INVESTMENT OPPORTUNITY YOU DO NOT WANT TO MISS! LOCATED IN THE HEART OF GLENDALE, THIS APARTMENT BUILDING IS A RARE GEM FOR INVESTORS! 9unit large townhouse style units. Great mixture of units 1: 3bed +2.5 bath SQFT 1557 /6: 2 bed +2.5 bath SQFT 1000/ 2: 1 bed +1.5 bath SQFT 800 has a subterranean garage with a total of 17 parking spots, copper plumbing, security intercom system, Central A/C and heating, each unit has their own meters and laundries. All the units have been recently remodeled. Cap Rate: 5.58% GRM: 14.58 * * * * * * * * * * * * * * * * * * * * * DRIVE-BY ONLY PLEASE DO NOT DISTURB TENANTS * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
Multi-familyProperty Type
1987Year Built
7,457 sq ftLot Size
$431Price/Sq.Ft.
17 car garageParking
Listed by Petros Gumrikyan•DRE #02129119• Pinnacle Estate Properties
9 updated units in Glendale built 1987. Large Townhouse style units. Great mix: (1) 3+2.5, (6) 2+2.5, (2) 1+1.5. Great curb appeal with updated interiors in a good location. Subterranean garage, 17 parking spaces, copper plumbing, security intercom system, central A/C & heat, 9 individual laundry and separate meters. Newer exterior paint, newer roof, newer garage door, newer decking, newer landscaping & planters, newer laminated floors, newer stove, dishwasher and washer/dryers in most units. Drive-by only, please do not disturb occupants. VIEW FULL BROCHURE IN ATTACHED DOCS.
CRMLS #12050048
Apr 29, 2005
Sold
$1,795,000
$196/sq ft
Public Records
Apr 21, 1988
Sold
$875,000
$96/sq ft
Public Records
Feb 26, 1987
Sold
$220,000
$24/sq ft
Public Records
Aug 14, 1986
Sold
$158,040
$17/sq ft
Public Records
Sep 22, 1980
Sold
$117,000
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$32,440 (+1.1%)
$1,287,758 + $1,609,701
$2,897,459
2024
$32,087 (+2.3%)
$1,287,758 + $1,609,701
$2,897,459
2023
$31,368 (+1.7%)
$1,262,508 + $1,578,139
$2,840,647
2022
$30,834 (+1.8%)
$1,237,753 + $1,547,196
$2,784,949
2021
$30,286 (+1.4%)
$1,213,484 + $1,516,859
$2,730,343
2020
$29,858 (+2.5%)
$1,189,691 + $1,487,117
$2,676,808
2019
$29,142 (+1.6%)
$1,177,493 + $1,471,869
$2,649,362
2018
$28,685 (+1.7%)
$1,154,405 + $1,443,009
$2,597,414
2017
$28,213 (+3.3%)
$1,109,579 + $1,386,976
$2,496,555
2016
$27,307 (+2.1%)
$1,109,579 + $1,386,976
$2,496,555
2015
$26,757 (+0.8%)
$1,087,823 + $1,359,781
$2,447,604
2014
$26,554 (+3.6%)
$1,050,495 + $1,313,120
$2,363,615
2012
$25,620 (+1.9%)
$1,045,748 + $1,307,186
$2,352,934
2011
$25,148 (+2.1%)
$1,025,244 + $1,281,555
$2,306,799
2010
$24,620 (−1.2%)
$1,005,142 + $1,256,427
$2,261,569
2009
$24,909 (+17.8%)
$997,630 + $1,247,037
$2,244,667
2008
$21,147
$1,000,000 + $1,250,000
$2,250,000
Public record
Public record
Zoning
Permits
Beds
13
Baths
21
Stories
—
Lot width
—
Lot depth
—
Lot size
7,460 Sq. Ft.
Year renovated
1987
Sq. Ft.
9,157
Year built
1987
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
5680012010
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 11, 2026.
