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1112 S Adams St 5 Unit Apartment Building $2,200,000 ($440,000/Unit) 4.07% Cap Rate Glendale, CA 91205



Investment Highlights
- Front Anchor Unit: Two-story, townhome-style residence totaling approximately 2,300 SF with 3 bedrooms and 4 bathrooms.
- Value-Add Upside: Potential to enhance returns through interior upgrades and possible ADU or unit reconfiguration of the front unit (buyer to verify).
- Oversized Income Units: 4 additional units averaging approx 1,200 SF each, configured as 2-bedroom / 2- bath residences with strong tenant appeaal.
- 1987 Construction with On Grade Parking.
Executive Summary
We are pleased to present a unique live-in plus investment opportunity at 1112 S. Adams Street, a five-unit multifamily property located in Glendale’s
desirable Adams Square neighborhood, adjacent to the well-known Art’s Bakery. The property is offered at a list price of $2,200,000, representing
approximately $440,000 per unit and $303 per square foot, with a total of 7,259 square feet of building area situated on a 7,905 square foot lot.
The property features exceptionally large units, anchored by Unit #1, a two-story, townhome-style residence totaling approximately 2,300 square feet and
configured with three bedrooms and four bathrooms. The lower level includes three bedrooms and three bathrooms, a large living room, and an oversized
family room. The upper level features a full kitchen, an additional living area, a home office, and a fourth bathroom ideal for modern live-work use.
The four rear units average approximately 1,200 square feet each, supporting strong tenant demand and stable long-term performance. For an owner-user,
rental income from the rear units can materially offset the cost of occupying Unit #1, while preserving upside through future rent growth and appreciation.
The size and configuration of Unit #1 may also provide future ADU or unit reconfiguration potential, subject to buyer verification, offering additional upside
without the complexity of full redevelopment.
desirable Adams Square neighborhood, adjacent to the well-known Art’s Bakery. The property is offered at a list price of $2,200,000, representing
approximately $440,000 per unit and $303 per square foot, with a total of 7,259 square feet of building area situated on a 7,905 square foot lot.
The property features exceptionally large units, anchored by Unit #1, a two-story, townhome-style residence totaling approximately 2,300 square feet and
configured with three bedrooms and four bathrooms. The lower level includes three bedrooms and three bathrooms, a large living room, and an oversized
family room. The upper level features a full kitchen, an additional living area, a home office, and a fourth bathroom ideal for modern live-work use.
The four rear units average approximately 1,200 square feet each, supporting strong tenant demand and stable long-term performance. For an owner-user,
rental income from the rear units can materially offset the cost of occupying Unit #1, while preserving upside through future rent growth and appreciation.
The size and configuration of Unit #1 may also provide future ADU or unit reconfiguration potential, subject to buyer verification, offering additional upside
without the complexity of full redevelopment.
Property Facts
| Price | $2,200,000 | Apartment Style | Low-Rise |
| Price Per Unit | $440,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 4.07% | Building Size | 7,259 SF |
| Gross Rent Multiplier | 15.8 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1987 |
| Property Subtype | Apartment | Parking Ratio | 1.38/1,000 SF |
| Zoning | C3, Glendale | ||
| Price | $2,200,000 |
| Price Per Unit | $440,000 |
| Sale Type | Investment |
| Cap Rate | 4.07% |
| Gross Rent Multiplier | 15.8 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,259 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | C3, Glendale |
Amenities
Unit Amenities
- Air Conditioning
- Dining Room
- Family Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+4 | 1 | - | 2,300 |
| 2+2 | 4 | - | 1,200 |
1 1
Walk Score®
Very Walkable (82)
Property Taxes
| Parcel Number | 5676-018-004 | Improvements Assessment | $284,348 |
| Land Assessment | $860,177 | Total Assessment | $1,144,525 |
Property Taxes
Parcel Number
5676-018-004
Land Assessment
$860,177
Improvements Assessment
$284,348
Total Assessment
$1,144,525
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1112 S Adams St
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