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$ 2,950,000
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1344 E Broadway Glendale, CA 91205
8,049 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26186740
HOA Y/N No
Year Built 1982
Lot Size 8,049 Sqft
Property Sub-Type Multi Family
Property Description
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.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplace No
Laundry Common Area
Building
Lot Description 0-1 Unit/Acre
Story 3
Water Public
Others
Tax ID 5680002031
Special Listing Condition Standard
Listed by Sean Madadian Magic Realty 818-635-3500, DRE #01066622
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