ActiveCommercial · sale

1344 E Broadway

Glendale, CA 91205

$2,950,000

  • 0.18 acres
  • Built 1982

Listed by Magic Realty · MLS #GD26186740

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1982.

Property size

0.18 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

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.

THE NEIGHBORHOOD

Explore the location.

1344 E Broadway, Glendale, CA 91205

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THE DETAILS

The details, all in one place.

Property type
CommercialSale
Category
Commercial
Year built
1982
Parcel
5680002031

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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1344 E Broadway, Glendale, CA 91205 · MLS #GD26186740

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Listing information

MLS #GD26186740 · California Regional MLS

Listing brokerage: Magic Realty
Listing agent: Sean Madadian

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.