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



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.
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 | Apartment Style | Low-Rise |
| Price Per Unit | $290,455 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 5.80% | Building Size | 6,096 SF |
| Gross Rent Multiplier | 12.57 | No. Stories | 2 |
| No. Units | 11 | Year Built | 1961 |
| Property Type | Multifamily | Parking Ratio | 1.48/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | GLR4YY | ||
| 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 |
1 1
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 5675-030-033 | Total Assessment | $3,274,355 (2025) |
| Land Assessment | $1,309,742 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,964,613 (2025) | Tax Year | 2024 |
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
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Seller Financing Available! | 1001 E Acacia Ave
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