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Six-Unit Apartment Building with Private Balconies
For Sale
$4,425,000

827 Glendale Blvd, Los Angeles, CA 90026

Townhome-style residences feature detached bungalow-style layouts, central HVAC, private outdoor areas, and in-unit laundry lines.

Property Size13,625 SF
Lot Size0.16 Acres
Price / SF$324.77
Days on Market60

Property Features for 827 Glendale Blvd

General Information

Standard status Active
Size 13,625 SF
Total Parking Spaces 12
Elevators Yes
Lot size 0.16 Acres
Property subtype Multifamily
Occupancy 100%

Financials

Asking Price $4,425,000
Cap Rate 4.37%
Gross Rent Multiplier 14.82

Units

Multifamily Units 6
Parking per Unit 2

Amenities

central HVAC
private balconies
walk-out patios
in-unit laundry
A rare, 1988-built, non-RSO, detached-style Echo Park asset priced at a structural-value basis, with strong in-place income, secured parking, and operational flexibility that older RSO comps don't.
Featuring massive 4-bed and 3-bed luxury, the layout offers zero shared walls. This detached footprint provides single-family scale with dual private balconies and expansive patios.
Infrastructure rivals new luxury builds: a highly secure 12-stall subterranean garage, storage spaces, multi-stop elevator, central HVAC, and dedicated in-unit laundry rooms for every single tenant.
Priced at just $324 per square foot, 827 Glendale Blvd presents a rare opportunity to acquire superior concrete-podium construction at a highly attractive basis. With 13,625 square feet of gross building area and upgraded electrical systems featuring new Siemens panels throughout, the asset offers investors significant structural value and long-term durability.
With three of the six units already fully remodeled to designer standards with modern fixtures, lighting, and premium appliances. The remaining three units are maintained and kept in great shape. All the units are rented
Commanding an 90 Walk Score, the property sits at the strategic nexus of Echo Park Lake, Silver Lake Reservoir, and Sunset Junction. Tenants have immediate pedestrian access to Los Angeles' most highly sought-after creative hubs, cultural landmarks, and high-end dining, ensuring perpetual tenant demand and near-zero vacancy loss.
In LA infill (Silver Lake, Echo Park), there's almost no developable land, entitlement takes years, and new construction is scarce and expensive. The scarcity itself is what holds cap rates at 4–5%. A building 10 years older in (Silver Lake, Echo Park) still sits on irreplaceable dirt with no wave of new competition.

Building Details

Building Size 13,625 SF
Year Built 1988
Units 6
Construction concrete-podium
Listing Agency:
Listed By: Ammad Ul Hassan · License #License(s): CA: 02253030
Source: Marcusmillichap
Added: Jul 3 Changed: Aug 29 Last Checked: Jul 24 at 4:21AM

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 Ammad Ul Hassan

Investment Insights

Based on property information with market context.

Built in 1988, this six-unit apartment property is arranged in a townhome-style, bungalow configuration with zero shared residential walls. The 13,625 SF building includes central HVAC, private balconies, large walk-out patios, and dedicated in-unit laundry lines. Three residences have been updated with designer finishes, custom lighting, premium appliances, and contemporary bathroom materials, while the other three are maintained in good condition. The property is identified as NON-RSO.

A fully enclosed subterranean concrete garage provides 12 gated vehicle stalls, and a multi-stop hydraulic elevator connects the parking level with the residential floors. The 7,041 SF lot is located at 827 Glendale Blvd in Los Angeles’ Echo Park area. The property has a Walk Score of 90 and is within walking distance of Echo Park Lake, the Silver Lake Reservoir loop, Sunset Junction retail, and dining destinations.

Key Highlights

  • Six apartment units in a townhome‑style bungalow layout with zero shared residential walls
  • 13,625 SF building on a 7,041 SF lot; constructed in 1988
  • 12 gated subterranean parking stalls with a 2:1 parking ratio

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Building Supply Accounting Firm Tech Support Center Law Firm

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

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,506
Businesses Nearby

Demographics for 90026, CA

63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
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 - Townhome-style residences feature detached bungalow-style layouts, central HVAC, private outdoor areas, and in-unit laundry lines.
Where is this apartment building located?
The property is located at 827 Glendale Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,425,000.
What are key features of this property?
This property features: Six apartment units in a townhome‑style bungalow layout with zero shared residential walls; 13,625 SF building on a 7,041 SF lot; constructed in 1988; 12 gated subterranean parking stalls with a 2:1 parking ratio
More about this property
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