Investment Overview

1638 Lake Street, 1640 Lake Street and 431 Winchester Avenue in the highly desirable Glendale market. This offering is a rare opportunity to acquire three contiguous multifamily properties totaling 19 units in this leading submarket. The portfolio comprises a diverse unit mix of 1) 3bed/1.5bath, 8) 2bed/1bath, 9) 1bed/1bath, and 1) Studio, catering to a wide range of tenant preferences. The properties, built in 1926 (1638 Lake St., 7 units), 1946 (431 Winchester Ave., 5 units), and 1953 (1640 Lake St., 7 units), feature a blend of vintage charm and mid-century appeal, with well-maintained structures that offer significant value-add potential. Investors can capitalize on Glendale’s strong rental demand, driven by its proximity to major employment hubs in Los Angeles, Burbank, and Pasadena, as well as its vibrant local amenities. The portfolio’s contiguous layout enhances operational efficiencies, while the diverse unit configurations provide flexibility for rent optimization.