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6.3% CAP Rate. 16-unit bungalow-style apartment building situated on a large lot in prime Glendale. Listing price is under market value, offering strong upside potential for the right investor. All units are fully leased on month-to-month terms, allowing flexibility for repositioning. Property features classic California bungalow charm with potential to add private patios. Great unit mix and solid income-producing asset in a high-demand rental market. Close to schools, shopping, and transportation. 8% increase added to rent in October. Open to 1031 Exchange. Showings scheduled after offer is submitted. Drive-by only.
Property Type(s):
Residential Income
| Last Updated | 7/1/2025 | Year Built | 1950 |
|---|---|---|---|
| Community | 628 - Glendale-South of 134 Fwy | County | Los Angeles |
Additional Details
| AREA | 628 - Glendale-South of 134 Fwy |
|---|---|
| HEAT | Wall Furnace |
| LOT | 0.3623 acre(s) |
| PARKING | On Street |
| POOL DESCRIPTION | None |
| SEWER | Other |
| STORIES | 1 |
| STYLE | Bungalow |
| VIEW DESCRIPTION | None |
Location
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Listed with Tosti Incorporated
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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