Five-Unit Apartment
For Sale
$1,650,000
Pending
1316 Barrington Way, Glendale, CA 91206
Multifamily property with mixed one- and two-bedroom layouts, on-site laundry, tandem carport parking, and two vacant units.
Property Size3,740 SF
Lot Size0.11 Acres
Days on Market57
Property Features for 1316 Barrington Way
General Information
Standard status
Pending
Size
3,740 SF
Total Parking Spaces
8
Lot size
0.11 Acres
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Woodbury
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
3 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units
5
Amenities
on-site laundry
Building Details
Building Size
3,740 SF
Year Built
1959
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
Listed By:
Derrick Vartanian · License #01816119
(310) 482-2200
Source:
Milsteinestates
Added: Sep 4
Changed: Oct 25
Last Checked: Oct 28 at 2:44PM
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 Lyon Stahl Investment Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This 1959 apartment property at 1316 Barrington Way contains five units within approximately 3,740 square feet of building area on a 4,664-square-foot lot. The unit mix includes three one-bedroom/one-bathroom residences and two two-bedroom/one-bathroom residences. Two units are vacant, while the remaining apartments provide an existing tenant base. On-site amenities include laundry facilities and eight parking spaces arranged across four tandem carports. Gas and electricity are separately metered.
The property is in Glendale’s 91206 area, near Downtown Glendale, The Americana at Brand, Glendale Galleria, shopping, dining, employment centers, entertainment, and major freeways. The existing front carport area may offer the possibility of an accessory dwelling unit, subject to applicable zoning requirements and City of Glendale approvals. Buyer to verify feasibility and approvals.
The property is in Glendale’s 91206 area, near Downtown Glendale, The Americana at Brand, Glendale Galleria, shopping, dining, employment centers, entertainment, and major freeways. The existing front carport area may offer the possibility of an accessory dwelling unit, subject to applicable zoning requirements and City of Glendale approvals. Buyer to verify feasibility and approvals.
Key Highlights
- Five units with three one‑bedroom/one‑bathroom and two two‑bedroom/one‑bathroom floor plans
- Approximately 3,740 square feet of building area on a 4,664‑square‑foot lot
- Built in 1959
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,393
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,407,860
$1.4M
Cap Rate 7%
$1,005,614
$1.0M
Cap Rate 9%
$782,144
$782.1K
Market Conditions
NOI Build-Up for 3,740 SF
Gross rent
$136.9K $36.60/SF
− Vacancy
−$8.9K −$2.38/SF
EGI
$128.0K $34.22/SF
− OpEx
−$57.6K −$15.40/SF
NOI
$70.4K $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%
$1,407,860
Cap Rate 7%
$1,005,614
Cap Rate 9%
$782,144
Alternative Uses
Best Use
Apartment 5plus
$1.01M
$879.9K – $1.17M
NOI $70,393 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.25M
$1.97M – $2.62M
NOI $157,453 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
5
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,504
Businesses Nearby
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Business Placement
Demographics for 91206, CA
33,252
Population
13,767
Households
2.4
Avg Household Size
43
Median Age
47%
College-Educated
90%
High-School Grad
5.8 sq mi
ZIP Area
5,733
Density / Sq Mi
$86,684
Median Household Income
$52,517
Median Earnings
$2,159
Median Rent
$1,094,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with mixed one- and two-bedroom layouts, on-site laundry, tandem carport parking, and two vacant units.
Where is this apartment building located?
The property is located at 1316 Barrington Way Glendale, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Five units with three one‑bedroom/one‑bathroom and two two‑bedroom/one‑bathroom floor plans; Approximately 3,740 square feet of building area on a 4,664‑square‑foot lot; Built in 1959
