5-Unit Apartment
New
For Sale
$2,790,000
417 W Harvard, Glendale, CA 91204
Each residence includes in-unit laundry, central HVAC, and a private balcony.
Property Size5,522 SF
Lot Size0.14 Acres
Price / SF$505.25
Days on Market4
Property Features for 417 W Harvard
General Information
Standard status
Active
Size
5,522 SF
Total Parking Spaces
8
Lot size
0.14 Acres
Property subtype
Apartment
Units
Unit Mix
3 x 2BR/1BA + 3/4BA, 1 x 2BR/2BA, 1 x 3BR/1BA + 3/4BA
Multifamily Units
5
Additional Details
Sprinkler System
Yes
Amenities
in-unit washer and dryer
laminate flooring
central HVAC
dishwasher
range
built-in microwave
private balconies
underground parking
individual storage cabinets
controlled access
surveillance cameras
separately metered gas and electricity
Building Details
Building Size
5,522 SF
Year Built
1989
Buildings
1
Stories
3
Listing Agency:
Re/Max Tri-City Realty
Listed By:
Janette Ledea · License #01480942
Source:
Archetyperealty
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 9 at 9:52PM
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 Re/Max Tri-City Realty
Investment Insights
Based on property information with market context.
Built in 1989, this tri-level apartment property contains five units within approximately 5,522 square feet on a 6,284-square-foot lot. Unit layouts vary; the two-story townhouse-style residence has three bedrooms, a walk-in closet, and is currently vacant. Each apartment has a washer and dryer, central HVAC, laminate flooring, dishwasher, range, and built-in microwave. Building features include underground parking, individual storage cabinets, controlled access, surveillance cameras, and fire sprinklers. Gas and electricity are separately metered.
The property is next to a neighborhood park and near the Glendale Galleria and The Americana at Brand. Eight parking spaces serve the building.
The property is next to a neighborhood park and near the Glendale Galleria and The Americana at Brand. Eight parking spaces serve the building.
Key Highlights
- Five units in a tri‑level building constructed in 1989
- Approximately 5,522 square feet on a 6,284‑square‑foot lot
- Vacant two‑story townhouse‑style unit with three bedrooms and a walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,933
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,078,660
$2.1M
Cap Rate 7%
$1,484,757
$1.5M
Cap Rate 9%
$1,154,811
$1.2M
Market Conditions
NOI Build-Up for 5,522 SF
Gross rent
$202.1K $36.60/SF
− Vacancy
−$13.1K −$2.38/SF
EGI
$189.0K $34.22/SF
− OpEx
−$85.0K −$15.40/SF
NOI
$103.9K $18.82/SF
Area
Glendale, CA
Vacancy
6.50%
Lease Rate
$36.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,078,660
Cap Rate 7%
$1,484,757
Cap Rate 9%
$1,154,811
Alternative Uses
Best Use
Apartment 5plus
$1.48M
$1.30M – $1.73M
NOI $103,933 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.32M
$2.91M – $3.87M
NOI $232,475 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
6,825
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Each residence includes in-unit laundry, central HVAC, and a private balcony.
Where is this apartment building located?
The property is located at 417 W Harvard Glendale, CA.
What is the asking price?
The asking price for this property is $2,790,000.
What are key features of this property?
This property features: Five units in a tri‑level building constructed in 1989; Approximately 5,522 square feet on a 6,284‑square‑foot lot; Vacant two‑story townhouse‑style unit with three bedrooms and a walk‑in closet
