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1142-1148 Western Ave
Glendale, CA 91201
Multifamily Property For Sale
·
17 Units
Investment Highlights
- The property is fully occupied with 17 stabilized multifamily units, offering immediate in-place income and operational efficiency.
- Located in a high-demand Glendale neighborhood known for its excellent schools, safety, and proximity to major employment centers.
- Easy access to the 5 and 134 freeways enhances regional connectivity and tenant appeal.
- Entitlements allow for the development of up to eight Accessory Dwelling Units (ADUs), providing a clear path for future value-add potential.
- The asset is positioned within a strong rental market, supported by consistent tenant demand and long-term occupancy trends.
- Professionally managed by Trumark Real Estate Management, a firm with over 60 years of experience and a portfolio exceeding 2,000 multifamily units.
Property Facts
| No. Units | 17 | Building Size | 11,152 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1928 |
| Building Class | B | Parking Ratio | 1.26/1,000 SF |
| Lot Size | 0.54 AC | ||
| Zoning | GLR4YY - Multi-family and high density residential use | ||
| No. Units | 17 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.54 AC |
| Building Size | 11,152 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1928 |
| Parking Ratio | 1.26/1,000 SF |
| Zoning | GLR4YY - Multi-family and high density residential use |
Amenities
Unit Amenities
- Heating
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
| 6+1 | 6 | - | - |
| Studios | 5 | - | - |
Property Taxes
| Parcel Number | 5623-015-014 | Improvements Assessment | $2,101,608 |
| Land Assessment | $3,069,180 | Total Assessment | $5,170,788 |
Property Taxes
Parcel Number
5623-015-014
Land Assessment
$3,069,180
Improvements Assessment
$2,101,608
Total Assessment
$5,170,788
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