Share This Listing

Message

931 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Seller Financing Available! 1001 E Acacia Ave 11 Unit Apartment Building $3,195,000 ($290,455/Unit) 5.80% Cap Rate Glendale, CA 91205

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Gross Rental Income: $254,124
  • Occupancy: 100%
  • ADU Potential
  • Parking: 9 designated spaces
  • Rent Control: Not subject to Los Angeles city rent control

EXECUTIVE SUMMARY

Exclusive Investment Opportunity: 1001 E Acacia Ave – Glendale, CA 91205
IKON Properties is pleased to present 1001 E Acacia Ave, a well-maintained multifamily asset located in the heart of Glendale—one of Southern California’s most stable and sought-after rental markets. This charming corner-lot property features a collection of spacious, well-kept units with strong in-place rents and significant upside potential. With on-site parking, laundry facilities, and classic architecture that reflects the character of the neighborhood, the property offers investors a turnkey opportunity with long-term growth prospects.
1001 E. Acacia is an exceptional multifamily property located in the trendy Adams Hills area of Glendale, California. This fully occupied asset consists of 11 units, featuring 10 one-bedroom, one-bath apartments and 1 studio apartment, one bath.
Situated just blocks from The Americana at Brand and Glendale Galleria, the property benefits from a walkable location surrounded by premier shopping, dining, and entertainment. The neighborhood is known for its quiet residential feel while offering immediate access to major transit corridors like Brand Blvd and the 134 Freeway. Top-rated schools, local parks, and vibrant community amenities make this an attractive destination for tenants, while the consistent demand and low vacancy rates make it a dependable investment for both seasoned and first-time multifamily buyers. With value-add potential through interior renovations or additional income streams, 1001 E Acacia Ave presents an ideal opportunity to secure a foothold in one of LA County’s most desirable submarkets.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,195,000
Price Per Unit $290,455
Sale Type Investment
Cap Rate 5.80%
Gross Rent Multiplier 12.57
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 6,096 SF
No. Stories 2
Year Built 1961
Parking Ratio 1.48/1,000 SF
Zoning GLR4YY

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Online Services
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 - 446
1+1 10 - 565
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5675-030-033
Land Assessment
$1,309,742 (2025)
Improvements Assessment
$1,964,613 (2025)
Total Assessment
$3,274,355 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 35461354

  • Date on Market: 4/11/2025

  • Last Updated:

  • Address: 1001 E Acacia Ave, Glendale, CA 91205

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}