Multi-family
1642 S Central · Glendale, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 6/10 · Moderate
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 23 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 5/10 · Moderate
- Unhealthy air days now
- 8 days/yr
- Unhealthy air days in 30 yrs
- 8 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +9.4/10.0
- Schools +5.1/10.0
- Livability +3.6/5.0
- Appreciation +3.0/10.0
- Condition / age +2.5/5.0
- Rent growth +2.0/5.0
$4,399,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records
Listing remarks MLS
We are pleased to exclusively present for sale a premiere Development Opportunity in the City of Glendale. This is the mixed-use 31 units apartment complex project. There is a fantastic opportunity for an investor/developer to acquire and build dream contemporary income property and take advantage of strong rent growth and positive market momentum in a dynamic Glendale City. There are only 3 low-income units in this approved project. Total square footage of building: 40,240 sq. ft.
Key facts
- 9,962 sq ft lot
- 17 garage spots
- Built 1915
Neighborhood map
What this means for you Summary
Snapshot
- This is a multifamily listed at $4.40M.
Deal economics
- At list price, monthly cash flow is $24k ($288k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($63k rent vs $4.40M).
- Recommended offer: $4.27M (3.0% below list) — sets the bar for market timing.
- Cap rate 12.8% vs local median 1.9% in Glendale — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 72/100 on livability (#201 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, schools B+; Watch: health & safety C-, cost of living F.
- Glendale Unified (urban): math 53% / reading 66% proficiency, ranked #81 of 517 in CA (top 16%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: Rents soft (-1.9%/yr); 28 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
- At $63,333/mo this rent would consume 1025% of the median local household income ($74k/yr) (locally 1864% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $30k of loan paydown is wiped out by about $132k of value loss. Plan a longer hold.
- Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (-3.0% appreciation + 0.0% rent growth), your $1.23M cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- It's been on market 40 days — a 3% lower offer ($4.27M) is reasonable based on typical stale-listing flexibility.
- 11 sale attempts since 21y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
- Current owner paid $1.15M; list at $4.40M implies a 283% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 40 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.44% ✓
- Cap rate
- 12.83%
- Cash-on-cash
- 23.35%
- DSCR
- 2.04
- GRM
- 5.8
CMA / ARV
- ARV (median comp)
- $8,359,803
- List price
- $4,399,000
- Delta
- -47.38%
- Verdict
- UNDERPRICED
- Comps
- 1 within 2.0 mi
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- 13.2%
- Equity multiple
- 1.51×
- Total profit
- $626,236
- Equity at exit
- $655,905
- IRR
- 19.8%
- Equity multiple
- 2.45×
- Total profit
- $1,786,545
- Equity at exit
- $380,345
Cash invested: $1,231,720 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 18 Strongly Tenant-Friendly
- State California
- 18 Strongly Tenant-Friendly · D+13
