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Glendale

1340 E Broadway C

About This Property

Don't miss this exceptional investment opportunity to own a 5-unit multifamily apartment building in the highly sought-after community of Glendale. This family-owned and operated property features an attractive unit mix, including one 2-bedroom/1-bath units, three 1-bedroom/1-bath units, and one 1-bath unit (Studio) all with updated electrical system. For added value, 3 of the 5 units will be delivered vacant, providing flexibility for owner-occupancy or market-rate leasing. Though the property does require some updates, the potential here is undeniable. Each unit is individually metered for gas and electricity, enhancing efficiency and ease of management. The property is conveniently located near public transportation, schools, shopping, and major freeways, making it highly desirable for renters.

Neighborhood

This property is located in Glendale. Want to learn more about the area?

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Listing courtesy of LA Citywide Properties, LLC

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$1,500,000

Est. Monthly Payment

$9,585/mo

20% down · 6.5% rate · 30yr

Run the Numbers

Listing Agent

Judd Matsunaga

LA Citywide Properties, LLC