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Sold on 02/01/2024
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1467 E Broadway, Glendale, CA 91206

$1,500,000

Last sold 02/01/2024 after 157 Days

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    bed

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    bath

Multi-family not for sale
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About 1467 E Broadway

Property type Multi-family
Neighborhood
Year built 1947
HOA fee $0/month
Lot size 7,185 Sqft
Parking 6 garage spaces
Rental estimate
Property description
Excited to present a RARE opportunity for investors with a 4-building portfolio (37 units total) right here in Glendale. With instant cash-flow and plenty of room to add value this deal is a no brainer.This property in particular is a fully occupied 6 unit building right across the street from Glendale High School. Great tenants, extremely low vacancy rates, and tons of room for growth, this property will make any investor excited. Please reach out for more info!
Listed by
Listing Agent - Brent Ballard
Listing Agent Contact: (818) 919-0282
Listing Office - Anderson Ballard Companies
Source: CRMLS mls logo
MLS#P1-15895 • last updated 2 years ago
Movoto checked CRMLS for data 1 minute ago
Overview
Levels/Style Two
Type Residential Income
SubType Commercial/Residential
Status Closed
Lot Size (Acres) 0.1649
Lot Size (SqFt) 7185
Year Built 1947
Interior
Appliances Gas Cooktop, Gas Oven
Exterior
Building Area 4288
Parking Carport
# Carport Spaces 6
# Parking Spaces 6
# Garage Spaces 6
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Fireplaces None
Sewer/ Septic Unknown
Water Source Public
Spa None
Pool None
Location
View None
County Los Angeles
Community Features Golf, Biking, Valley, Urban, Sidewalks, Suburban, Park, Mountainous, Horse Trails, Hiking, Foothills, Dog Park
Subdivision Not Applicable
Zoning GLR4YY
Directions Across The Street From Glendale High School, Off Of The 134
APN 5645023016
Multifamily Details
Vacancy Allowance 3
Expense: Trash 350
Operating Expense 44012.45
Expense: Insurance 4400
Total Expenses 44012.45
Expense: Water/ Sewer 3000
Gross Income 114960.24
Gross Scheduled Income 114960.24
Expense: Fuel 1800
Rental est.: $1,746/month
Gross rent multiplier: 71.6
  • Feb 2024
    mls logo MLS # P1-15895
  • Feb 1, 2024 Sold
    $1,500,000
  • Jan 22, 2024 Pending
    —
  • Dec 12, 2023 Active
    —
  • Aug 28, 2023 Listed
    $1,795,000
  • Feb 2024
    Public Records
  • Feb 1, 2024 Sold
    $1,500,000 (-16.4%)
  • Year Property taxes Tax assessment
  • 2024
    $2,246 +1.5%
    $128,926 +1.98%
  • 2023
    $2,214 +1.5%
    $126,428
  • 2022
    $2,182 +2.5%
    $126,428 +3.99%
  • 2021
    $2,128 +1.2%
    $121,578
  • 2020
    $2,103
    $121,578
  • 1467 E Broadway
    $1.5M
  • Citrus Grove
    $650K -6% y/y
  • 91206
    $1.24M +3% y/y
  • Glendale
    $1.12M +2% y/y
No chart available
Statistics calculated by Movoto

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6/10
Glenoaks Elementary School
public Grades K-6
Glendale Unified School District
6/10
Woodrow Wilson Middle School
public Grades 6-8
Glendale Unified School District
6/10
Glendale High School
public Grades 9-12
Glendale Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/27/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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