1204 E Lexington Dr 15 Unité Immeuble d’appartements 6 989 091 $ CAD (465 939 $ CAD/Unité) Glendale, CA 91206

## **For Sale: Prime 15-Unit Multifamily Investment in Glendale, CA**
**1204 E. Lexington Drive, Glendale, CA 91206**
Discover a rare investment opportunity in the heart of one of Southern California’s most sought-after rental markets. **1204 E. Lexington Drive** is a well-maintained **15-unit apartment building** located in the desirable city of **Glendale**, offering strong in-place income, long-term upside potential, and a location that’s second to none.
### **Property Highlights**
- ?? **15 Total Units** – A mix of spacious 1 and 2-bedroom apartments
- ?? **Estimated Building Size**: ~12,000 SF (Buyer to verify)
- ?? **Lot Size**: Approximately 12,400 SF
- ?? **Parking**: Gated surface and tuck-under parking available
- ?? **Onsite Laundry Facility** and individual unit gas/electric meters
- ??? **Well-maintained property** with recent updates (select units)
### **Investment Highlights**
- ? **Stabilized asset** with significant rental upside as leases turn
- ?? **Strong rental demand** in a supply-constrained market
- ??? **High-demand location** near Americana at Brand, Downtown Glendale, and major employment centers
- ?? Value-add opportunity through interior renovations and operational optimization
- ?? Ideal for investors seeking long-term cash flow and future appreciation
### **Location Benefits**
- ?? Central Glendale location with walkability to shops, cafes, and services
- ?? Easy access to freeways (134, 2, 5) for commuting to Downtown LA, Burbank, and Pasadena
- ?? Proximity to highly rated schools and city parks
- ?? A+ neighborhood with a mix of owner-occupied homes and multifamily buildings
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**1204 E. Lexington Drive** represents a rare chance to acquire a stabilized, income-generating asset in one of the most competitive rental submarkets in Los Angeles County. Whether you're expanding your portfolio or executing a 1031 exchange, this property checks all the boxes for location, growth, and long-term value.
?? **Contact us today** for a full offering memorandum, rent roll, and private tour.