Listing Courtesy of: CRMLS / Listed By: Carolin Alaverdian, Coldwell Banker Realty - Contact: 8188234622

405 W Broadway Glendale, CA 91204

Active (1 Days)

$1,849,000 ^(USD)

3,000

SQFT

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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

MLS #:
PF26157951

Lot Size
3,489 SQFT

Type
Multifamily

Year Built
1955

County
Los Angeles County

Listed By

Carolin Alaverdian, DRE #01929505 CA, Coldwell Banker Realty, Contact: 8188234622

Source
CRMLS
Last checked Jul 21 2026 at 8:53 AM GMT+0000

Bathroom Details

Interior Features

Laundry: Common Area
Laundry: Laundry Room

Heating and Cooling

Central
Central Air

Utility Information

Utilities: Water Source: Public
Sewer: Public Sewer

Parking

On Street

Stories

Additional Information: Studio City | 8188234622

Location

Map View | Street View

Listing to Address

Address to Listing

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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {7/21/26 01:53} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.