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Listed by Coldwell Banker Realty, Carolin Alaverdian, Listing Contact: [email protected]

$1,849,000

405 W Broadway, Glendale CA, 91204

Price per sqftN/A
Built in1955
Property typeMulti-family

Overview

Active

Listed Jul 20, 2026

Updated 9 days ago

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,

$12,301/mo

Est. mortgage payment based on a $1,849,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
CRPF26157951

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.08 Acres
MLS provider logo

Listed by Coldwell Banker Realty, Carolin Alaverdian DRE:01929505,
Listing Contact: [email protected] 

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Data last updated 2:13 PM UTC, 9/28/2026

 

 

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