Multifamily

601 Glenwood Rd

601 Glenwood Rd, Glendale, CA 91202

Listing Price: $4,000,000

Cap Rate
2.94%
Number of Units
12
Price/Unit
$333,333
Price/Gross SF
$367.31
Gross SF
10,890

Investment Overview

Marcus & Millichap is pleased to present 601-605 Glenwood located in the highly desirable city of Glendale, the fourth largest city in Los Angeles County. Built in 1939 and comprised of 2 congruent parcels, the property features 12 one-bedroom/one-bathroom units. Tenants benefit from the strategical accessibility to major employment hubs in Downtown Glendale and the neighboring Burbank studios.

Investment Highlights

  • Centralized location and access to the I-5 (Golden State) Freeway, SR-2 (Glendale) Freeway, SR-134 (Ventura) Freeway and 210 (Foothill) Freeway.
  • Situated amongst a deep and highly educated labor force evidenced by the population of 204,765 people with an average household income of $96,000(12% greater than the US Average) within a 5mile radius
  • Close proximity to the Americana at Brand along with the Glendale Galleria which together, offer +2.5 million square feet of high-end retail, restaurants, and entertainment options.

Exclusively Listed By

Listing Price: $4,000,000

Cap Rate
2.94%
Number of Units
12
Price/Unit
$333,333
Price/Gross SF
$367.31
Gross SF
10,890

Investment Highlights

  • Centralized location and access to the I-5 (Golden State) Freeway, SR-2 (Glendale) Freeway, SR-134 (Ventura) Freeway and 210 (Foothill) Freeway.
  • Situated amongst a deep and highly educated labor force evidenced by the population of 204,765 people with an average household income of $96,000(12% greater than the US Average) within a 5mile radius
  • Close proximity to the Americana at Brand along with the Glendale Galleria which together, offer +2.5 million square feet of high-end retail, restaurants, and entertainment options.

Investment Overview

Marcus & Millichap is pleased to present 601-605 Glenwood located in the highly desirable city of Glendale, the fourth largest city in Los Angeles County. Built in 1939 and comprised of 2 congruent parcels, the property features 12 one-bedroom/one-bathroom units. Tenants benefit from the strategical accessibility to major employment hubs in Downtown Glendale and the neighboring Burbank studios.

Exclusively Listed By

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