Duplex with Three-Car
For Sale
$1,050,000
1046 Sonora Avenue, Glendale, CA 91201
Separate front and rear residences offer distinct living spaces on one property.
Property Size1,593 SF
Days on Market10
Property Features for 1046 Sonora Avenue
General Information
Standard status
Active
Size
1,593 SF
Total Parking Spaces
3
Property subtype
Duplex
Site & Location
Neighborhood
Grand Central
Road Access
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Building Size
1,593 SF
Year Built
1925
Listing Agency:
Media West Realty,Inc.
Listed By:
Bryan Ochse · License #01451724
(818) 468-2228
Source:
Truthrealty
Added: Oct 14
Changed: Oct 20
Last Checked: Oct 21 at 6:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Media West Realty,Inc.
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Investment Insights
Based on property information with market context.
Built in 1925, this Glendale duplex comprises two separate homes. The front residence has two bedrooms and one bathroom, with new carpet in both bedrooms, new kitchen flooring, and fresh paint. At the rear, a one-bedroom, one-bathroom home has received previous updates. A three-car garage provides additional space for vehicles and storage, while access is available from the street and the rear alley.
The property also features an avocado tree and two residences with distinct layouts. The front home’s recent interior improvements include flooring and paint updates; the rear home is a separate one-bedroom residence.
The property also features an avocado tree and two residences with distinct layouts. The front home’s recent interior improvements include flooring and paint updates; the rear home is a separate one-bedroom residence.
Key Highlights
- Two residences: a front home with 2 bedrooms and 1 bathroom, plus a rear home with 1 bedroom and 1 bathroom
- Three‑car garage
- Street and rear alley access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,528
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,560
$690.6K
Cap Rate 7%
$493,257
$493.3K
Cap Rate 9%
$383,644
$383.6K
Market Conditions
NOI Build-Up for 1,593 SF
Gross rent
$52.6K $33.00/SF
− Vacancy
−$3.2K −$2.04/SF
EGI
$49.3K $30.96/SF
− OpEx
−$14.8K −$9.29/SF
NOI
$34.5K $21.67/SF
Area
Glendale, CA
Vacancy
6.17%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,560
Cap Rate 7%
$493,257
Cap Rate 9%
$383,644
Alternative Uses
Best Use
Multifamily LT 5
$493.3K
$431.6K – $575.5K
NOI $34,528 @ 7.0% cap · market cap 3.29%
Second Best
Apartment 5plus
$428.3K
$374.8K – $499.7K
NOI $29,983 @ 7.0% cap · market cap 2.86%
Theoretical Best
Specialty Retail
$958.1K
$838.3K – $1.12M
NOI $67,065 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,091
Businesses Nearby
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Business Placement
Demographics for 91201, CA
22,608
Population
8,570
Households
2.6
Avg Household Size
43
Median Age
34%
College-Educated
86%
High-School Grad
2.4 sq mi
ZIP Area
9,420
Density / Sq Mi
$74,980
Median Household Income
$44,444
Median Earnings
$2,034
Median Rent
$1,060,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Separate front and rear residences offer distinct living spaces on one property.
Where is this duplex located?
The property is located at 1046 Sonora Avenue Glendale, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two residences: a front home with 2 bedrooms and 1 bathroom, plus a rear home with 1 bedroom and 1 bathroom; Three‑car garage; Street and rear alley access
