Source:

This property is also listed for rent at $2,095/mo.

For Sale
Property Photo

$1,849,000

For Sale

405 W Broadway, Glendale, CA 91204

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Property Highlights

Residential Income

Property Type

Apartment

Sub Type

1955

Year Built

4

Days On Properkey

0.08

Lot (acres)

PF26157951

MLS #

CRMLS

MLS Source

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

Listed by Carolin Alaverdian • DRE #01929505 • Coldwell Banker Realty

Contact: 8188234622

MLS #: PF26157951
Source: CRMLS

Property Features

Lot Features: 0-1 Unit/Acre
Pool Features: None
Community: Street Lights, Curbs

Interior & Comfort

Heating
Central
Cooling
Central Air

Utilities

Nearby

Active Pending Closed Rental

School information not available for this property.

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All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-24 05:03:14 PST. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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