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, where urban sophistication meets suburban charm. Known for its picturesque neighborhoods, diverse community, and thriving cultural scene, Glendale offers a unique blend of amenities that make it an ideal place to call home.

As you explore the real estate landscape in Glendale, you'll discover a variety of housing options, including homes with a multi-family subtype. These properties are perfect for investors seeking rental income or families looking to accommodate extended relatives while maintaining their own space. Multi-family homes in Glendale typically feature well-designed layouts, providing both privacy and communal areas for gatherings and shared experiences.

The city boasts excellent schools, lush parks, and a plethora of shopping and dining options, making it an attractive choice for families and young professionals alike. Enjoy a leisurely stroll through the charming downtown area, where you can find an array of boutiques, cafes, and cultural attractions such as the historic Alex Theatre and the Glendale Galleria.

Glendale’s prime location also offers convenient access to major freeways, making commutes to nearby areas like Burbank, Pasadena, and downtown Los Angeles a breeze. With its rich history, friendly atmosphere, and diverse real estate opportunities, Glendale is not just a place to live—it's a community where you can thrive.

Whether you’re in the market for a multi-family home to invest in or a cozy residence to start your next chapter, Glendale is ready to welcome you with open arms. Explore the possibilities today!

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.