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Eight-Unit Multifamily with Two-Bedroom Units

1004 E Garfield Ave Glendale, CA 91205

Claim this Listing
For Sale
$2,800,000

MULTI_FAMILY - Glendale, CA

Property size:
7,578 SF
Lot size:
0.20 Acres
Price / SF:
$369.49/SF
Added:
Jun 29, 2026
Days on Market:
16
Last Refresh:
Jul 14 at 10:06 am

Property Features for 1004 E Garfield Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
GLR4YY
Bedrooms
16
Bathrooms
16
Rooms
Bedroom 4, Bedroom 7, Bedroom 13, Bedroom 1, Bedroom 14, Bedroom 10, Bathroom 6, Bathroom 11, Bathroom 8, Bedroom 6, Bedroom 2, Bathroom 15, Bedroom 16, Bedroom 5, Bathroom 16, Bathroom 5, Bathroom 12, Bathroom 14, Bedroom 3, Bathroom 1, Bathroom 9, Bathroom 4, Bedroom 15, Bathroom 2, Bedroom 8, Bedroom 9, Bathroom 13, Bathroom 10, Bathroom 3, Bedroom 11, Bathroom 7, Bedroom 12
Parking features
Carport, Assigned
Standard status
Active
APN
5675-030-031
Size
7,578 SF
Lot size
0.20 Acres

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1987
Number of units
8

Listing agent Andy Anubhav Kawatra License #01881930

Listing office Equity Union 13400 Ventura Blvd., Sherman Oaks, CA

Listing date Jun 29, 2026

MLS# 26853505 Listing URL

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located at 1004 E Garfield Ave in Glendale, California, this 1987-built multifamily property contains eight apartments and offers an all–two-bedroom unit mix. The improvements total approximately 7,578 square feet, set on an approximately 8,276-square-foot lot. The offering is presented as an income-producing asset with an in-place cap rate of approximately 5.50% and a current gross rent multiplier (GRM) of 11.90.

The current asking price is $2,800,000. The investment profile cited in the listing emphasizes the property’s larger unit configurations and its fit within the Glendale rental market, where the remarks note sustained renter demand and consistent rental appreciation.

For buyers seeking a residential income property with a straightforward, all-two-bedroom configuration, this eight-unit building provides a compact portfolio size and a single-unit type approach within the Glendale submarket.

Key Highlights

  • 8‑unit multifamily property at 1004 E Garfield Avenue in Glendale, CA
  • Built in 1987 and offered with all units as spacious 2‑bedroom layouts
  • Approximately 7,578 SF of improvements on an 8,276 SF lot

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $277.4k $36.60
− Vacancy −$18.0k −$2.38
EGI $259.3k $34.22
− OpEx −$116.7k −$15.40
NOI $142.6k $18.82
7,578 SF · lease $36.60/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$2.04M
$1.78M – $2.38M (±1% cap)
NOI $142,630 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.56M
$3.99M – $5.32M (±1% cap)
NOI $319,032 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Storage Facility (Bike/Boat/Book/etc) Store Restaurant Clothing & Fashion Store Pet Grooming Service Veterinary Clinic Bed & Breakfast Supermarket Restaurant Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Built in 1987, the property features eight spacious two-bedroom apartments.
Where is this apartment building located?
The property is located at 1004 E Garfield Ave Glendale, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 8‑unit multifamily property at 1004 E Garfield Avenue in Glendale, CA; Built in 1987 and offered with all units as spacious 2‑bedroom layouts; Approximately 7,578 SF of improvements on an 8,276 SF lot
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