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Listed by: Carolin Alaverdian (818) 823-4622 DRE #01929505 | Coldwell Banker Realty (818) 487-5827
$1,849,000
Monthly Est:$9,203
5 Beds
-- Bath
3,000sqft
405 W Broadway, Glendale, CA 91204
$1,849,000
$9,203/moEst:
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Apartment
Built in 1955
$-- HOA
3,489 sqft lot
$616/sq.ft
Description
Looking for a high-yield, turnkey real estate investment in Los Angeles County? This exceptional, fully renovated 5-unit income property for sale in Glendale, CA offers a rare value-add and house-hacking opportunity in a high-demand rental market. Located in a prime, walkable Glendale neighborhood, the multi-family asset consists of 4 upgraded 1-bedroom, 1-bathroom apartment units plus a fully permitted, attached 1-bedroom, 1-bathroom Accessory Dwelling Unit (ADU), combining strong immediate rental income with stellar long-term investment upside.
Every unit has undergone extensive capital improvements, featuring modern interior finishes, updated energy-efficient dual-pane windows, brand-new individual mini-split heating and cooling systems, and a newer 400-amp electrical panel to eliminate deferred maintenance costs. A standout architectural feature includes a large, private outdoor deck off one of the front upstairs units, commanding top-tier tenant demand.
With strong current rental numbers and most units conveniently sitting on flexible month-to-month leases, investors gain immediate operational flexibility to optimize the rent roll, adjust to market rates, or execute a 1031 exchange strategy. Perfectly situated just minutes from downtown Glendale’s premier employment hubs, The Americana at Brand, the Glendale Galleria, and iconic local staples like Porto’s Bakery, this low-maintenance asset delivers the perfect balance of stable cash flow and future appreciation potential. Schedule your private tour today and bring your offers!
Tenants pay for all utilities, Landlord pays for trash and sewer
- Houzeo last checked: 13 minutes ago
- Listing updated: September 2, 2026 at 6:58 pm
- Source: California Regional MLS-CA | MLS#: PF26157951
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1955
HOA Fees
-
Finished Area
3,000 sqft
Lot Size
3,489 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PF26157951
MLS Status
Active
Days on Market
107
Cumulative Days on Market
44
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathroom: --
Interior
Sewer
Public Sewer
Cooling
Central Air
Heating
Central
Utilities & Energy
Laundry Features
Common Area, Laundry Room
Pool Features
None
Water Source
Public
Parking Features
None, On Street
Other Features
Community Features
Curbs, Street Lights
Lot Features
Zero To One Unit Acre
Tenant Pays
All Utilities, Cable Tv, Electricity
Price History
| Date | Event | Price |
|---|---|---|
07/20/2026 Source: | Listed for Sale | $1,849,000 -2.43% $616/sqft |
04/13/2026 Source: | Off Market | $1,895,000 -5.25% $632/sqft |
03/09/2026 Source: | Listed for Sale | $1,999,998 $667/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 08:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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