1344 E Broadway,Glendale, CA 91205
Glendale, CA 91205
Description
1344 E Broadway, Glendale, CA 91205 | 5 Unit Multifamily Investment Opportunity Prime Glendale investment opportunity located at 1344 E Broadway, featuring a well positioned 5 unit multifamily apartment property in the heart of Glendale. The property consists of 2 separate buildings situated on the same parcel, offering approximately 4,836 square feet of total building area on an approximately 8,050 square foot lot. The property currently generates $23,850 in monthly rental income, providing investors with a strong in place income stream and potential for future upside. The property also includes an additional 8 units created through the division of existing units. No additional building square footage was added. For specific details regarding the additional units, unit configuration, rental income, and property layout, please contact the Listing Agent directly. Ideally located within walking distance to a variety of restaurants, shopping, entertainment, and everyday conveniences, as well as Glendale High School, The Americana at Brand, and Glendale Galleria. The central location provides convenient access to major streets, transportation, employment centers, and the many amenities Glendale has to offer. Property Highlights 5 unit multifamily apartment property 2 separate buildings on the same parcel Additional 8 units created through division of existing units No additional building square footage added Approximately 4,836 SF total building area Approximately 8,050 SF lot Current rent roll of $23,850 per month Prime central Glendale location Walking distance to restaurants and shopping Close proximity to Glendale High School Minutes from The Americana at Brand and Glendale Galleria Strong in place rental income Excellent long term investment opportunity Please contact the Listing Agent for specific details regarding the additional 8 units, unit configuration, rental income, building layout, and other property information.
Details
| MLS # | GD26186740 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1982 |
| Days On Site | 70 |
| Listing Provided By | Magic Realty | Sean Madadian |
Features
| SQ Feet | 4,836 |
|---|---|
| Story(s) | 3 |
| Units | 13 |
| Acreage | 0.18 |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Glendale |
| Zip Code | 91205 |
| Area | 699 Not Defined |
| Listing VS Median (in 91205) | |
Price: $2,950,000 low | high Med: $399,000 sqft: 4,836 low | high Med: 520 $ / sqft: $610 low | high Med: $767 On site: 70 low | high Med: 93 | |
Market Activity 91205
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Glendale |
| Zip Code | 91205 |
| Area | 699 Not Defined |
| Listing VS Median (in 91205) | |
Price: $2,950,000 low | high Med: $399,000 sqft: 4,836 low | high Med: 520 $ / sqft: $610 low | high Med: $767 On site: 70 low | high Med: 93 | |
 | $3,450,0001418 E Wilson AvenueGlendale, CA 91206 |