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Stabilized Six-Unit Multifamily Opportunity
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2618 Glendale, Los Angeles, CA 90039

Six-unit property with four 2-bedroom units and two newly built ADUs, separately metered for straightforward operations.

Property SizeContact for details
Days on Market49

Property Features for 2618 Glendale

General Information

Standard status Active
Property subtype Multifamily
Zoning Appraiser

Building Details

Buildings 2
Units 6
Listing Agency: Homesmart Evergreen Realty
Listed By: Ann Marie Uy · License #01712288
Source: Crexi
Added: Jul 1 Changed: Aug 8 Last Checked: Aug 18 at 11:46AM

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 Homesmart Evergreen Realty

Investment Insights

Based on property information with market context.

This stabilized six-unit multifamily property includes a front building with four units and two newly constructed ADUs in the rear, completed in 2024. The unit mix is comprised of four 2-bedroom units and two 1-bedroom units. Two of the front units have been renovated with new cabinetry, updated flooring, and in-unit laundry. The rear ADUs offer modern layouts and low-maintenance new construction.

The property is located along Glendale Boulevard in Silver Lake, near Whole Foods and a variety of popular restaurants and coffee shops. Ownership has maintained the building, and the site is also positioned near Ivanhoe Elementary School and John Marshall High School.

For investors or owner-operators seeking a small, manageable income asset, the separate metering structure may support cleaner utility administration: gas and electricity are fully separately metered, and water is separately metered for the ADUs. The front building water can be possibly implemented via RUBS, and the overall configuration offers a straightforward path to modernize additional space where needed. The current residential setup is well-suited to tenants looking for 1-bedroom and 2-bedroom options within a mixed front-and-rear arrangement.

Key Highlights

  • Stabilized six‑unit multifamily at 2618 and 2616 Glendale Blvd with four 2‑bedroom units and two 1‑bedroom units
  • Rear ADUs completed in 2024 with modern layouts and newly constructed, low‑maintenance design
  • Two front units renovated with new cabinetry, updated flooring, and in‑unit laundry

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Barber Shop Pet Store Computer & Electronic Repair Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,961
Businesses Nearby

Demographics for 90039, CA

28,059
Population
13,332
Households
2.1
Avg Household Size
40
Median Age
57%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
7,794
Density / Sq Mi
$105,578
Median Household Income
$56,121
Median Earnings
$2,149
Median Rent
$1,202,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit property with four 2-bedroom units and two newly built ADUs, separately metered for straightforward operations.
Where is this apartment building located?
The property is located at 2618 Glendale Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,690,000.
What are key features of this property?
This property features: Stabilized six‑unit multifamily at 2618 and 2616 Glendale Blvd with four 2‑bedroom units and two 1‑bedroom units; Rear ADUs completed in 2024 with modern layouts and newly constructed, low‑maintenance design; Two front units renovated with new cabinetry, updated flooring, and in‑unit laundry
(310) 779-1065 Call to check price and availability
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