1118-1120 Western Ave - Apartments FOR SALE


Glendale, CA 91201- Grandview
$2,748,900 USD
626-967-1779
1118-1120 Western Ave, Glendale, CA for Sale
$2,748,900 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

1118-1120 Western Ave
Glendale, CA 91201
Grandview


HIGHLIGHTS

  • The property features a 10-unit apartment building with a balanced 10-bedroom, 10-bathroom unit mix.
  • Spacious floor plans and classic wood flooring contribute to resident appeal.
  • Parking includes eight covered carport spaces and two additional uncovered spaces.
  • The asset is located approximately two miles from Downtown Burbank and major entertainment employers.
  • Residents benefit from access to nearby shopping centers, schools, and neighborhood amenities.
  • The large lot configuration may support future value-add improvements and operational enhancements.

OVERVIEW

1118 Western Ave. presents the opportunity to acquire a 10-unit multifamily asset in Glendale's Grandview neighborhood. Built in 1950 and situated on a 15,280-square-foot lot, the property contains 6,212 square feet of residential space with a unit mix totaling 10 bedrooms and 10 bathrooms. The building has been maintained over time and offers spacious unit layouts, classic wood flooring, and parking accommodations that include eight covered carport spaces and two additional uncovered spaces. The property's location provides convenient access to employment, retail, and educational amenities throughout the Glendale and Burbank markets. Downtown Burbank is located approximately two miles away, while major entertainment industry employers, including The Walt Disney Studios and Warner Bros., are within close proximity. Residents benefit from walkable access to nearby shopping centers and neighborhood services. This offering may appeal to investors seeking a multifamily asset with potential for future revenue growth through unit upgrades and operational improvements. Its location within a well-established residential neighborhood, combined with access to major employment centers and regional amenities, positions the property as a compelling acquisition opportunity for long-term ownership, portfolio expansion, or 1031 exchange buyers.

FOR SALE DETAILS

PRICE

$2,748,900 USD

PRICE/SF

$443 USD /SF

# OF UNITS

10

PRICE/UNIT

$274,890

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,280 SF

ZONING

R-2250

APN/PARCEL ID

5623-014-012

ASK ABOUT THIS PROPERTY

Cesar NavarroRE/MAX Masters RealtyMore Info
626-967-1779

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

Cesar NavarroRE/MAX Masters RealtyMore Info
626-967-1779

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