1004 E Garfield Avenue, Glendale, CA 91205

Glendale
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1004 E Garfield Avenue,Glendale, CA 91205
$2,800,000
  • 16 Beds
  • 16 Baths
  • 7,578 sq. ft.
  • Multi-family
  • Active
Listed by: andy anubhav kawatra
Office: andy anubhav kawatra818-456-7846
MLS#:26853505
Source:CRMLS

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$369.49

About this home

Located in the heart of Glendale, California, 1004 E Garfield Avenue presents a rare opportunity to acquire an 8-unit multifamily asset in one of the region's most desirable and supply-constrained rental markets. Built in 1987, the property consists entirely of spacious two-bedroom units and encompasses approximately 7,578 square feet of improvements situated on an 8,276-square-foot lot. Its attractive unit mix, strong residential appeal, and convenient location provide investors with a stable income-producing asset positioned for long-term growth. The property is currently offered at $2,800,000, representing approximately $350,000 per unit and $369 per square foot. With an in-place cap rate of approximately 5.50%and a current gross rent multiplier (GRM) of 11.90, the asset delivers immediate cash flow while maintaining meaningful upside through continued rent growth. The building's larger unit configurations and favorable vintage compare well against recent multifamily sales in the...

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Home facts

  • Year built:1987
  • Listing ID #:26853505
  • Added:1 day(s) ago
  • Updated:June 29, 2026 at 10:29 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Kitchen Description:Dishwasher
  • Living area:7,578 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1987
  • Building area:7,578 sq. ft.
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$369.49

Features and amenities

  • Appliances:Dishwasher

Parking

  • Parking description:Assigned, Detached Carport
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