1838 S Brand Blvd Glendale, CA 91204
80-unit multifamily development in Glendale, CA, delivered in 2026.
Property Features for 1838 S Brand Blvd
General Information
- Standard status
- Active
- Size
- 126,846 SF
- Lot size
- 0.63 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 2026
Listing office CBRE LA
Listing date Jan 21, 2026
Source Crexi
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 CBRE LA
Investment Insights
Based on property information with market context.
Key Highlights
- Brand new construction, delivered in 2026, offering modern design and minimal maintenance.
- Prime location on Brand Boulevard, a highly visible corner near the Americana at Brand.
- Institutional‑quality asset, a best‑in‑class multifamily development.
Local Financial Insights For Apartment 5plus
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 | $4.64M | $36.60 |
| − Vacancy | −$301.8k | −$2.38 |
| EGI | $4.34M | $34.22 |
| − OpEx | −$1.95M | −$15.40 |
| NOI | $2.39M | $18.82 |
