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Glendale Multifamily Investment Opportunity
For Sale
$1,500,000

C-1340 E Broadway, Glendale, CA 91210

Five-unit multifamily property in Glendale with value-add potential.

Property SizeContact for details
Days on Market146

Property Features for C-1340 E Broadway

General Information

Standard status Active
Listing Agency: LA Citywide Properties, LLC
Listed By: Judd Matsunaga · License #00771301
Source: Exprealty
Added: Apr 27 Changed: Sep 8 Last Checked: Sep 18 at 1:12PM

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 LA Citywide Properties, LLC

Investment Insights

Based on property information with market context.

This is a five-unit multifamily apartment building located in Glendale. The property features a unit mix that includes one 2-bedroom/1-bath unit, three 1-bedroom/1-bath units, and one 1-bath unit (studio). The electrical system has been updated. Three of the five units will be delivered vacant, providing flexibility for owner-occupancy or market-rate leasing. The property requires some updates. Each unit is individually metered for gas and electricity. The property is located near public transportation, schools, shopping, and major freeways.

Key Highlights

  • 3 of 5 units delivered vacant, offering flexibility for owner‑occupancy or market‑rate leasing.
  • Located in the highly sought‑after community of Glendale.
  • Attractive unit mix: one 2‑bedroom/1‑bath, three 1‑bedroom/1‑bath, and one studio.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store Pet Store & Service Garden 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

7,789
Businesses Nearby

Demographics for 91210, CA

555
Population
219
Households
2.5
Avg Household Size
40
Median Age
63%
College-Educated
94%
High-School Grad
0.1 sq mi
ZIP Area
5,550
Density / Sq Mi
$102,721
Median Household Income
$99,853
Median Earnings
$3,501
Median Rent
$902,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Five-unit multifamily property in Glendale with value-add potential.
Where is this apartment building located?
The property is located at C-1340 E Broadway Glendale, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3 of 5 units delivered vacant, offering flexibility for owner‑occupancy or market‑rate leasing.; Located in the highly sought‑after community of Glendale.; Attractive unit mix: one 2‑bedroom/1‑bath, three 1‑bedroom/1‑bath, and one studio.
More about this property
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