Residential Income Property with Tandem
835 Pepper Way, Glendale, CA 91205
For Sale
Contact for pricing
Glendale, CA
Property Size900 SF
Lot Size0.24 Acres
Price / SF$3.17
Days on Market110
Property Features for 835 Pepper Way
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Fireplace
Appliances
Lot features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
central air and heat
laundry hookups
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
Keller Williams R. E. Services · Keller Williams Realty
(818) 432-3200
Listed By:
Allen Avedissian · License CA #02168675
(818) 458-3975
Added: Jul 28
Changed: Nov 10
Last Checked: Nov 14 at 12:06AM
MLS# GD26165666
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This residential income property offers 900 square feet with two bedrooms and one bathroom. Built in 1921, the home includes updated finishes, a fireplace, central air conditioning, forced-air heating, and private laundry hookups in the kitchen. Public water and sewer service support the property, while the covered driveway provides side-by-side tandem parking for up to four vehicles depending on vehicle size.
The property occupies 0.2413 acres in Glendale, with access to downtown Glendale and nearby freeway connections. Its residential layout, dedicated laundry setup, climate control, and substantial off-street parking provide a practical combination of everyday functionality and income-property utility.
The property occupies 0.2413 acres in Glendale, with access to downtown Glendale and nearby freeway connections. Its residential layout, dedicated laundry setup, climate control, and substantial off-street parking provide a practical combination of everyday functionality and income-property utility.
Key Highlights
- 900 square feet with 2 bedrooms and 1 bathroom
- 0.2413‑acre lot in Glendale, CA
- Covered side‑by‑side tandem parking for up to four vehicles, depending on vehicle size
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,939
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,780
$338.8K
Cap Rate 7%
$241,986
$242.0K
Cap Rate 9%
$188,211
$188.2K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$32.9K $36.60/SF
− Vacancy
−$2.1K −$2.38/SF
EGI
$30.8K $34.22/SF
− OpEx
−$13.9K −$15.40/SF
NOI
$16.9K $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%
$338,780
Cap Rate 7%
$241,986
Cap Rate 9%
$188,211
Alternative Uses
Best Use
Apartment 5plus
$242.0K
$211.7K – $282.3K
NOI $16,939 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$541.3K
$473.6K – $631.5K
NOI $37,890 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,932
Businesses Nearby
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Business Placement
Demographics for 91205, CA
36,693
Population
14,424
Households
2.5
Avg Household Size
41
Median Age
39%
College-Educated
84%
High-School Grad
1.9 sq mi
ZIP Area
19,312
Density / Sq Mi
$59,005
Median Household Income
$42,393
Median Earnings
$1,890
Median Rent
$763,100
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Glendale, CA
Properties on Market for Residential income properties in Glendale
Frequently Asked Questions
What type of property is this?
Residential income property - Updated two-bedroom residence with central HVAC, private laundry hookups, covered parking, and public utilities.
Where is this residential income property located?
The property is located at 835 Pepper Way Glendale, CA.
What are key features of this property?
This property features: 900 square feet with 2 bedrooms and 1 bathroom; 0.2413‑acre lot in Glendale, CA; Covered side‑by‑side tandem parking for up to four vehicles, depending on vehicle size
