Five-Unit Apartment
For Sale
$2,100,000
1112 S Adams Street, Glendale, CA 91205
Owner-user configuration includes a two-story townhome-style residence and four rear apartments.
Property Size7,259 SF
Lot Size0.18 Acres
Price / SF$289.30
Days on Market235
Property Features for 1112 S Adams Street
General Information
Standard status
Active
Size
7,259 SF
Lot size
0.18 Acres
Property subtype
Apartment
Additional Details
Asking Price
$2,200,000
Multifamily Units
5
Amenities
Dryer
Washer
Building Details
Building Size
7,259 SF
Year Built
1987
Stories
2
Listing Agency:
Keller Williams World Media Center
Listed By:
Kirk Garabedian · License #01216376
(818) 298-8810
Source:
Kw
Added: Feb 24
Changed: Oct 16
Last Checked: Oct 16 at 7:32AM
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 Keller Williams World Media Center
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Investment Insights
Based on property information with market context.
Built in 1987, this five-unit apartment property at 1112 S. Adams Street combines an owner-user residence with four rear apartments. The primary residence spans approximately 2,300 square feet across two stories and includes three bedrooms, four bathrooms, a full kitchen, two living areas, a home office, and an oversized family room. The lower level contains all three bedrooms and three bathrooms, while the upper level provides the kitchen, additional living space, office, and fourth bathroom.
The four rear units average approximately 1,200 square feet each. The property contains approximately 7,259 square feet of building area on a 7,905 square foot lot and is located in Glendale’s Adams Square neighborhood, adjacent to Art’s Bakery. Washer and dryer amenities are included.
The four rear units average approximately 1,200 square feet each. The property contains approximately 7,259 square feet of building area on a 7,905 square foot lot and is located in Glendale’s Adams Square neighborhood, adjacent to Art’s Bakery. Washer and dryer amenities are included.
Key Highlights
- Five‑unit apartment property built in 1987
- Approximately 7,259 square feet on a 7,905 square foot lot
- Two‑story primary residence measures approximately 2,300 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,626
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,732,520
$2.7M
Cap Rate 7%
$1,951,800
$2.0M
Cap Rate 9%
$1,518,067
$1.5M
Market Conditions
NOI Build-Up for 7,259 SF
Gross rent
$265.7K $36.60/SF
− Vacancy
−$17.3K −$2.38/SF
EGI
$248.4K $34.22/SF
− OpEx
−$111.8K −$15.40/SF
NOI
$136.6K $18.82/SF
Area
Glendale, CA
Vacancy
6.50%
Lease Rate
$36.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,732,520
Cap Rate 7%
$1,951,800
Cap Rate 9%
$1,518,067
Alternative Uses
Best Use
Apartment 5plus
$1.95M
$1.71M – $2.28M
NOI $136,626 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.37M
$3.82M – $5.09M
NOI $305,602 @ 7.0% cap · market cap 14.55%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,501
Businesses Nearby
Explore this area
Business Placement
Demographics for 91205, CA
36,693
Population
14,424
Households
2.5
Avg Household Size
41
Median Age
39%
College-Educated
84%
High-School Grad
1.9 sq mi
ZIP Area
19,312
Density / Sq Mi
$59,005
Median Household Income
$42,393
Median Earnings
$1,890
Median Rent
$763,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Owner-user configuration includes a two-story townhome-style residence and four rear apartments.
Where is this apartment building located?
The property is located at 1112 S Adams Street Glendale, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Five‑unit apartment property built in 1987; Approximately 7,259 square feet on a 7,905 square foot lot; Two‑story primary residence measures approximately 2,300 square feet