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 91204
- Home prices YoY
- -0.9%
- Rents YoY
- -1.9%
- Active inventory
- 28
- Price-to-rent
- 179.4×
Monthly cashflow live
- Estimated rent
- $63,333 high interval (Pro) →
- Mortgage (P&I)
- −$23,069
- Tax from tax record
- −$1,166 /mo · $13,990/yr
- Insurance
- −$1,833
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$13,300
- Net cashflow
- $23,965
Break-even live
Sensitivity live
| Price | -10% $26,456 | -5% $25,211 | +0% $23,965 | +5% $22,720 | +10% $21,475 |
|---|---|---|---|---|---|
| Rent | -10% $18,962 | -5% $21,464 | +0% $23,965 | +5% $26,467 | +10% $28,969 |
| Rate | -1.0pp $26,181 | -0.5pp $25,084 | base $23,965 | +0.5pp $22,826 | +1.0pp $21,666 |
31-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 31× units | 1 | 1 | $63,333 |
| #1 | 1 | 1 | $2,043 |
| #2 | 1 | 1 | $2,043 |
| #3 | 1 | 1 | $2,043 |
| #4 | 1 | 1 | $2,043 |
| #5 | 1 | 1 | $2,043 |
| #6 | 1 | 1 | $2,043 |
| #7 | 1 | 1 | $2,043 |
| #8 | 1 | 1 | $2,043 |
| #9 | 1 | 1 | $2,043 |
| #10 | 1 | 1 | $2,043 |
| #11 | 1 | 1 | $2,043 |
| #12 | 1 | 1 | $2,043 |
| #13 | 1 | 1 | $2,043 |
| #14 | 1 | 1 | $2,043 |
| #15 | 1 | 1 | $2,043 |
| #16 | 1 | 1 | $2,043 |
| #17 | 1 | 1 | $2,043 |
| #18 | 1 | 1 | $2,043 |
| #19 | 1 | 1 | $2,043 |
| #20 | 1 | 1 | $2,043 |
| #21 | 1 | 1 | $2,043 |
| #22 | 1 | 1 | $2,043 |
| #23 | 1 | 1 | $2,043 |
| #24 | 1 | 1 | $2,043 |
| #25 | 1 | 1 | $2,043 |
| #26 | 1 | 1 | $2,043 |
| #27 | 1 | 1 | $2,043 |
| #28 | 1 | 1 | $2,043 |
| #29 | 1 | 1 | $2,043 |
| #30 | 1 | 1 | $2,043 |
| #31 | 1 | 1 | $2,043 |
| Total (31 units) | $63,333 | ||
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $1,099,750
- Closing costs
- $131,970
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3909 San Fernando Rd Glendale, CA | 1.0 | 1.0 | 646 | $2,648 | $4.10 | 4d | 6 | 0.07mi |
| 3900 San Fernando Rd Glendale, CA | 2.0 | 1.0–2.0 | 1073 | $4,429 | $4.13 | 0d | 20 | 0.13mi |
| 435 W Los Feliz Rd Glendale, CA | 1.0–2.0 | 1.0–2.0 | 990 | $4,540 | $4.58 | 0d | 20 | 0.18mi |
| 3720 San Fernando Rd Glendale, CA | 1.0 | 1.0 | 650 | $1,975 | $3.04 | 14d | 1 | 0.20mi |
| 203 W Cypress St Unit 205 Glendale, CA | 1.0 | 1.0 | 600 | $1,450 | $2.42 | 25d | 1 | 0.30mi |
| 4028 Perlita Ave Unit 08 Los Angeles, CA | 1.0 | 1.0 | 720 | $2,000 | $2.78 | 25d | 1 | 0.38mi |
| 209 W Palmer Ave Unit B Glendale, CA | 1.0 | 1.0 | 550 | $2,095 | $3.81 | 44d | 1 | 0.46mi |
| 348 W Chevy Chase Dr Glendale, CA | 2.0 | 1.0 | 800 | $2,595 | $3.24 | 23d | 1 | 0.48mi |
| 3612 Brunswick Ave Los Angeles, CA | 1.0 | 1.0 | 400 | $2,395 | $5.99 | 25d | 1 | 0.50mi |
| 3612 Brunswick Ave Unit 399361214 Los Angeles, CA | 1.0 | 1.0 | 400 | $2,395 | $5.99 | 23d | 1 | 0.50mi |
| 518 E Cypress St Glendale, CA | 1.0 | 1.0 | 670 | $1,850 | $2.76 | 2d | 1 | 0.58mi |
| 3205 Los Feliz Blvd Los Angeles, CA | 1.0 | 1.0 | 562 | $3,028 | $5.38 | 0d | 8 | 0.59mi |
| 208 E Chevy Chase Dr Unit 1 Glendale, CA | 1.0 | 1.0 | 650 | $1,950 | $3.00 | 44d | 1 | 0.60mi |
| 1258 Mariposa St Unit C Glendale, CA | 1.0 | 1.0 | 600 | $2,450 | $4.08 | 44d | 1 | 0.60mi |
| 4323 Perlita Ave Unit 4317 Los Angeles, CA | 1.0 | 1.0 | 650 | $1,895 | $2.92 | 44d | 1 | 0.63mi |
| 406 E Palmer Ave Unit 7 Glendale, CA | 1.0 | 1.0 | 624 | $1,750 | $2.80 | 3d | 1 | 0.64mi |
