$3,700,000
-$50,0001502 E Broadway, Glendale CA 91205
Multi-Family (16 Units)
Property type
91 days
On market
$487
Price per sqft
N/A
Garage
1954
Year built
15,305 sqft
Lot size
Open Houses
Overview
Sale is a part of a 2 property portfolio with 121 Maynard: Marcus & Millichap is pleased to present The MayBro Apartment Portfolio, a thirty-two-unit multifamily investment opportunity located in the Citrus Grove neighborhood of Glendale. Offered for sale for the first time in nearly 20 years, 121 Maynard St. and 1502 E. Broadway provide an investor with the opportunity to...
Listing provided by: Sevak Keshishian DRE #01887505 818-212-2694, Marcus & Millichap
Listing updated: May 7, 2026 at 03:53pm.
Last checked: Jun 5, 2026 at 03:00pm
Source: CRMLS #26661257
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 16 | 1 | 1 | — | $1,729 | $27,668 | $1,995 | Unfurnished |
# of Buildings: 1
# of Units Total: 16
Refrigerator: 16
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
11.1x
List Price / Annual Gross Rent
Cap Rate
5.87%
NOI / List Price
Vacancy Allowance Rate: 3%
Net Operating Income: $217,037
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Refrigerator
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Uncovered
Parking Total: 20
Lot Information
Land Lease: No
Parcel #: 5680025011
Zoning: R2250
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1502 E Broadway, Glendale, CA 91205. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,960,000
Total Interest
$3,775,317
Total Payment
$6,735,317
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$22,713
per month
Property History for 1502 E Broadway
Glendale Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91205.
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