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404 Lincoln Ave 14 Unit Apartment Building $5,399,000 ($385,643/Unit) Glendale, CA 91205
Investment Highlights
- Well maintained 14 unit residential income property with controlled access entry and secured community parking.
- Prime Glendale location near shopping, dining, and convenient access to the 134 and 2 freeways.
- Strong value add opportunity with low current rents and in unit washer and dryer in every unit.
Executive Summary
Investors Dream! An incredible Residential Income property in Glendale is all that you have been waiting for. All units have a washer/dryer. LOW RENTS, which is a great upside for this investment. This is a well-kept 14 unit building that features a nice secured community parking structure and a controlled accessed entry. The units have wonderful open floorplans with laminate flooring, storage space, plus central AC and Heating. Glendale Unified School District. Amazing location. A short distance from Target, Ralphs, Sprout Farmers Market, In-N-Out Burger and more. Close to the 134 and 2 freeways.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $5,399,000 | Building Class | C |
| Price Per Unit | $385,643 | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 16,722 SF |
| No. Units | 14 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1990 |
| Apartment Style | Low-Rise | Parking Ratio | 1.5/1,000 SF |
| Zoning | LAR1 | ||
| Price | $5,399,000 |
| Price Per Unit | $385,643 |
| Sale Type | Investment |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 16,722 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1990 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | LAR1 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Kitchen
Site Amenities
- Controlled Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 12 | - | - |
| 3+2 | 2 | - | - |
1 1
Walk Score®
Very Walkable (84)
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,743,965 | |
| Land Assessment | $100,115 | Total Assessment | $1,844,080 |
Property Taxes
Parcel Numbers
Land Assessment
$100,115
Improvements Assessment
$1,743,965
Total Assessment
$1,844,080
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404 Lincoln Ave
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