| 406 E Palmer Ave Glendale, CA | 1.0 | 1.0 | 624 | $1,750 | $2.80 | 2d | 1 | 0.64mi |
| 3939 Veselich Ave #423 Los Angeles, CA | 1.0 | 1.0 | 667 | $2,400 | $3.60 | 21d | 1 | 0.64mi |
| 1256 Boynton St Unit 15 Glendale, CA | 1.0 | 1.0 | 616 | $1,950 | $3.17 | 0d | 1 | 0.69mi |
| 449 W Garfield Ave Unit 449D Glendale, CA | 1.0 | 1.0 | 650 | $2,250 | $3.46 | 44d | 1 | 0.69mi |
| 449 W Garfield Ave Glendale, CA | 1.0–2.0 | 1.0 | 775 | $2,750 | $3.55 | 25d | 2 | 0.69mi |
| 420 W Windsor Rd Glendale, CA | 1.0–2.0 | 1.0–2.0 | 900 | $2,498 | $2.78 | 7d | 3 | 0.74mi |
| 4056 Bemis St Los Angeles, CA | 1.0 | 1.0 | 400 | $1,550 | $3.88 | 44d | 1 | 0.82mi |
| 206 W Maple St Glendale, CA | 1.0 | 1.0 | 590 | $2,095 | $3.55 | 13d | 2 | 0.82mi |
| 200 W Maple St Unit 206C Glendale, CA | 1.0 | 1.0 | 600 | $2,195 | $3.66 | 11d | 1 | 0.83mi |
| 200 W Maple St Unit 200A Glendale, CA | 1.0 | 1.0 | 580 | $1,995 | $3.44 | 25d | 1 | 0.83mi |
| 903 Mariposa St Glendale, CA | 1.0 | 1.0 | 450 | $1,750 | $3.89 | 44d | 1 | 0.84mi |
| 831 Mariposa St Glendale, CA | 1.0 | 1.0 | 450 | $1,800 | $4.00 | 44d | 1 | 0.85mi |
| 314 Lincoln Ave Apt 15 Glendale, CA | 1.0 | 1.0 | 545 | $1,785 | $3.28 | 14d | 1 | 0.88mi |
| 314 Lincoln Ave Apt 15 Glendale, CA | 1.0 | 1.0 | 545 | $1,785 | $3.28 | 4d | 1 | 0.88mi |
| 417 Riverdale Dr Glendale, CA | 1.0 | 1.0 | 675 | $2,450 | $3.63 | 44d | 1 | 0.91mi |
| 417 Riverdale Dr Unit 415C Glendale, CA | 1.0 | 1.0 | 675 | $2,250 | $3.33 | 44d | 1 | 0.91mi |
| 417 Riverdale Dr Unit 417C Glendale, CA | 1.0 | 1.0 | 675 | $1,995 | $2.96 | 25d | 1 | 0.91mi |
| 600 E Garfield Ave Unit 25 Glendale, CA | 2.0 | 1.0 | 700 | $1,995 | $2.85 | 8d | 1 | 0.92mi |
| 701 S Louise St Unit 228 Glendale, CA | 1.0 | 1.0 | 600 | $1,825 | $3.04 | 25d | 1 | 0.93mi |
| 228 E Maple St Unit D Glendale, CA | 1.0 | 1.0 | 600 | $1,825 | $3.04 | 4d | 1 | 0.93mi |
| 320 W Lomita Ave Glendale, CA | 1.0 | 1.0 | 695 | $2,150 | $3.09 | 44d | 1 | 0.94mi |
| 320 W Lomita Ave Unit 10 Glendale, CA | 1.0 | 1.0 | 695 | $1,995 | $2.87 | 25d | 1 | 0.94mi |
| 526 E Windsor Rd #03 Glendale, CA | 1.0 | 1.0 | 650 | $1,787 | $2.75 | 0d | 1 | 0.95mi |
| 526 E Windsor Rd #03 Glendale, CA | 1.0 | 1.0 | 650 | $1,787 | $2.75 | 2d | 1 | 0.95mi |
Listing history 45 events
-
2026-06-21days on market $4,399,000 Active 40 DOM
-
2026-06-18days on market $4,399,000 Active 37 DOM
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2026-06-17days on market $4,399,000 Active 36 DOM
-
2026-06-16days on market $4,399,000 Active 35 DOM
-
2026-06-15days on market $4,399,000 Active 34 DOM
-
2026-06-13days on market $4,399,000 Active 32 DOM
-
2026-06-13days on market $4,399,000 Active 31 DOM
-
2026-06-09days on market $4,399,000 Active 28 DOM
-
2026-06-08days on market $4,399,000 Active 27 DOM
-
2026-06-07days on market $4,399,000 Active 26 DOM
-
2026-06-04days on market $4,399,000 Active 23 DOM
-
2026-06-03days on market $4,399,000 Active 22 DOM
-
2026-06-02days on market $4,399,000 Active 21 DOM
-
2026-06-01days on market $4,399,000 Active 20 DOM
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2026-05-31days on market $4,399,000 Active 19 DOM
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2026-05-12$4,399,000 Active 486-char remark
Show marketing remark (486 chars)
