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314 Lincoln Ave
Glendale, CA 91205
Multifamily Property For Sale
·
15 Units
Investment Highlights
- Excellent visibility and access from Lincoln Avenue in Glendale.
- Surrounded by residential neighborhoods and complementary commercial uses.
- Strong demand drivers, including schools, healthcare facilities, and entertainment venues.
- Located minutes from Interstate 5 and State Route 134 for strong regional connectivity.
- Close proximity to Los Angeles employment centers and retail corridors.
- Positioned within one of the most active real estate markets in Southern California.
Executive Summary
This offering presents three contiguous parcels totaling a highly versatile development opportunity in a mature urban location within Glendale, California. Positioned near Lincoln Avenue, the combined property is situated within a dynamic community surrounded by established residential neighborhoods and commercial amenities. Its proximity to major transportation routes, including Interstate 5 and State Route 134, enhances regional connectivity and access to nearby employment hubs, entertainment venues, and retail destinations. The site’s location within the Los Angeles metropolitan area provides strong demand fundamentals and long-term growth potential supported by one of the nation’s most vibrant economies. Investors and developers will appreciate the flexibility for a range of potential uses under current zoning regulations, with surrounding land uses supporting mixed-use and multifamily development. Nearby educational institutions, healthcare facilities, and a robust roadway network further enhance the site’s attractiveness for a variety of redevelopment strategies.
Property Facts
| Price Per Unit | $481,960 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.50 AC |
| Cap Rate | 4.24% | Building Size | 9,577 SF |
| Gross Rent Multiplier | 16.82 | Average Occupancy | 100% |
| No. Units | 15 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1989 |
| Property Subtype | Apartment | Parking Ratio | 0.87/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling | ||
| Price Per Unit | $481,960 CAD |
| Sale Type | Investment |
| Cap Rate | 4.24% |
| Gross Rent Multiplier | 16.82 |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 9,577 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 0.87/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | - | 580 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $913,064 CAD | |
| Land Assessment | $2,373,951 CAD | Total Assessment | $3,287,015 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,373,951 CAD
Improvements Assessment
$913,064 CAD
Total Assessment
$3,287,015 CAD
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