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405 W Broadway, Glendale, CA 91204
2
beds
2
baths
2167
ft2
· 3489
ft2 lot
$1,260,000
$581 / ft2
Listing provided courtesy of Arin Baroni, City Center Realty Group.
Source CRMLS.
We are pleased to present for sale this rare Fourplex in the heart of Glendale. Known as the Jewel City for nearly a century, here is an incredible opportunity to acquire this four-unit apartment as an investment OR an Owner-User opportunity, given 1 Unit will be Delivered VACANT at the close of escrow. This Commercial residential mixed used zoned property is strategically located in the epicenter of many employment and entertainment hubs. This prime location offers tenants access to the Glendale Galleria and one of the most prominent shopping centers known as The Americana at Brand. Minutes to Atwater Village, Los Feliz, Griffith Park and Silverlake.
HOA
$—/month
On market
5 months
Year built
1955
Property type
Multi-Family
Parking
3
MLS
BB20240560
Price / Sq.Ft.
$581 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Common Area
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
•   
Cooling Details: Wall/Window Unit(s)
Interior Size
•   
Building Area Total: 2167.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 3.00
Property Features
•   
View: Mountain(s), Neighborhood
•   
Common Walls: No Common Walls
Building Info
•   
Building Area Units: Square Feet
•   
Stories Total: 2
•   
Num Stories: Two
•   
Year Built Source: Assessor
Lot Info
•   
Zoning: GLC3*
•   
Lot Features: 2-5 Units/Acre
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.0801
•   
Lot Size Area: 3489.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 4
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 4
•   
Number Of Separate Gas Meters: 4
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 77517.00
•   
Maintenance Expense: 4698.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 13895.00
•   
Insurance Expense: 1100.00
•   
Total Expenses: 23493.00
•   
Gross Scheduled Income: 78300.00
•   
Operating Expense: 5873.00
•   
Gross Multiplier: 16.09
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 77517.00
•   
Tax Year: 2020
•   
Taxes: 4272.0
Lease Info
•   
Net Operating Income: 54024.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 600.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 1258.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 3
•   
Has Attached Garage
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 2.00
•   
Unit 2 Total Rent: 3775.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 1
•   
Has Attached Garage
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 2400.00
•   
Unit 1 Total Rent: 2400.00
Multi Unit Information
•   
# Of Units: 2
School Neighborhood & Directions
Location
•   
Community Features: Biking, Curbs, Sidewalks, Street Lights
•   
Directions: Cross Street Columbus
Other
Calculation
•   
Dom: 35
•   
Cdom: 35
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 22, 2021 6:25am
Neighborhood snapshot
14
Properties for sale
9
Median days on market
$523.24
Median sold price/sqft
102.37%
Sold/List %
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walk score® :
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bike score® :
Property History
11/16/2020
11/16/2020
CRMLS #BB20240560
active
CRMLS #BB20240560
$1,260,000
+366.67%
08/17/2000
08/17/2000
Public Record
sold
Public Record
$270,000
+42.86%
08/11/1994
08/11/1994
Public Record
sold
Public Record
$189,000
--37.23%
05/22/1994
05/22/1994
Public Record
sold
Public Record
$301,097
--11.44%
11/18/1990
11/18/1990
Public Record
sold
Public Record
$340,000
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