We are pleased to exclusively present for sale a premiere Development Opportunity in the City of Glendale. This is the mixed-use 31 units apartment complex project. There is a fantastic opportunity for an investor/developer to acquire and build dream contemporary income property and take advantage of strong rent growth and positive market momentum in a dynamic Glendale City. There are only 3 low-income units in this approved project. Total square footage of building: 40,240 sq. ft.
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2019-10-02soldstatus $1,150,000 Closed Sale 820-char remark
Show marketing remark (820 chars)
Attention investors, builders and developers here is an excellent project for you!!! This 10385 sqft corner lot Zoned SFMU (Commercial/Residential Mixed Use) in the City of Glendale is a desirable development site. High Density zoning for many possibilities of expansion! Potential for building up to 6 stories high and 15-24 units!!! Renderings included. Property tagged as historical resource, buyer needs to obtain focused EIR. This lot provides the rare opportunity to acquire a well-sized parcel of land in a thriving urban center. It is located one block away from the Glendale Galleria and The Americana, major shopping centers featuring countless shopping, dining and entertainment options, within the Golden State Freeway (1-5), Glendale Freeway (SR-2), and Ventura Freeway (SR-134), as well as the 210 Freeway.
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2019-10-02soldstatus $1,150,000
Show marketing remark (820 chars)
Attention investors, builders and developers here is an excellent project for you!!! This 10385 sqft corner lot Zoned SFMU (Commercial/Residential Mixed Use) in the City of Glendale is a desirable development site. High Density zoning for many possibilities of expansion! Potential for building up to 6 stories high and 15-24 units!!! Renderings included. Property tagged as historical resource, buyer needs to obtain focused EIR. This lot provides the rare opportunity to acquire a well-sized parcel of land in a thriving urban center. It is located one block away from the Glendale Galleria and The Americana, major shopping centers featuring countless shopping, dining and entertainment options, within the Golden State Freeway (1-5), Glendale Freeway (SR-2), and Ventura Freeway (SR-134), as well as the 210 Freeway.
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2019-10-02soldstatus $1,150,000
Show marketing remark (820 chars)
Attention investors, builders and developers here is an excellent project for you!!! This 10385 sqft corner lot Zoned SFMU (Commercial/Residential Mixed Use) in the City of Glendale is a desirable development site. High Density zoning for many possibilities of expansion! Potential for building up to 6 stories high and 15-24 units!!! Renderings included. Property tagged as historical resource, buyer needs to obtain focused EIR. This lot provides the rare opportunity to acquire a well-sized parcel of land in a thriving urban center. It is located one block away from the Glendale Galleria and The Americana, major shopping centers featuring countless shopping, dining and entertainment options, within the Golden State Freeway (1-5), Glendale Freeway (SR-2), and Ventura Freeway (SR-134), as well as the 210 Freeway.
