655 Ivy St
655 Ivy St, Glendale, CA 91204
Marketing description
In the heart of Glendale, 655 Ivy St is a fully remodeled 12-unit apartment community two blocks from downtown Glendale, the Americana at Brand, and the Galleria. The two-story, garden-style property offers eleven 2-bedroom units and one 3-bedroom, each renovated with new kitchens, baths, flooring, in-unit laundry, and central A/C. With strong in-place rents and turnkey condition in a supply-constrained submarket, 655 Ivy is a true pride-of-ownership cash-flow asset.
Glendale is one of Los Angeles County's premier rental markets — a city of roughly 200,000 anchored by a thriving downtown, the Americana at Brand and Glendale Galleria, and a deep base of entertainment, healthcare, and creative employers. Known for top-rated schools, walkable neighborhoods, and a central location at the crossroads of the 134, 2, and 5 freeways, Glendale offers quick access to Burbank, Pasadena, and Downtown LA. Persistent demand, limited new supply, and strong household incomes drive some of the region's most stable rental fundamentals.
Investment highlights
- 12 Units | All Units Fully Remodeled
- 11 x 2BD/1BA + 1 x 3BD/1BA
- Strong In-Place Cash Flow — $267K Current NOI
- New Kitchens, Baths, Flooring & In-Unit Laundry
- Central A/C — Turnkey, Low-Capex Asset
- Walk to Downtown Glendale, Americana & Galleria
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