Log In/Sign Up
Your email has been sent.
1112 S Adams St 5 Unit Apartment Building $3,012,614 CAD ($602,523 CAD/Unit) 4.07% Cap Rate Glendale, CA 91205
Investment Highlights
- Front Anchor Unit: Two-story, townhome-style residence totaling approximately 2,300 SF with 3 bedrooms and 4 bathrooms.
- Value-Add Upside: Potential to enhance returns through interior upgrades and possible ADU or unit reconfiguration of the front unit (buyer to verify).
- Oversized Income Units: 4 additional units averaging approx 1,200 SF each, configured as 2-bedroom / 2- bath residences with strong tenant appeaal.
- 1987 Construction with On Grade Parking.
Executive Summary
We are pleased to present a unique live-in plus investment opportunity at 1112 S. Adams Street, a five-unit multifamily property located in Glendale’s
desirable Adams Square neighborhood, adjacent to the well-known Art’s Bakery. The property is offered at a list price of $2,200,000, representing
approximately $440,000 per unit and $303 per square foot, with a total of 7,259 square feet of building area situated on a 7,905 square foot lot.
The property features exceptionally large units, anchored by Unit #1, a two-story, townhome-style residence totaling approximately 2,300 square feet and
configured with three bedrooms and four bathrooms. The lower level includes three bedrooms and three bathrooms, a large living room, and an oversized
family room. The upper level features a full kitchen, an additional living area, a home office, and a fourth bathroom ideal for modern live-work use.
The four rear units average approximately 1,200 square feet each, supporting strong tenant demand and stable long-term performance. For an owner-user,
rental income from the rear units can materially offset the cost of occupying Unit #1, while preserving upside through future rent growth and appreciation.
The size and configuration of Unit #1 may also provide future ADU or unit reconfiguration potential, subject to buyer verification, offering additional upside
without the complexity of full redevelopment.
desirable Adams Square neighborhood, adjacent to the well-known Art’s Bakery. The property is offered at a list price of $2,200,000, representing
approximately $440,000 per unit and $303 per square foot, with a total of 7,259 square feet of building area situated on a 7,905 square foot lot.
The property features exceptionally large units, anchored by Unit #1, a two-story, townhome-style residence totaling approximately 2,300 square feet and
configured with three bedrooms and four bathrooms. The lower level includes three bedrooms and three bathrooms, a large living room, and an oversized
family room. The upper level features a full kitchen, an additional living area, a home office, and a fourth bathroom ideal for modern live-work use.
The four rear units average approximately 1,200 square feet each, supporting strong tenant demand and stable long-term performance. For an owner-user,
rental income from the rear units can materially offset the cost of occupying Unit #1, while preserving upside through future rent growth and appreciation.
The size and configuration of Unit #1 may also provide future ADU or unit reconfiguration potential, subject to buyer verification, offering additional upside
without the complexity of full redevelopment.
Property Facts
| Price | $3,012,614 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $602,523 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 4.07% | Building Size | 7,259 SF |
| Gross Rent Multiplier | 15.8 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1987 |
| Property Subtype | Apartment | Parking Ratio | 1.38/1,000 SF |
| Zoning | C3, Glendale | ||
| Price | $3,012,614 CAD |
| Price Per Unit | $602,523 CAD |
| Sale Type | Investment |
| Cap Rate | 4.07% |
| Gross Rent Multiplier | 15.8 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,259 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | C3, Glendale |
Amenities
Unit Amenities
- Air Conditioning
- Dining Room
- Family Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+4 | 1 | - | 2,300 |
| 2+2 | 4 | - | 1,200 |
1 1
Walk Score®
Very Walkable (82)
Property Taxes
| Parcel Number | 5676-018-004 | Improvements Assessment | $389,378 CAD |
| Land Assessment | $1,177,901 CAD | Total Assessment | $1,567,278 CAD |
Property Taxes
Parcel Number
5676-018-004
Land Assessment
$1,177,901 CAD
Improvements Assessment
$389,378 CAD
Total Assessment
$1,567,278 CAD
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1112 S Adams St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.