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Listed by Raymond Honanian, DRE #01372779 • Silver Spoon Properties
$ 2,395,000
Est. payment /mo
Contingent
300 E Garfield AVE Glendale, CA 91205
7,502 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRGD26073600
Year Built 1966
Lot Size 7,502 Sqft
Source California Regional MLS
Property Description
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.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Interior
Cooling Central AC
Laundry Laundry Area
Exterior
Pool None
Building
Water Private
Others
Tax ID 5641016005
Special Listing Condition Not Applicable , Accepting Backups
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