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1004 E Garfield Ave
Glendale CA 91205 US

$2,800,000

Active Listing ID 26853505
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16 bed
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16.00 Bath (2 Full)
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Lot: 0.20 Acres
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Other

$2,800,000

Active Listing ID 26853505
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1004 E Garfield Ave Located in the heart of Glendale, California, 1004 E Garfield Avenue presents a rare opportunity to acquire an 8-unit multifamily asset in one of the region's most desirable and supply-constrained rental markets. Built in 1987, the property consists entirely of spacious two-bedroom units and encompasses approximately 7, 578 square feet of improvements situated on an 8, 276-square-foot lot. Its attractive unit mix, strong residential appeal, and convenient location provide investors with a stable income-producing asset positioned for long-term growth. The property is currently offered at $2, 800, 000, representing approximately $350, 000 per unit and $369 per square foot. With an in-place cap rate of approximately 5.50%and a current gross rent multiplier (GRM) of 11.90, the asset delivers immediate cash flow while maintaining meaningful upside through continued rent growth. The building's larger unit configurations and favorable vintage compare well against recent multifamily sales in the surrounding Glendale submarket, supporting the offering's competitive positioning . Glendale continues to benefit from a diverse employment base, excellent school systems, and strong connectivity to major employment centers throughout Los Angeles. Residents enjoy close proximity to Downtown Glendale, The Americana at Brand, Glendale Galleria, major transportation corridors, and a wide array of dining, retail, and entertainment amenities. These factors have contributed to sustained renter demand, low vacancy levels, and consistent rental appreciation, making the market attractive to both private and institutional investors. 1004 E Garfield Avenue represents an ideal acquisition for investors seeking a combination of stable in-place income, durable fundamentals, and future appreciation potential. The property's desirable all two-bedroom unit mix, strong Glendale location, and opportunity to capture additional revenue through market rent growth position it as a compelling investment opportunity in one of Southern California's most resilient multifamily markets.

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Property Features

  • Facts
  • Lot Size: 0.20 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Cooling System: Central Air
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2800000
  • unparsedaddress: 1004 E Garfield Ave
  • postalcity: Glendale
  • stateorprovince: CA
  • country: US
  • postalcode: 91205
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1966
  • lotsizeunits: Acres
  • lotsizearea: 0.1966
  • livingarea: 7578
  • livingareaunits: Square Feet
  • latitude: 34.135687
  • longitude: -118.242772
  • listagentfullname: Andy Anubhav Kawatra
  • listagentemail: andykawatra@equityunion.com
  • listagentkey: 3yd-CLAWCA-C107144
  • listagentmlsid: C107144
  • listagentpreferredphone: 8184567846
  • listagentofficephone: 8189892000
  • listofficekey: 3yd-CLAWCA-X7252104
  • listagentstatelicense: 01881930
  • listofficemlsid: X7252104
  • disclaimer: Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1987
  • listingcontractdate: 2026-06-29
  • listagenturl: https://www.andykawatra.com
  • countyorparish: Los Angeles
  • parcelnumber: 5675-030-031
  • cooling: Central Air
  • heating: Central
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Carport, Assigned
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 4, Bedroom 7, Bedroom 13, Bedroom 1, Bedroom 14, Bedroom 10, Bathroom 6, Bathroom 11, Bathroom 8, Bedroom 6, Bedroom 2, Bathroom 15, Bedroom 16, Bedroom 5, Bathroom 16, Bathroom 5, Bathroom 12, Bathroom 14, Bedroom 3, Bathroom 1, Bathroom 9, Bathroom 4, Bedroom 15, Bathroom 2, Bedroom 8, Bedroom 9, Bathroom 13, Bathroom 10, Bathroom 3, Bedroom 11, Bathroom 7, Bedroom 12
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.242775, 34.13569
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Equity Union Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"andykawatra@equityunion.com", "ListBrokerageCity":"Sherman Oaks", "ListBrokerageCountry":"US", "ListBrokerageEmail":"veronica@equityunion.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Equity Union Real Estate", "ListBrokeragePhone":"(818) 989-2000", "ListBrokeragePostalCode":"91423", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"STE 350", "ListBrokerageUnparsedAddress":"13412 VENTURA BLVD", "ListBrokerageWebsiteUrl":"https://equityunion.com", "ListOfficeAddress1":"13400 Ventura Blvd. ", "ListOfficeAddress2":"STE 350", "ListOfficeBrokerMlsId":"X7252104", "ListOfficeCity":"Sherman Oaks", "ListOfficeCountry":"US", "ListOfficeEmail":"veronica@equityunion.com", "ListOfficePostalCode":"91423", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Glendale, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1004-E-Garfield-Ave_Glendale_CA_91205_M18607-32030?f=listhub&s=CLAWCA&m=26853505&c=rexren", "MLSModificationTimestamp":"2026-07-13 08:28:45", "Neighborhoods":[{"Description":null, "Name":"Glendale-South of 134 Fwy"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/13/2026 3:42:26 PM GMT
Source Updated Date: 7/16/2026 12:44:24 PM GMT

Courtesy of: Andy Anubhav Kawatra, Equity Union, andykawatra@equityunion.com

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.