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328 W California Ave 4 Unit Apartment Building $1,695,000 ($423,750/Unit) Glendale, CA 91203
Investment Highlights
- Fully Remodeled 4-plex
Executive Summary
Sale Notes – 328 W California Ave, Glendale, CA 91203
328 W California Ave is a four-unit multifamily property located in a desirable Glendale neighborhood. The property features a unit mix of one studio, one 1-bedroom, one 2-bedroom, and one 3-bedroom unit, all of which have been fully remodeled. The studio unit is a permitted ADU conversion, adding valuable additional rental income. The property is conveniently located near Downtown Glendale, The Americana at Brand, Glendale Galleria, and major freeways (134, 5, and 2), offering strong tenant demand and long-term investment potential. 2+2 will be delivered vacant
328 W California Ave is a four-unit multifamily property located in a desirable Glendale neighborhood. The property features a unit mix of one studio, one 1-bedroom, one 2-bedroom, and one 3-bedroom unit, all of which have been fully remodeled. The studio unit is a permitted ADU conversion, adding valuable additional rental income. The property is conveniently located near Downtown Glendale, The Americana at Brand, Glendale Galleria, and major freeways (134, 5, and 2), offering strong tenant demand and long-term investment potential. 2+2 will be delivered vacant
Property Facts
| Price | $1,695,000 | Apartment Style | Low-Rise |
| Price Per Unit | $423,750 | Building Class | C |
| Sale Type | Investment | Building Size | 2,711 SF |
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1922 |
| Price | $1,695,000 |
| Price Per Unit | $423,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 2,711 SF |
| Average Occupancy | 75% |
| No. Stories | 1 |
| Year Built | 1922 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,968 | - |
| 2+2 | 1 | - | - |
| 3+2.5 | 1 | $3,370 | - |
1 1
Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5637-007-009 | Improvements Assessment | $386,388 |
| Land Assessment | $585,619 | Total Assessment | $972,007 |
Property Taxes
Parcel Number
5637-007-009
Land Assessment
$585,619
Improvements Assessment
$386,388
Total Assessment
$972,007
Contacts
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Jason Trueblood -
Casey Montoya-Carrigan -
Trumark Real Estate Management & Services
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