Apartment for sale in Southern California — $2,395,000. Exceptional investment opportunity in the heart of Glendale! This well-maintained 8-unit multifamily property offers an impressive unit mix consisting of one 3-bedroom/2-bath unit with a private 1-car garage, one 2-be…
$2,395,000
300 E Garfield Avenue, Glendale, CA 91205
Exceptional investment opportunity in the heart of Glendale! This well-maintained 8-unit multifamily property offers an impressive unit mix consisting of one 3-bedroom/2-bath unit with a private 1-car garage, one 2-bedroom/1-bath unit, five 1-bedroom/1-bath units, and one studio unit with an attached garage. The property has had no vacancies for many years, reflecting its strong rental stability and desirable location. Recent capital improvements include a brand-new roof, new gutters, and copper plumbing throughout—minimizing maintenance needs and maximizing long-term value. Five tenants currently participate in the Section 8 program, providing consistent income and excellent tenant retention. Next rent increases take effect on June 1, 2026, presenting an immediate upside for investors. With very low operating expenses and a solid rental history, this property is a turn-key addition to any multifamily portfolio. Conveniently located near shops, restaurants, and major freeways, 300 E Garfield Ave offers lasting appeal in one of Glendale’s most in-demand rental markets.
Listing updated: April 7, 2026 at 10:48 AM
Listed by: Raymond Honanian, Silver Spoon Properties
Source: CRMLS, MLS#: GD26073600, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
4/06/2026 Source: CRMLS, #GD26073600 | Listed for sale | $2,395,000 |
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