Movoto Real Estate

1600 E Broadway, Glendale, CA 91205

$4,450,000
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    bed

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    bath

Multi-family for sale 7 days

About 1600 E Broadway

Property type Multi-family
Neighborhood
Year built 1950
HOA fee $0/month
Lot size 7,468 Sqft
Movoto estimate
Rental estimate
Property description
We are pleased to introduce for acquisition for the first time in 40 years, the Broadway Studios, 18 units located in Glendale with a WalkScore of 84. The property offers investors meaningful scale at an attractive basis in one of the most supply-constrained multifamily markets in Los Angeles County. The offering combines strong current yield with long-term positioning in a highly walkable Glendale location, approximately 1.5 miles from The Americana at Brand, and walking distanceto In-N-Out Burger, Glendale Adventist Hospital & Glendale High School. A compelling opportunity to acquire scale in one of Glendale’s most established rental markets, at quite possibly the lowest entry price per unit offering. • $4,450,000 Asking Price • $247,222 Per Unit • 5.66% Cap Rate • 11,316 SF Building • Spacious Floorplans • Walk Score: 84
Listed by
Listing Agent - Levon Alexanian
Listing Agent Contact: Info@alexanianadvisors.com
Listing Office - Keller Williams World Media Center
Source: CRMLS mls logo
MLS#SR26210960 • last updated 1 week ago
Movoto checked CRMLS for data 3 minutes ago
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Overview
Type Residential Income
SubType Apartment
Status Active
Lot Size (Acres) 0.1714
Lot Size (SqFt) 7468
Year Built 1950
Interior
Laundry Common Area
Exterior
Building Area Square Feet, 11316
Lot Description 16-20 Units/Acre
Amenities / Utilities
Sewer/ Septic Private Sewer
Water Source Private
Pool None
Location
County Los Angeles
Community Features Curbs, Golf, Biking, Hiking, Foothills
Directions COrner Of Broadway & Wilson
APN 5680027009
Multifamily Details
Operating Expense 101128
Total Expenses 101128
Gross Income 30035
Gross Scheduled Income 360420
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Source: GreatSchools.org © 2026. All rights reserved.

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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 10/6/2026. 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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