$2,395,000
300 E Garfield Avenue, Glendale CA 91205
Multi-Family (8 Units)
Property type
60 days
On market
$379
Price per sqft
0 cars
Garage
1966
Year built
7,502 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Raymond Honanian DRE #01372779 818-400-2908, Silver Spoon Properties, Tade Keshishyan DRE #02190628, Silver Spoon Properties
Listing updated: Apr 7, 2026 at 05:48pm.
Last checked: Jun 4, 2026 at 11:01pm
Source: CRMLS #GD26073600
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $2,700 | $2,700 | $3,500 | Unfurnished |
| 1 | 0 | 1 | — | $1,100 | $1,100 | $1,800 | Unfurnished |
| 1 | 1 | 1 | — | $1,680 | $1,680 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,485 | $1,485 | $2,000 | Unfurnished |
| 1 | 2 | 1 | — | $1,900 | $1,900 | $2,500 | Unfurnished |
| 1 | 1 | 1 | — | $1,550 | $1,550 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $1,550 | $1,550 | $2,200 | Unfurnished |
| 1 | 1 | 1 | — | $1,440 | $1,440 | $2,200 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 8
Total Actual Rent: $18,200
Tenant Pays: Gas
Financial Snapshot
Gross Rent Multiplier
14.9x
List Price / Annual Gross Rent
Cap Rate
4.3%
NOI / List Price
Gross Scheduled Income: $160,860
Operating Expense: $57,502
Net Operating Income: $103,358
Annual Operating Expenses
Electric: $0
Gardener: $1,200
Fuel: $0
Insurance: $9,756
New Taxes: $29,938
Professional Management: $7,200
Trash: $3,696
Water / Sewer: $5,712
Interior
Cooling: Central Air
Laundry: Common Area
Entry Location: Door
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Private
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5641016005
Additional Parcels: No
Tax Lot: 5
Tax Block: 1
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 300 E Garfield Avenue, Glendale, CA 91205. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,916,000
Total Interest
$2,443,752
Total Payment
$4,359,752
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,755
per month
Property History for 300 E Garfield Avenue
Glendale Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91205.
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