## **For Sale: Prime 15-Unit Multifamily Investment in Glendale, CA** **1204 E. Lexington Drive, Glendale, CA 91206** Discover a rare investment opportunity in the heart of one of Southern California’s most sought-after rental markets. **1204 E. Lexington Drive** is a well-maintained **15-unit apartment building** located in the desirable city of **Glendale**, offering strong in-place income, long-term upside potential, and a location that’s second to none. ### **Property Highlights** - ?? **15 Total Units** – A mix of spacious 1 and 2-bedroom apartments - ?? **Estimated Building Size**: ~12,000 SF (Buyer to verify) - ?? **Lot Size**: Approximately 12,400 SF - ?? **Parking**: Gated surface and tuck-under parking available - ?? **Onsite Laundry Facility** and individual unit gas/electric meters - ??? **Well-maintained property** with recent updates (select units) ### **Investment Highlights** - ? **Stabilized asset** with significant rental upside as leases turn - ?? **Strong rental demand** in a supply-constrained market - ??? **High-demand location** near Americana at Brand, Downtown Glendale, and major employment centers - ?? Value-add opportunity through interior renovations and operational optimization - ?? Ideal for investors seeking long-term cash flow and future appreciation ### **Location Benefits** - ?? Central Glendale location with walkability to shops, cafes, and services - ?? Easy access to freeways (134, 2, 5) for commuting to Downtown LA, Burbank, and Pasadena - ?? Proximity to highly rated schools and city parks - ?? A+ neighborhood with a mix of owner-occupied homes and multifamily buildings --- **1204 E. Lexington Drive** represents a rare chance to acquire a stabilized, income-generating asset in one of the most competitive rental submarkets in Los Angeles County. Whether you're expanding your portfolio or executing a 1031 exchange, this property checks all the boxes for location, growth, and long-term value. ?? **Contact us today** for a full offering memorandum, rent roll, and private tour.