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34405811
34405812

451 Ivy Street, Glendale, CA 91204 For Sale

JT
CA 00791349
TRUMARK Real Estate Management
Listed by TRUMARK Real Estate Management
$2,795,000
5 days on market
Updated 5 days ago

451 Ivy Street

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,438
Units 8
Cap Rate 6.13%
NOI $171,456
Occupancy 100%
Tenancy Multi
Rent Bumps Yes
Price per SqFt $514
Class B
Year Built 1949
Year Renovated 2018
Sale Condition 1031 exchange

About This Property for Sale

Marketing description

Charming Vintage Condo/Multi-Unit Opportunity at 451 Ivy St, Glendale, CA 91204

Discover timeless appeal in the heart of vibrant West Glendale. Built in 1949, this inviting property on Ivy Street offers classic California character with modern living potential in the desirable Moorpark neighborhood.

Prime Location & Lifestyle

- Steps from the best of Glendale: Just minutes from the upscale shopping, dining, and entertainment at Americana at Brand and Glendale Galleria. Enjoy world-class retail, al fresco dining, movie theaters, fountains, and year-round events.

- Excellent walkability and transit access (Transit Score ~63) with easy commuting to Downtown LA, Hollywood, and beyond.

- Family-friendly area with nearby parks, top-rated schools, and a strong sense of community in one of LA County's most desirable suburbs.

Property Highlights

- Multi-unit building on a generous ~7,640 sq ft lot (approx. 0.175 acres), with 8 units total — perfect for investors or owner-occupants seeking rental income.

- Individual units range from cozy 1-bedroom, 1-bath layouts (~500–600 sq ft) to larger 3-bedroom, 3-bath options (~975–1,400 sq ft), ideal for a mix of tenants or personal use.

- Classic 1940s architecture with potential for stylish updates — many units feature bright interiors, corner placements, and charming details.

- Strong rental demand in a supply-constrained Glendale market, with proven income history.

Whether you're looking for a turnkey investment property or a primary residence with income potential, 451 Ivy St delivers unbeatable convenience, timeless style, and long-term value in one of Southern California's most dynamic cities. Don't miss this rare chance to own a piece of Glendale's vibrant core.

Details subject to verification. Contact listing agent for current availability, pricing, and full disclosures.

Listing Contacts

JT
CA 00791349
TRUMARK Real Estate Management
Listed by TRUMARK Real Estate Management

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$171,456.00
$14,288.00/mo

Valuation Metrics

0
DSCR
6.13%
Cap Rate
6.13%
ROI

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Additional Information

Name
Jason Trueblood
License
00791349
Brokerage
Trumark
Brokerage Phone
8182467221
Title
Ceo
Brokerage Address
320 Arden Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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