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2019-09-06status Pending Sale 820-char remark
Show marketing remark (820 chars)
Attention investors, builders and developers here is an excellent project for you!!! This 10385 sqft corner lot Zoned SFMU (Commercial/Residential Mixed Use) in the City of Glendale is a desirable development site. High Density zoning for many possibilities of expansion! Potential for building up to 6 stories high and 15-24 units!!! Renderings included. Property tagged as historical resource, buyer needs to obtain focused EIR. This lot provides the rare opportunity to acquire a well-sized parcel of land in a thriving urban center. It is located one block away from the Glendale Galleria and The Americana, major shopping centers featuring countless shopping, dining and entertainment options, within the Golden State Freeway (1-5), Glendale Freeway (SR-2), and Ventura Freeway (SR-134), as well as the 210 Freeway.
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2019-07-23$1,195,000 Active 820-char remark
Show marketing remark (820 chars)
Attention investors, builders and developers here is an excellent project for you!!! This 10385 sqft corner lot Zoned SFMU (Commercial/Residential Mixed Use) in the City of Glendale is a desirable development site. High Density zoning for many possibilities of expansion! Potential for building up to 6 stories high and 15-24 units!!! Renderings included. Property tagged as historical resource, buyer needs to obtain focused EIR. This lot provides the rare opportunity to acquire a well-sized parcel of land in a thriving urban center. It is located one block away from the Glendale Galleria and The Americana, major shopping centers featuring countless shopping, dining and entertainment options, within the Golden State Freeway (1-5), Glendale Freeway (SR-2), and Ventura Freeway (SR-134), as well as the 210 Freeway.
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2019-07-23$1,195,000
Show marketing remark (820 chars)
Attention investors, builders and developers here is an excellent project for you!!! This 10385 sqft corner lot Zoned SFMU (Commercial/Residential Mixed Use) in the City of Glendale is a desirable development site. High Density zoning for many possibilities of expansion! Potential for building up to 6 stories high and 15-24 units!!! Renderings included. Property tagged as historical resource, buyer needs to obtain focused EIR. This lot provides the rare opportunity to acquire a well-sized parcel of land in a thriving urban center. It is located one block away from the Glendale Galleria and The Americana, major shopping centers featuring countless shopping, dining and entertainment options, within the Golden State Freeway (1-5), Glendale Freeway (SR-2), and Ventura Freeway (SR-134), as well as the 210 Freeway.
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2018-04-30historical
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2018-04-30historical
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2018-04-30historical
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2018-04-30historical
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2018-02-23price $1,699,000
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2018-02-23price $1,699,000
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2018-02-14status Active
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2018-02-14status Active
-
2018-02-14historical Hold Do Not Show
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2018-02-14historical Hold Do Not Show
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2018-02-12$1,799,000 Active
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2018-02-12$1,699,000
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2018-02-12$1,699,000
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2018-02-12$1,799,000 Active
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2017-11-30soldstatus $1,030,000
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2014-03-24price $785,000
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2014-03-24historical
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2013-12-06price $790,000
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2013-11-08price $749,000
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2013-07-02$849,000 Active
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2006-01-19soldstatus $510,000
