437 W Glenoaks Boulevard Glendale, CA $ 2,750,000
437 W Glenoaks Boulevard
$ 2,750,000
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437 W Glenoaks Boulevard

Glendale, CA, 91202
$ 2,750,000
Baths1.0 Sq 6,580

Monthly Estimate*

$ 17,156

Listed by Sunset Lending and Realty
437 W Glenoaks Boulevard, Glendale, CA 91202 - Image 1
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437 W Glenoaks Boulevard, Glendale, CA 91202 - Image 16
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Studio

Multi-Family Home for sale in Glendale, CA

for $2,750,000 with 1 full bath. This 6,580 square foot home was built in 1962 on a lot size of 0.2178.

Welcome to Santa Barbara Apartments, an exceptional 9-unit multifamily asset located in the heart of Glendale, CA. Offered for the first time on the market, this well-maintained and recently upgraded property presents a rare opportunity for investors seeking strong in-place income with additional upside potential. The building features (4) two-bedroom units and (5) one-bedroom units, with 8 currently occupied and 1 vacant—ideal for an owner-user or immediate rent growth. Recent improvements include new electric subpanels in every unit, a new main service panel, updated asphalt, fresh exterior paint, upgraded railings, and a new irrigation system, enhancing both performance and curb appeal. Additional amenities include, wall-mounted A/C units, on-site coin-operated laundry, and dedicated parking for 8 of the 9 units. Three apartments have been recently remodeled. Two rent increases are scheduled for December, providing further income growth. Centrally located near major freeways, public transportation, shopping, and dining, this property provides convenience and enduring tenant demand—making it an excellent addition to any investor’s portfolio. Current cap rate is 5.06%, with a projected 5.85% cap rate once the vacant unit is leased—an outstanding return for the Glendale market.

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Multi-Family Pending

Price

$ 2,750,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2178

Year Built

1962

Town/City

Glendale

County/Region

Los Angeles

MLS | Web ID

SR25249639

Days on Market

47

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
HOA Fee 0
Garage Spaces 8
Architectural Style Traditional
Pool Features None
Security Features Carbon Monoxide Detector(s) Resident Manager Smoke Detector(s)
Exclusions All appliances tenant-owned
Year Built 1962
Tenant Pays All Utilities
View Hills Mountain(s) Neighborhood Valley Trees/Woods
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 194563
Community Features Biking Hiking Street Lights Sidewalks Park
Accessibility None
County Los Angeles
Net Operating Income 139165
Operating Expense 55398
Insurance Expense 5500
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Trust
Status Pending
Directions Brand Blvd at W Glenoaks Blvd
City Glendale
Entry Location 0
Senior Community Y/N false
Number Of Units Total 9
MLS Area 626 - Glendale-Northwest
Lot Size Units Square Feet
Lot Size Square Feet 9486
Carport Y/N true
Number of Units Leased 8
Listing Terms Cash Conventional
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 4100
Fuel Expense 2794
Property Condition Updated/Remodeled Turnkey
Trash Expense 3279
Water Sewer Expense 4100
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Pending
Year Built Source Public Records
Tax Lot 7
Total Actual Rent 15248.2
Property Sub Type Additional Apartment
Taxes 34375
Cap Rate 5.06
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Interior
Interior Amenities Ceiling Fan(s) Unfurnished Primary Suite
Flooring Carpet Laminate
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Laundry Features Common Area
Entry Level 0
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Exterior
Parking Features Carport On Street
Lot Features Lawn Landscaped Near Park
Water Source Public
Total Parking 8
Lot Size Area 9486
Number of Buildings 1
Spa false
Building Area Total 6580
Lot Size Acres 0.2178
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 9
Number of Separate Gas Meters 9
Number of Separate Electric Meters 9
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* Excluded Features
List By
Sunset Lending And Realty

Broker

Thomas@SunsetLendingRealty.com

Email

Affordability Calculator

$17,156
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Monthly Principal & Interest
$17,156
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,750,000 Listed Price

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437 W Glenoaks Boulevard, Glendale, CA, 91202 is a Multi-Family Home for sale at $2,750,000 with 6,580 sqft and a lot size of 0.2178. 437 W Glenoaks Boulevard is a studio with 1.0 baths and was built in 1962. The property's zip code is 91202 which is in Glendale, CA