 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.