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2005-12-16soldstatus $520,000
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2005-11-18$520,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast CA · Resets to sale price
- Current annual tax
- $13,990 · $1,166/mo
- Projected year-2 tax
- $33,432 · $2,786/mo
- Expected delta
- +$19,442/yr (+$1,620/mo · 139.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 6/10 Major 7 d/yr ≥97°F today · 23 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 5/10 Major 8 unhealthy d/yr today · 8 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $759,996
- − Mortgage interest
- −$246,412
- − Property taxes
- −$13,990
- − Insurance
- −$21,995
- − Repairs & maintenance
- −$60,800
- − Management
- −$60,800
- − Depreciation
- −$127,971
- Taxable income
- $228,028
- Est. tax owed @ 24.0%
- −$54,727
- After-tax cash flow
- $232,859/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Glendale Unified
- NCES district ID
- 0615240
- Math proficiency
- 53% ▼ -1.00%
- Reading proficiency
- 66% ▲ 2.00%
- Median HH income
- $58,064
- Composite
- 51.38/100
- National rank
- #1733
- State rank
- #81 of 517 in CA
Livability — Glendale
- Score
- 72/100
- State rank
- #201
- US rank
- #6508
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Glendale, CA
- County
- Los Angeles County · 9,444,647 people
- City population
- 172,545
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Population (ZIP)
- 17,857
- Household income
- $74,144
- Rent vs Own
- Severe rent burden
- 1864.0
Population outlook (Los Angeles County) Hauer SSP2
- Today (2025)
- 10,940,515 people
- By 2030
- 11,256,481 · +2.9%
- By 2040
- 11,729,929 · +7.2%
- By 2050
- 11,948,407 · +9.2%
- By 2075
- 11,818,114 · +8.0%
- By 2100
- 10,842,928 · -0.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.64)
- Race & ethnicity
- White 44% Hispanic / Latino 37% Asian 15% Two or more races 7% Black 2%
- Hispanic origin (detail)
- Mexican 25%
- Common ancestry
- Romanian 1% Scotch-Irish 1% Italian 1%
- Foreign-born
- 56% · Canada, South Korea, Jamaica
- Languages at home
- 26% English-only · Spanish 31% Other Indo-European 29% Tagalog/Filipino 7%
Political lean MEDSL · Los Angeles
- 2024 margin
- Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
- 2008→2024 swing
- -7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
- All cycles
- 2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -3.92%
- Current HPI
- 434.5957
- Rent YoY
- ▼ -1.95%
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- State GDP YoY
- ▲ 3.21%
- F500 in state
- 116
Industry mix (Fortune 500 HQ in CA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 27 | $1,492B |
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| Financial Services | 3 | $174B |
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| Retail | 3 | $44B |
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| Insurance | 3 | $26B |
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| Media / Entertainment | 2 | $115B |
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
+746.0% since first listed30 events — show timeline
- 2026-05-12 Listed $4,399,000 CRMLS
- 2019-10-02 Sold (Public Records) $1,150,000 Public Records
- 2019-10-02 Sold (MLS) $1,150,000 SDMLS
- 2019-10-02 Sold (MLS) $1,150,000 CRMLS
- 2019-09-06 Pending — CRMLS
- 2019-07-23 Listed $1,195,000 SDMLS
- 2019-07-23 Listed $1,195,000 CRMLS
- 2018-04-30 Listing Removed — CRMLS
- 2018-04-30 Listing Removed — SDMLS
- 2018-04-30 Listing Removed — SDMLS
- 2018-04-30 Listing Removed — CRMLS
- 2018-02-23 Price Changed $1,699,000 CRMLS
- 2018-02-23 Price Changed $1,699,000 CRMLS
- 2018-02-14 Relisted — CRMLS
- 2018-02-14 Relisted — CRMLS
- 2018-02-14 Delisted — CRMLS
- 2018-02-14 Delisted — CRMLS
- 2018-02-12 Listed $1,799,000 CRMLS
- 2018-02-12 Listed $1,699,000 SDMLS
- 2018-02-12 Listed $1,699,000 SDMLS
- 2018-02-12 Listed $1,799,000 CRMLS
- 2017-11-30 Sold (Public Records) $1,030,000 Public Records
- 2014-03-24 Price Changed $785,000 CRMLS
- 2014-03-24 Listing Removed — CRMLS
- 2013-12-06 Price Changed $790,000 CRMLS
- 2013-11-08 Price Changed $749,000 CRMLS
- 2013-07-02 Listed $849,000 CRMLS
- 2006-01-19 Sold (Public Records) $510,000 Public Records
- 2005-12-16 Sold (MLS) $520,000 CRMLS
- 2005-11-18 Listed $520,000 CRMLS
Property tax history
+5.3%/yrLatest (2025): $13,990 · +2.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…