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Approved 31-Unit Mixed-Use Apartment Project
For Sale
$4,399,000

1642 S Central, Glendale, CA 91204

Approved mixed-use project for 31 units, with a total building size of 40,240 sq. ft. and only 3 low-income units.

Property Size2,251 SF
Price / SF$109.32
Days on Market166

Property Features for 1642 S Central

General Information

Standard status Active
Size 2,251 SF
Property subtype Mixed Use

Site & Location

Neighborhood Tropico

Additional Details

Multifamily Units 31

Building Details

Building Size 2,251 SF
Year Built 1915
Listing Agency: SARO Realty Inc 818-268-9999 Overview Additional information MLS R ID GD26103156 Interior features Exterior features Lot Size 0.23 Acres Other property details Maintenance Expense $10,800 Garage Yes 55+/Senior Community No Truth Realty | CA DRE# 01861105 Request a tour Contact agent Request a tour Contact agent Listed by Armen Saroyan CA DRE# 01509865 with SARO Realty Inc 818-268-9999
Listed By: Armen Saroyan CA DRE# 01509865 · License #01509865
Source: Truthrealty
Added: May 12 Changed: Oct 22 Last Checked: Oct 23 at 1:45PM

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 SARO Realty Inc 818-268-9999 Overview Additional information MLS R ID GD26103156 Interior features Exterior features Lot Size 0.23 Acres Other property details Maintenance Expense $10,800 Garage Yes 55+/Senior Community No Truth Realty | CA DRE# 01861105 Request a tour Contact agent Request a tour Contact agent Listed by Armen Saroyan CA DRE# 01509865 with SARO Realty Inc 818-268-9999

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Investment Insights

Based on property information with market context.

Offered as an exclusive development opportunity, this approved mixed-use apartment project is designed for 31 units. The approval also reflects only 3 low-income units within the overall unit count. The total square footage for the building is 40,240 sq. ft.

Set in the City of Glendale, the site benefits from walkable and bikeable amenities, with a walkScore of 84 (Very Walkable), a bikeScore of 68 (Bikeable), and a transitScore of 58 (Good Transit).

Key Highlights

  • Approved mixed‑use project for 31 units in the City of Glendale
  • Total building size of 40,240 sq. ft.
  • Only 3 low‑income units included in the approved project

Property Analytics

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Open Analytics

Lease Details

31
Residential units

Location Intelligence

Trade Area within ½ mile

3,097
Businesses Nearby

Demographics for 91204, CA

17,302
Population
7,095
Households
2.4
Avg Household Size
39
Median Age
36%
College-Educated
82%
High-School Grad
1.0 sq mi
ZIP Area
17,302
Density / Sq Mi
$72,906
Median Household Income
$41,556
Median Earnings
$1,924
Median Rent
$747,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Approved mixed-use project for 31 units, with a total building size of 40,240 sq. ft. and only 3 low-income units.
Where is this apartment building located?
The property is located at 1642 S Central Glendale, CA.
What is the asking price?
The asking price for this property is $4,399,000.
What are key features of this property?
This property features: Approved mixed‑use project for 31 units in the City of Glendale; Total building size of 40,240 sq. ft.; Only 3 low‑income units included in the approved project
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