Multiple Listing Service Los Angeles Real Estate

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1542 E Broadway , Glendale, CA. 91205

Listing Price: $2,100,000
Beds: 8 | Baths: 8

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MLS#: 26661137

APN#: 5680-025-029

Status: Active-Contract

Lot Size: 8092

Sq Ft: 5484

Beds: 8

Baths: 8

Style: Spanish

Year Built: 1937

Subdivision:

Roof: N/A

Spa: N/A

Tennis: N/A

Laundry: N/A

Heat: Floor

Air: Window Unit(s)

Property Type: Income

Sale Type: Standard

Land Type: N/A

Lease Amount: N/A

Lease Exp: N/A

HOD: N/A

Area: Glendale-South of 134 Fwy

City: Glendale

Zip code: 91205

Map: N/A

View: N/A

Waterfront: N/A

Sewer: N/A

Parking # 6

Security: N/A

Amenities: N/A

Pool:

Floor: N/A

Rooms: N/A

Fireplace: N/A

Parking: Carport Detached, Garage - 3 Car
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Remarks Community Report

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 side-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.

Seller's Agents

- Name: Keshishian, Sevak | Email
- Phone: 818-212-2694
- Cell: 818-726-0922
- CalDRE #: 01887505
- Office: Marcus & Millichap
- Office Phone: 818-212-2700
- Name: Parseghian, Shara Email
- Phone: 818-292-2692
- Cell: 818-606-8181
- CalDRE #: 01991749
- Office Name: Marcus & Millichap
- Office Phone: 818-212-2700

Buyer's Agents

- Name: N/A, N/A |
- Phone: N/A
- Cell: N/A
- Lic #: N/A
- Office: N/A
- Office Phone: N/A
- Name: N/A, N/A
- Phone: N/A
- Cell: N/A
- Lic #: N/A
- Office Name: N/A
- Office Phone: N/A

Last Updated: 4/14/2026 10:00:49 AM

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