R 3050
Moderate Density Residential Zone
The R-3050 zone is intended primarily as a zone for moderate density residential development with a minimum of 3,050 square feet of lot area per dwelling unit or approved overlay zone uses, in conformance with the comprehensive general plan of the city. This zone is intended to act as a transition and buffer between low density residential land uses and more intensive development and to stabilize well maintained neighborhoods that have been developed generally in harmony with the open space and other amenities associated with low and moderate density residential land uses. Wireless telecommunication facilities are disfavored from locating in this zone, permitting these facilities only when no feasible alternative site exists or when a denial would constitute a prohibition on the provision of the affected telecommunications service.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Housing-Multiple units
Housing-Senior
Park & open space
Apr 9, 2018 • Final
Indigenous tree permit: pruning - routine only
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 17
Assigned, Subterranean
Has Parking
# of Parking Spaces: 17
Interior
Laundry Information
Has Laundry
Washer Included, Dryer Included
Heating Information
Forced Air
Has Heating
Interior Features
Entry Level: 2
Entry Location: 2ed floor
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 459299418
Listing Key Numeric: 459299408
Actual Rent: $3,300
Total # of Baths: 3
# of Baths Full: 2
# of Baths Half: 1
Total # of Beds: 3
# of Garage Spaces: 2
Furnished: Unfurnished
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 459299419
Listing Key Numeric: 459299408
Actual Rent: $2,750
Total # of Baths: 3
# of Baths Full: 2
# of Baths Half: 1
Furnished: Unfurnished
Total # of Beds: 2
# of Garage Spaces: 2
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 459299408
Unit Key Numeric: 459299420
Actual Rent: $3,100
Total # of Baths: 3
# of Baths Full: 2
# of Baths Half: 1
Total # of Beds: 2
# of Garage Spaces: 2
Furnished: Unfurnished
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 459299408
Unit Key Numeric: 459299421
Actual Rent: $2,100
Total # of Baths: 2
# of Baths Full: 1
# of Baths Half: 1
Total # of Beds: 1
# of Garage Spaces: 1
Furnished: Unfurnished
Total # of Units: 1
Unit Type 5 Information
Unit Key Numeric: 459299422
Listing Key Numeric: 459299408
Actual Rent: $2,050
Total # of Baths: 2
# of Baths Full: 1
# of Baths Half: 1
Total # of Beds: 1
# of Garage Spaces: 1
Furnished: Unfurnished
Total # of Units: 1
Unit Type 6 Information
Listing Key Numeric: 459299408
Unit Key Numeric: 459299423
Actual Rent: $3,000
Total # of Baths: 3
# of Baths Full: 2
# of Baths Half: 1
Total # of Beds: 2
# of Garage Spaces: 2
Furnished: Unfurnished
Total # of Units: 1
Unit Type 7 Information
Unit Key Numeric: 459299424
Listing Key Numeric: 459299408
Actual Rent: $2,900
Total # of Baths: 3
# of Baths Full: 2
# of Baths Half: 1
Total # of Beds: 2
# of Garage Spaces: 2
Furnished: Unfurnished
Total # of Units: 1
Unit Type 8 Information
Unit Key Numeric: 459299425
Listing Key Numeric: 459299408
Actual Rent: $2,750
Total # of Baths: 3
# of Baths Full: 2
# of Baths Half: 1
Total # of Beds: 2
# of Garage Spaces: 2
Furnished: Unfurnished
Total # of Units: 1
Unit Type 9 Information
Unit Key Numeric: 459299426
Listing Key Numeric: 459299408
Actual Rent: $3,200
Total # of Baths: 3
# of Baths Full: 2
# of Baths Half: 1
Total # of Beds: 2
# of Garage Spaces: 2
Furnished: Unfurnished
Total # of Units: 1
Expenses
Trash: $1,310
Total: $49,297
Insurance: $3,411
Water Sewer: $6,760
Multi-Unit Information
Net Operating Income: $257,299.30
Average 3 Bed Area Units: Sq. Ft.
Average 3 Bed Area: 1,557
Average 2 Bed Area Units: Sq. Ft.
Average 2 Bed Area: 1,000
Average 1 Bed Area Units: Sq. Ft.
Average 1 Bed Area: 800
Sq. Ft.
Total Building Area: 9,157
Gross Scheduled Income: $301,800
Gross Multiplier: 14.58
# Of Leased Units: 9
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 9
# Of Separate Electric Meters: 9
# Of Buildings: 1
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 0-1 Unit/Acre
Property Information
Common Interest: Community Apartment
Total # of Units: 9
Common Walls: 2+ common walls
Parcel Number: 5680012010
Attached Property
Total # of Stories: 3
Year Built Source: Public Records
Property ADU: No
Financial
Assesments Information
Assessments: Unknown, Buyer to Verify
Lease / Rental Details
Operating Expense: $44,500.70
Rent Control
Tenant Pays: Gas, Electricity
Total Actual Rent: $9
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Sidewalks
Location Information
Latitude: 34.14087300
Longitude: -118.23763500
Directions: E Broadway, S Verdugo Rd and E Colorado St to Left Porter St
Zoning: GLR4*
Public facts
Beds: 13
Baths: 21.0
Sq. Ft.: 9,157
Stories: —
Lot Size: 7,460 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1987
Year Renovated: 1987
County: Los Angeles County
APN: 5680012010
Home facts updated by county records on Sep 11, 2026
Other
Listing Information
IDX Contact Info: 747-221-2675
Days Active in MLS: 8
Continuous Days Active in MLS: 8
Listing Agent Information
List Agent First Name: Petros
List Agent Last Name: Gumrikyan
Listing Office Information
List Office Name: Pinnacle Estate Properties
Selling Agent Information
Buyer Agent First Name: Henry
Buyer Agent Last Name: Horn
Co-Buyer Agent First Name: Joe
Co-Buyer Agent Last Name: Myers
Selling Office Information
Buyer Office Name: Compass
Co-Buyer Office Name: Compass
Around this home
Schools
John Muir Elementary School
Public K-6 • Assigned • 0.4mi
8/10
Woodrow Wilson Middle School
Public 6-8 • Assigned • 1.0mi
8/10
Glendale High School
Public 9-12 • Assigned • 0.4mi
6/10
Provided by GreatSchools
Local insights from Redfin agents
Glendale is an awesome LA suburb! Stunning tree-lined streets, epic hillside views, walkable downtown energy, and super family charm — all at medians around $1M–$1.15M — with buyer momentum building and steady appreciation, it's the ideal place to...
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 97° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
11 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Glendale, CA • 91205
Average low and high temperatures (°F)
71
48
73
50
76
53
74
53
77
57
81
60
82
61
88
65
85
64
81
58
73
51
70
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
This home ranks in the top 14% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.