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1542 E Broadway

Glendale, CA 91205
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Bed 8

Bed

Bath 0

Bath

SqFt5,484

Sqft

SqFt8,092

Sqft(Lot)

We are pleased to present the opportunity to acquire 1542 E. Broadway, an 8-unit multifamily property located in the desirable Citrus Grove neighborhood of Glendale, California. Constructed in 1937, this beautifully maintained Spanish-style apartment building is comprised of eight one-bedroom/one-bathroom units with an average unit size of nearly 700 square feet. With one unit currently vacant, a new investor has the opportunity to immediately renovate and achieve market rent, while also capturing an additional 16% rental upside across the remaining units. The property features an on-site laundry room, separate meters for gas and electricity, and individual hot water heaters for each unit. Additionally, the property includes a detached carport and adjacent three-car private garage with sid e-street access, presenting a compelling opportunity for an investor to explore Accessory Dwelling Unit (ADU) development to significantly increase rental income and long-term property value (Buyer to verify). Situated south of E. Broadway, north of Colorado Boulevard, and west of S. Verdugo Road, the property offers convenient access to the 134 and 2 Freeways, providing commuters with direct connectivity to North Glendale, the San Gabriel Valley, and Downtown Los Angeles. The property is also located just minutes from the vibrant retail and dining corridors along Colorado Boulevard, as well as premier shopping destinations including the Americana at Brand and the Glendale Galleria. For students and faculty, the property is within proximity to Glendale Community College and Occidental College in nearby Eagle Rock, further supporting strong and consistent rental demand.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,100,000

AD Id : 76008898

MLS Id : 26661137

Beds : 8

Lot Size : 8,092 Sqft

Living Area Size : 5,484

Year Built : 1937

Garage : 3

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 8

    Bathroom Information

    Total Baths: 8 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Refrigerator

  • Building Information

    Year Built: 1937 Building Area Total: 5,484

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1858 Lot Size Dimensions: 54x150
  • Lot Size Source: Assessor Lot Size Square Feet: 8092

  • Listing Price Information

    Original List Price: 2,100,000 Listing Contract Date: 2026-03-06
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5680025029

  • Garage and Parking

    Garage Description: Door-Multi,Detached Carport,Garage

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 628 - Glendale-South of 134 Fwy Directions: From the 134 Fwy, exit Harvey Dr., head south to E. Broadway. Subject property is on the corner of E Broadway & Carr Dr Zoning: GLR4YY Source Property Type: Residential Income Area: 628 - Glendale-South of 134 Fwy
  • Building and Construction

    Property Age: 89 Year Built Source: Vendor Enhanced Total Square Feet Living: 5484 Levels or Stories: Two Building Total Stories: 2
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At $382.93 per sq.ft.,this listing is priced below average compared to other homes from Glendale.

The average homes price in Glendale is $370202.62 with avg. price / sq.ft of $2102.04.

The average homes price in Los Angeles County is $373818.81 with avg. price / sq.ft of $2100.74.

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1538 E Broadway, Glendale, CA, 91205 $1,020,000 -- -- 1,368 1,368 SqFt
1534 E Broadway, Glendale, CA, 91205 $1,100,000 3 1 1,066 1,066 SqFt
404 Lincoln Avenue, Glendale, CA, 91205 $5,199,000 -- -- 13,176 13,176 SqFt
121 Maynard Street, Glendale, CA, 91205 $3,750,000 16 -- 7,856 7,856 SqFt
1502 E Broadway, Glendale, CA, 91205 $3,750,000 16 -- 7,598 7,598 SqFt
1517 E Garfield #32, Glendale, CA, 91205 $424,999 1 1 718 718 SqFt
1517 E Garfield #55, Glendale, CA, 91205 $616,500 2 2 1,099 1,099 SqFt
1313 Carlton Drive, Glendale, CA, 91205 $1,200,000 4 -- 1,916 1,916 SqFt
1246 E Harvard, Glendale, CA, 91205 $1,550,000 -- -- 3,196 3,196 SqFt
1318 E Garfield, Glendale, CA, 91205 $975,000 3 1 1,715 1,715 SqFt

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ByOwner last updated this listing 04/07/2026 @ 01:07

MLS: 26661137 LISTED BY: Sevak Keshishian, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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