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1113 Linden Ave 5 Unit Apartment Building $1,400,000 ($280,000/Unit) 5.93% Cap Rate Glendale, CA 91201



INVESTMENT HIGHLIGHTS
- First Time Ever for Sale!
- Excellent Glendale Location- North of Glenoaks!
- Built in 1924, on a 6,363 SF lot with 3,376 SF of total building area
- 5 Unit Apartment Building- Delivered 100% Vacant!
- Landlord Friendly City Only Subject to State Rent Control
- Four 1+1s and One Detached 2 Bedroom House with a Yard
EXECUTIVE SUMMARY
The Sterman Multi-Family Group of Marcus & Millichap is pleased to present 1113 Linden Ave, a charming 5-unit apartment property located in the highly desirable city of Glendale, California. Built in 1924, the property consists of four (4) one-bedroom + one-bathroom units and one (1) two-bedroom + one-bathroom house, offering an attractive mix of unit types for renters seeking comfort and convenience. The buildings total approximately 3,376 square feet of gross living area and are situated
on a 6,363 square foot lot.
1113 Linden Ave is ideally positioned in a quiet residential pocket of Glendale, just minutes from the city’s bustling commercial corridors. Residents enjoy close proximity to premier retail and entertainment destinations such as The Americana at Brand, Glendale Galleria, and a wide array of restaurants, cafes, and neighborhood amenities. The property also offers convenient access to Burbank, Pasadena, and Eagle Rock, as well as major freeways including the 134, 2, and 5, ensuring seamless connectivity
throughout the greater Los Angeles area.
This offering provides investors with the rare opportunity to acquire a well-located multifamily asset in one of Los Angeles County’s most stable rental markets. The property’s strong unit mix, charming 1920s architecture, and continued rental demand make it an attractive long-term investment with potential for value appreciation through interior renovations and operational improvements.
on a 6,363 square foot lot.
1113 Linden Ave is ideally positioned in a quiet residential pocket of Glendale, just minutes from the city’s bustling commercial corridors. Residents enjoy close proximity to premier retail and entertainment destinations such as The Americana at Brand, Glendale Galleria, and a wide array of restaurants, cafes, and neighborhood amenities. The property also offers convenient access to Burbank, Pasadena, and Eagle Rock, as well as major freeways including the 134, 2, and 5, ensuring seamless connectivity
throughout the greater Los Angeles area.
This offering provides investors with the rare opportunity to acquire a well-located multifamily asset in one of Los Angeles County’s most stable rental markets. The property’s strong unit mix, charming 1920s architecture, and continued rental demand make it an attractive long-term investment with potential for value appreciation through interior renovations and operational improvements.
PROPERTY FACTS In Escrow
| Price | $1,400,000 | Apartment Style | Low-Rise |
| Price Per Unit | $280,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 5.93% | Building Size | 3,376 SF |
| Gross Rent Multiplier | 10.61 | Average Occupancy | 0% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | Parking Ratio | 1.48/1,000 SF |
| Zoning | GLR4* | ||
| Price | $1,400,000 |
| Price Per Unit | $280,000 |
| Sale Type | Investment |
| Cap Rate | 5.93% |
| Gross Rent Multiplier | 10.61 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,376 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1924 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | GLR4* |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 5621-035-028 | Improvements Assessment | $176,090 |
| Land Assessment | $196,809 | Total Assessment | $372,899 |
PROPERTY TAXES
Parcel Number
5621-035-028
Land Assessment
$196,809
Improvements Assessment
$176,090
Total Assessment
$372,899
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1113 Linden Ave
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