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1118-1120 Western Ave 10 Unit Apartment Building $3,830,070 CAD ($383,007 CAD/Unit) Glendale, CA 91201



Investment Highlights
- The property features a 10-unit apartment building with a balanced 10-bedroom, 10-bathroom unit mix.
- Parking includes eight covered carport spaces and two additional uncovered spaces.
- Residents benefit from access to nearby shopping centers, schools, and neighborhood amenities.
- Spacious floor plans and classic wood flooring contribute to resident appeal.
- The asset is located approximately two miles from Downtown Burbank and major entertainment employers.
- The large lot configuration may support future value-add improvements and operational enhancements.
Executive Summary
1118 Western Ave. presents the opportunity to acquire a 10-unit multifamily asset in Glendale's Grandview neighborhood. Built in 1950 and situated on a 15,280-square-foot lot, the property contains 6,212 square feet of residential space with a unit mix totaling 10 bedrooms and 10 bathrooms. The building has been maintained over time and offers spacious unit layouts, classic wood flooring, and parking accommodations that include eight covered carport spaces and two additional uncovered spaces.
The property's location provides convenient access to employment, retail, and educational amenities throughout the Glendale and Burbank markets. Downtown Burbank is located approximately two miles away, while major entertainment industry employers, including The Walt Disney Studios and Warner Bros., are within close proximity. Residents benefit from walkable access to nearby shopping centers and neighborhood services.
This offering may appeal to investors seeking a multifamily asset with potential for future revenue growth through unit upgrades and operational improvements. Its location within a well-established residential neighborhood, combined with access to major employment centers and regional amenities, positions the property as a compelling acquisition opportunity for long-term ownership, portfolio expansion, or 1031 exchange buyers.
The property's location provides convenient access to employment, retail, and educational amenities throughout the Glendale and Burbank markets. Downtown Burbank is located approximately two miles away, while major entertainment industry employers, including The Walt Disney Studios and Warner Bros., are within close proximity. Residents benefit from walkable access to nearby shopping centers and neighborhood services.
This offering may appeal to investors seeking a multifamily asset with potential for future revenue growth through unit upgrades and operational improvements. Its location within a well-established residential neighborhood, combined with access to major employment centers and regional amenities, positions the property as a compelling acquisition opportunity for long-term ownership, portfolio expansion, or 1031 exchange buyers.
Property Facts
| Price | $3,830,070 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $383,007 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Sale Condition | 1031 Exchange | Building Size | 6,212 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 1.23/1,000 SF |
| Zoning | R-2250 - Medium density residential development with a minimum of two thousand two hundred fifty (2,250) square feet of lot area per dwelling unit | ||
| Price | $3,830,070 CAD |
| Price Per Unit | $383,007 CAD |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 6,212 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 1.23/1,000 SF |
| Zoning | R-2250 - Medium density residential development with a minimum of two thousand two hundred fifty (2,250) square feet of lot area per dwelling unit |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 400 |
| 1+1 | 6 | - | 580 - 900 |
| 2+1 | 2 | - | 750 - 800 |
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Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5623-014-012 | Improvements Assessment | $198,346 CAD |
| Land Assessment | $121,379 CAD | Total Assessment | $319,725 CAD |
Property Taxes
Parcel Number
5623-014-012
Land Assessment
$121,379 CAD
Improvements Assessment
$198,346 CAD
Total Assessment
$319,725 CAD
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1118-1120 Western Ave
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