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3,000 sqft

$1,849,000

405 W Broadway, Glendale CA, 91204

Price per sqft$616.33
Built in1955
Property size3,000 sqft
Property typeCondominium

Overview

Active

Listed Jul 20, 2026

Updated Sep 3

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

$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
PF26157951

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.08 Acres

Other Property Details

55+/Senior Community
No

Also listed on CLAW

Listed by Carolin Alaverdian, Coldwell Banker Realty, CA DRE 01929505

Listing Contact: 8188234622 

Based on information from the CRISNet MLS as of 9/3/2026, 4:50 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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