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421 Porter St, Glendale, CA 91205

  • $4,400,000

  • bed

  • bath

Multi-family coming soon
Movoto is helping 23 homebuyers near you

About 421 Porter St

Property type Multi-family
Neighborhood
Year built 1987
HOA fee $0/month
Lot size 7,457 Sqft
Movoto estimate
Parking 17 garage spaces
Rental estimate
Property description
INVESTMENT OPPORTUNITY YOU DO NOT WANT TO MISS! LOCATED IN THE HEART OF GLENDALE, THIS APARTMENT BUILDING IS A RARE GEM FOR INVESTORS! 9unit large townhouse style units. Great mixture of units 1: 3bed +2.5 bath SQFT 1557 /6: 2 bed +2.5 bath SQFT 1000/ 2: 1 bed +1.5 bath SQFT 800 has a subterranean garage with a total of 17 parking spots, copper plumbing, security intercom system, Central A/C and heating, each unit has their own meters and laundries. All the units have been recently remodeled. Cap Rate: 5.58% GRM: 14.58 *********************DRIVE-BY ONLY PLEASE DO NOT DISTURB TENANTS******************************************************
Listed by
Listing Agent - Petros Gumrikyan
Listing Agent Contact: 747-221-2675
Listing Office - Pinnacle Estate Properties
Source: CRMLS mls logo
MLS#SR26171118 • last updated 12 hours ago
Movoto checked CRMLS for data 3 minutes ago
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Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Coming Soon
Lot Size (Acres) 0.1712
Lot Size (SqFt) 7457
Year Built 1987
Interior
Exterior
Building Area Square Feet, 9157
Parking Assigned, Subterranean
# Parking Spaces 17
# Garage Spaces 17
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Zoning GLR4*
Directions E Broadway, S Verdugo Rd And E Colorado St To Left Porter St
APN 5680012010
Multifamily Details
Expense: Trash 1310
Operating Expense 44500.7
Cap Rate 5.85
Expense: Insurance 3411
Total Expenses 49297
Expense: Water/ Sewer 6760
Gross Multiplier 14.58
Gross Scheduled Income 301800
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Source: GreatSchools.org © 2026. All rights reserved.

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