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1344 E Broadway
Glendale, CA 91205
Multifamily Property For Sale
·
13 Units
Executive Summary
1344 E Broadway, Glendale, CA 91205 | 5 Unit Multifamily Investment Opportunity
Prime Glendale investment opportunity located at 1344 E Broadway, featuring a well positioned 5 unit multifamily apartment property in the heart of Glendale. The property consists of 2 separate buildings situated on the same parcel, offering approximately 4,836 square feet of total building area on an approximately 8,050 square foot lot.
The property currently generates $23,850 in monthly rental income, providing investors with a strong in place income stream and potential for future upside.
The property also includes an additional 8 units created through the division of existing units. No additional building square footage was added. For specific details regarding the additional units, unit configuration, rental income, and property layout, please contact the Listing Agent directly.
Ideally located within walking distance to a variety of restaurants, shopping, entertainment, and everyday conveniences, as well as Glendale High School, The Americana at Brand, and Glendale Galleria. The central location provides convenient access to major streets, transportation, employment centers, and the many amenities Glendale has to offer.
Property Highlights
• 5 unit multifamily apartment property
• 2 separate buildings on the same parcel
• Additional 8 units created through division of existing units
• No additional building square footage added
• Approximately 4,836 SF total building area
• Approximately 8,050 SF lot
• Current rent roll of $23,850 per month
• Prime central Glendale location
• Walking distance to restaurants and shopping
• Close proximity to Glendale High School
• Minutes from The Americana at Brand and Glendale Galleria
• Strong in place rental income
• Excellent long term investment opportunity
Please contact the Listing Agent for specific details regarding the additional 8 units, unit configuration, rental income, building layout, and other property information.
Prime Glendale investment opportunity located at 1344 E Broadway, featuring a well positioned 5 unit multifamily apartment property in the heart of Glendale. The property consists of 2 separate buildings situated on the same parcel, offering approximately 4,836 square feet of total building area on an approximately 8,050 square foot lot.
The property currently generates $23,850 in monthly rental income, providing investors with a strong in place income stream and potential for future upside.
The property also includes an additional 8 units created through the division of existing units. No additional building square footage was added. For specific details regarding the additional units, unit configuration, rental income, and property layout, please contact the Listing Agent directly.
Ideally located within walking distance to a variety of restaurants, shopping, entertainment, and everyday conveniences, as well as Glendale High School, The Americana at Brand, and Glendale Galleria. The central location provides convenient access to major streets, transportation, employment centers, and the many amenities Glendale has to offer.
Property Highlights
• 5 unit multifamily apartment property
• 2 separate buildings on the same parcel
• Additional 8 units created through division of existing units
• No additional building square footage added
• Approximately 4,836 SF total building area
• Approximately 8,050 SF lot
• Current rent roll of $23,850 per month
• Prime central Glendale location
• Walking distance to restaurants and shopping
• Close proximity to Glendale High School
• Minutes from The Americana at Brand and Glendale Galleria
• Strong in place rental income
• Excellent long term investment opportunity
Please contact the Listing Agent for specific details regarding the additional 8 units, unit configuration, rental income, building layout, and other property information.
Property Facts
| Price Per Unit | $226,923 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 4,836 SF |
| No. Units | 13 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1982 |
| Apartment Style | Low-Rise | Parking Ratio | 2.27/1,000 SF |
| Building Class | C | ||
| Zoning | GLR4YY | ||
| Price Per Unit | $226,923 |
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 4,836 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1982 |
| Parking Ratio | 2.27/1,000 SF |
| Zoning | GLR4YY |
Amenities
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 5 | - | - |
| 1+1 | 8 | - | - |
Property Taxes
| Parcel Number | 5680-002-031 | Improvements Assessment | $944,520 |
| Land Assessment | $1,366,800 | Total Assessment | $2,311,320 |
Property Taxes
Parcel Number
5680-002-031
Land Assessment
$1,366,800
Improvements Assessment
$944,520
Total Assessment
$2,311,320
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