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31545338
31545344

300 E Garfield Avenue, Glendale, CA 91205 For Sale

RH
Silver Spoon Properties
Silver Spoon Properties
Listed by Silver Spoon Properties
$2,395,000
106 days on market
Updated 105 days ago

300 E Garfield Avenue

Details
APN 5641016005
Property Type Multifamily
Sub Type Apartment Building
Units 8
Cap Rate 4.30%
Buildings 1
Acreage 0.172
Zoning Public Rec

Multifamily | 4.30% CAP | 8 Units

Marketing description

Exceptional investment opportunity in the heart of Glendale! This well-maintained 8-unit multifamily property offers an impressive unit mix consisting of one 3-bedroom/2-bath unit with a private 1-car garage, one 2-bedroom/1-bath unit, five 1-bedroom/1-bath units, and one studio unit with an attached garage. The property has had no vacancies for many years, reflecting its strong rental stability and desirable location. Recent capital improvements include a brand-new roof, new gutters, and copper plumbing throughoutminimizing maintenance needs and maximizing long-term value. Five tenants currently participate in the Section 8 program, providing consistent income and excellent tenant retention. Next rent increases take effect on June 1, 2026, presenting an immediate upside for investors. With very low operating expenses and a solid rental history, this property is a turn-key addition to any multifamily portfolio. Conveniently located near shops, restaurants, and major freeways, 300 E Garfield Ave offers lasting appeal in one of Glendales most in-demand rental markets.
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RH
Silver Spoon Properties
Silver Spoon Properties
Listed by Silver Spoon Properties

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