Four-Unit Multifamily
For Sale
$1,395,000
1459 Stanley, Glendale, CA 91206
Two-bedroom and one-bedroom floor plans include dedicated dining areas and shared resident amenities.
Property Size3,399 SF
Days on Market34
Property Features for 1459 Stanley
General Information
Standard status
Active
Size
3,399 SF
Property subtype
Apartment
Amenities
community BBQ area
on-site shared laundry facility
Building Details
Building Size
3,399 SF
Year Built
1973
Buildings
1
Tenancy
Multi
Listing Agency:
Image Works Properties
(626) 833-9697
Listed By:
Bill Davis · License #00646622
Source:
Hopewayrealtygroup
Added: Jul 2
Changed: Aug 3
Last Checked: Aug 3 at 3:56AM
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 Image Works Properties
Investment Insights
Based on property information with market context.
This four-unit multifamily property, built in 1973, includes two 2-bedroom, 2-bath residences and two 1-bedroom, 1-bath residences. Each unit has a dedicated dining area, while recent exterior paint provides a refreshed appearance. Property amenities include a shared laundry facility, community BBQ area, easy-care yard, three private garage spaces, and additional driveway parking.
The property is located at 1459 Stanley in Glendale, California, minutes from downtown Glendale, shopping, dining, public transportation, and major commuter routes. Its unit mix supports an income-producing residential configuration, with layouts that may also accommodate an owner-user arrangement as described in the property information.
The property is located at 1459 Stanley in Glendale, California, minutes from downtown Glendale, shopping, dining, public transportation, and major commuter routes. Its unit mix supports an income-producing residential configuration, with layouts that may also accommodate an owner-user arrangement as described in the property information.
Key Highlights
- Four‑unit property with two 2‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units
- Built in 1973 with recent exterior paint
- Three private garage spaces plus additional driveway parking
Financial Insights For Multifamily LT 5
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 | $112.2k | $33.00 |
| − Vacancy | −$6.9k | −$2.04 |
| EGI | $105.2k | $30.96 |
| − OpEx | −$31.6k | −$9.29 |
| NOI | $73.7k | $21.67 |
3,399 SF · lease $33.00/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$920.9K – $1.23M
NOI $73,672 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$913.9K
$799.7K – $1.07M
NOI $63,974 @ 7.0% cap · market cap 4.59%
Theoretical Best
Specialty Retail
$2.04M
$1.79M – $2.38M
NOI $143,097 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,969
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two-bedroom and one-bedroom floor plans include dedicated dining areas and shared resident amenities.
Where is this quadplex located?
The property is located at 1459 Stanley Glendale, CA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Four‑unit property with two 2‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units; Built in 1973 with recent exterior paint; Three private garage spaces plus additional driveway parking
