1113 Linden Ave - Apartments FOR SALE


Glendale, CA 91201- Grandview
$1,400,000 USD
818-212-2784
1113 Linden Ave, Glendale, CA for Sale
$1,400,000 USD
Apartments - FOR SALE
1/16
null | 5.93% Cap Rate

1113 Linden Ave
Glendale, CA 91201
Grandview


HIGHLIGHTS

  • First Time Ever for Sale!
  • 5 Unit Apartment Building- Delivered 100% Vacant!
  • Excellent Glendale Location- North of Glenoaks!
  • Landlord Friendly City Only Subject to State Rent Control
  • Built in 1924, on a 6,363 SF lot with 3,376 SF of total building area
  • Four 1+1s and One Detached 2 Bedroom House with a Yard

OVERVIEW

The Sterman Multi-Family Group of Marcus & Millichap is pleased to present 1113 Linden Ave, a charming 5-unit apartment property located in the highly desirable city of Glendale, California. Built in 1924, the property consists of four (4) one-bedroom + one-bathroom units and one (1) two-bedroom + one-bathroom house, offering an attractive mix of unit types for renters seeking comfort and convenience. The buildings total approximately 3,376 square feet of gross living area and are situated on a 6,363 square foot lot. 1113 Linden Ave is ideally positioned in a quiet residential pocket of Glendale, just minutes from the city’s bustling commercial corridors. Residents enjoy close proximity to premier retail and entertainment destinations such as The Americana at Brand, Glendale Galleria, and a wide array of restaurants, cafes, and neighborhood amenities. The property also offers convenient access to Burbank, Pasadena, and Eagle Rock, as well as major freeways including the 134, 2, and 5, ensuring seamless connectivity throughout the greater Los Angeles area. This offering provides investors with the rare opportunity to acquire a well-located multifamily asset in one of Los Angeles County’s most stable rental markets. The property’s strong unit mix, charming 1920s architecture, and continued rental demand make it an attractive long-term investment with potential for value appreciation through interior renovations and operational improvements.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$244 USD /SF

# OF UNITS

5

PRICE/UNIT

$280,000

CAP RATE

5.93%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,364 SF

ZONING

GLR4*

APN/PARCEL ID

5621-035-028

ASK ABOUT THIS PROPERTY

Michael StermanMarcus & MillichapMore Info
818-212-2784

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Michael StermanMarcus & MillichapMore Info
818-212-2784

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.