1001 S Central Avenue
Glendale, CA, 91204 $ 6,750,000
Bedrooms10 Baths256.0 Sq 20,355 Monthly Estimate*
$ 41,561
Listed by Keller Williams Studio City
for $6,750,000 with 10 bedrooms and 256 full baths. This 20,355 square foot home was built in 1928 on a lot size of 0.186.
Located in the highly desirable city of Glendale, 1001-1005 S Central Ave presents a rare mixed-use investment opportunity in one of Los Angeles County's most dynamic and supply-constrained rental markets. UPSIDE INCOME FOR ON-SITE STORAGE! Positioned on a prominent corner lot along a major thoroughfare, the property benefits from strong visibility, consistent foot and vehicle traffic, and long-term upside potential. The property features a diverse unit mix of 28 total units, including 16 singles, 10 one-bedroom/one-bath units, and 2 commercial spaces, offering investors a balanced income stream from both residential and retail components. This mix provides flexibility and stability, attracting a wide range of tenants while diversifying revenue sources. The property also includes on-site laundry facilities, an essential amenity that enhances tenant convenience and retention. Situated in a high-demand rental location, the property is surrounded by a dense population, strong employment base, and a variety of retail and dining options. Residents and commercial tenants alike benefit from close proximity to the Glendale Galleria and The Americana at Brand, two of the area's premier shopping and lifestyle destinations. The location also offers excellent accessibility with short distance to the Interstate 5, State Route 134, and State Route 2, providing convenient connectivity throughout the greater Los Angeles area. Public transportation is easily accessible via the nearby Glendale Transportation Center, further enhancing the property's appeal to tenants. With its prime Glendale location, strong mixed-use configuration, corner lot positioning, and proximity to major retail, transit, and freeway access, 1001-1005 S Central Ave represents a compelling opportunity for investors seeking stable income with long-term growth potential in a thriving urban market. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
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FeaturesGeneralLiving Area 20355
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Zoning GLC3
Year Built 1928
Levels Multi/Split
Gross Income 620412
County Los Angeles
Net Operating Income 354956
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North Of W Chevy Chase Dr & West Of S Brand Blvd
City Glendale
Senior Community Y/N false
Number Of Units Total 28
MLS Area 628 - Glendale-South of 134 Fwy
Lot Size Units Square Feet
Lot Size Square Feet 8101
Virtual Tour https://www.hshprodmls2.com/1001-1005scentralave
Standard Status Active
Year Built Source Other
Cap Rate 5.26
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InteriorTotal Stories 3
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 10
Total Baths 28
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ExteriorParking Features None
Total Parking 0
Lot Size Area 8101
Number of Buildings 1
Building Area Total 20355
Lot Size Acres 0.186
Lot Size Source Other
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* Excluded FeaturesList ByKeller Williams Studio CityBroker
Affordability Calculator
- Monthly Principal & Interest
- $41,561
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Glendale, CA
Average List Price $3,202,150
Percent of Sale Price 53%
About Glendale, CA 199,017 Population
2% Since 2002
$ 61,015 Median Income
42.24 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/22/2026 | $6,750,000 | | Listed Price |