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Glendale Multifamily Investment Opportunity

1530 E Broadway, Glendale, CA 91205

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For Sale

$6,349,999

16-unit apartment building in Glendale with value-add potential.

Type:Commercial

Property size:

16,000 SF

Lot size:

0.33 Acres

Price / SF:

$396/SF

HighLights

Prime Glendale location near the 134 freeway and major retail/employment centers.
Strong in‑place rent roll with 15 of 16 units occupied, providing immediate cash flow.
Value‑add opportunity with potential to increase rents and improve returns.
Approximately 5.25% cap rate.
Diverse unit mix supports stable tenancy and future rent growth.
11 on‑site parking spaces with potential for income increase.

We can help!

Listing Contact

Sean Madadian

Learn more

For Sale

$6,349,999

16-unit apartment building in Glendale with value-add potential.

Type:Commercial

Property size:

16,000 SF

Lot size:

0.33 Acres

Price / SF:

$396/SF

Added:: Apr 24, 2026
Days on Market:: 53
Last Refresh:: Apr 24 at 4:33 pm

Property Features for 1530 E Broadway

General Information

Standard status: Active
Size: 16,000 SF
Lot size: 0.33 Acres
Property subtype: Commercial

Building Details

Year Built: 1960

We can help!

Listing Contact

Sean Madadian

Listing agent Sean Madadian License #01066622

Listing office Magic Realty

Listing date Apr 24, 2026

Source Elliman

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 Magic Realty

HighLights

Prime Glendale location near the 134 freeway and major retail/employment centers.
Strong in‑place rent roll with 15 of 16 units occupied, providing immediate cash flow.
Value‑add opportunity with potential to increase rents and improve returns.
Approximately 5.25% cap rate.
Diverse unit mix supports stable tenancy and future rent growth.
11 on‑site parking spaces with potential for income increase.

Overview

Located in Glendale, this 16-unit apartment building at 1530 E Broadway presents a value-add investment opportunity. The property features a strong in-place rent roll, with 15 of the 16 units currently occupied, providing immediate cash flow. The current cap rate is approximately 5.25 percent. Situated on a 14,306 sq ft lot with approximately 16,000 sq ft of living space, the property has a unit mix of four 3-bedroom 2-bathroom units, four 2-bedroom 2-bathroom units, four 2-bedroom 1-bathroom units, and four 1-bedroom 1-bathroom units. The property includes 11 on-site parking spaces, with 11 units assigned parking and 5 units without assigned parking. The property is ideally located near the 134 freeway with immediate access to major retail and employment centers including the Glendale Galleria and the Americana at Brand.

Location Intelligence

Current Use by Public Records

Al-Barro Foundation Charitable Organization Helpless Ministries Church

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Location Insight

Map
Local Demand

City: Glendale
County: Los Angeles
State: California
Longitude: -118.230281
Latitude: 34.145852

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For sale
Apartment buildings
CA
Glendale
91205
1530 E Broadway

What type of property is this?

Apartment building - 16-unit apartment building in Glendale with value-add potential.

Where is this apartment building located?

The property is located at 1530 E Broadway Glendale, CA.

What is the asking price?

The asking price for this property is $6,349,999.

What are key features of this property?

This property features: Prime Glendale location near the 134 freeway and major retail/employment centers.; Strong in‑place rent roll with 15 of 16 units occupied, providing immediate cash flow.; Value‑add opportunity with potential to increase rents and improve returns.