Movoto Real Estate
Sold on 06/17/2025

1113 Thompson Ave, Glendale, CA 91201

  • $4,063,704

    Last sold 06/17/2025 for $3.1M

  • 12

    bed

  • 12

    bath

  • 7,754

    Sqft ($400/Sqft)

Multi-family not for sale
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About 1113 Thompson Ave

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Lot size 6,590 Sqft
Movoto estimate
Property description
1113 Thompson Avenue is an 8-unit value-add multifamily opportunity located in the highly sought-after Northwest Glendale submarket. Built in 1980 and spanning 7,754 square feet, the property offers a desirable mix of one- and two-bedroom units perfectly suited for individuals, couples, and small families. Set on a 6,590 SF lot with classic California charm, the building features on-site parking and private outdoor spaces, providing immediate livability and long-term appeal. Positioned just minutes from the 5 and 134 Freeways, the property offers seamless connectivity to major employment and entertainment hubs including Burbank, Pasadena, and Downtown Los Angeles. Residents benefit from proximity to top employers such as Disney, Warner Bros., and DreamWorks Studios, as well as premier retail and recreational destinations like the Glendale Galleria, Brand Boulevard, and Griffith Park. With utilities separately metered for gas and electricity and water master-metered, this well-maintained asset presents investors with strong fundamentals and significant upside potential. Interior renovations and cosmetic enhancements offer an ideal path to increased rental income and property appreciation in one of Glendale's most stable, low-vacancy neighborhoods known for its excellent schools and strong sense of community.
Listed by
Listing Agent - Tony Azzi
Listing Office - Tony Azzi
Source: The MLS mls logo
MLS#25546823 • last updated 9 months ago
Movoto checked The MLS for data 5 minutes ago
Overview
Levels/Style Two
MLS # 25546823
Type Residential Income
Status Active
SqFt 7754
Lot Size (SqFt) 6590
Lot Size (Acres) 0.1513
Year Built 1980
Interior
Total # of Baths 12
Total # of Bedrooms 12
Exterior
# Parking Spaces 8
Parking Desc Subterranean, Covered Parking
# Covered Parking Spaces 8
Add'l Structures Other
Lot Location City
Amenities / Utilities
Equipment Other
Location
County Los Angeles
Zoning GLR4*
APN 5621-040-031
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 8200
Unit 1: # Beds 1
Unit 1: Rent 1670
Unit 2: Rent 2184
Unit 2: Furnished No
Unit 2: Projected Rent 10800
Unit 2: # Beds 2
Unit 2: # Baths 2
Unit 1: # Baths 1
Unit 2: Actual Rent 8646
Unit Type 2106, 2107
Unit 1: Actual Rent 6698
Total # Of Buildings 1
Total Rent 184128
Net Operating Income 90699
Annual Rent 184128
Cap Rate 2.83
Vacancy Amount (%) 5
Gross Income 174922
Gross Operating Income 174922
Gross Rent Multiplier 17.38
Total Annual Expenses 84223
Vacancy Amount ($) 9206
$4.06M
Range: $3.65M-$4.47M
Last 30 days 
  • Jul 2025
    Public Records
  • Jul 29, 2025 Sold
    $3,100,000
  • Jul 2025
    mls logo MLS # 25546823
  • Jul 29, 2025 Sold
    $3,100,000 (-3.1%)
  • Jun 17, 2025 Active
  • Jun 2, 2025 Listed
    $3,200,000
  • 1113 Thompson Ave
    $3.1M
  • Grandview
    $822K +7% y/y
  • 91201
    $975K -23% y/y
  • Glendale
    $1.1M -11% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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