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1042 Western Avenue

Glendale, CA 91201
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Bed 20

Bed

Bath 21

Bath

SqFt11,058

Sqft

SqFt10,363

Sqft(Lot)

1042 Western Avenue, a well-maintained, 17-unit multifamily community located in a highly walkable Glendale neighborhood. Built in 1963, the property contains approximately 11,058 square feet of building area and features a favorable unit mix consisting of two studio apartments, ten one-bedroom/one-bathroom units, one two-bedroom/one-bathroom unit and four two-bedroom/two-bathroom units. The unit count includes one permitted accessory dwelling unit. Ownership has recently remodeled 15 of the property's 17 units, providing an investor with the opportunity to acquire a substantially renovated apartment community with limited near-term interior capital requirements. The remodeled units feature new flooring and appliances, quartz countertops and updated HVAC systems. The units also offer lar ge closets and generous interior storage, providing residents with comfortable and functional living spaces. On-site amenities include a swimming pool and laundry facilities. The property also contains seven large storage units, which may be rented separately to generate additional income. Subject to an investor's independent investigation and applicable governmental approvals, the storage area may also present the potential for conversion into an additional accessory dwelling unit. The property is located just a short drive from Downtown Burbank, providing residents with convenient access to its extensive collection of restaurants, shopping, entertainment venues, major employers and media-industry employment centers. The property's strategic location between Glendale and Burbank, along with its proximity to neighborhood amenities and everyday services, contributes to its continued rental appeal. 1042 Western Avenue presents investors with the opportunity to acquire a substantially renovated Glendale apartment community with approximately 15% upside in rents, that also offers a diversified unit mix, attractive resident amenities and multiple potential avenues for additional income and long-term value creation.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $7,000,000

AD Id : 89674173

MLS Id : 26873639

Beds : 20

Lot Size : 10,363 Sqft

Living Area Size : 11,058

Year Built : 1963

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 20

    Bathroom Information

    Total Baths: 21

    Flooring Information

    Laminate
  • Interior Features

    Appliances: Dishwasher, GasCooktop, GasOven, Refrigerator, VentedExhaustFan
    Laundry Features: LaundryRoom
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace

  • Building Information

    Year Built: 1963
    Building Area Total: 11058
    Stories: 2
    Pool Features: InGround
    Private Pool: No

  • Lot Information

    Main Square Feet: 10363 Lot Size Acres: 0.2379 Lot Size Square Feet: 10,363

  • Listing Price Information

    Listing Price: $7000000

  • Tax Information

    Parcel Number: 5623025001

  • Location Information

    Direction: East of E. Alameda, South of W. Glenoaks Blvd
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1663 Vista, Glendale, CA, 91201 $3,375,000 7 7 5,499 21,228 Sqft
1760 Grandview, Glendale, CA, 91201 $1,370,000 3 2 2,246 10,985 Sqft
1900 Ransom Road, Glendale, CA, 91201 $2,998,000 4 3 3,294 13,295 Sqft
1456 Western Avenue, Glendale, CA, 91201 $2,799,999 6 5 3,709 10,177 Sqft
1358 Justin, Glendale, CA, 91201 $1,699,999 3 2 1,366 8,534 Sqft
1414 Thompson, Glendale, CA, 91201 $1,199,000 3 2 1,776 3,839 Sqft
1954 Bel Aire, Glendale, CA, 91201 $1,799,000 3 2 2,076 8,703 Sqft
1334 Alameda, Glendale, CA, 91201 $1,695,000 5 4 2,440 8,329 Sqft
1230 Spazier Avenue, Glendale, CA, 91201 $1,499,000 3 2 1,451 7,381 Sqft
1137 Irving Avenue, Glendale, CA, 91201 $4,350,000 20 242 -- 13,342 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/06/2026 @ 06:43

MLS: 26873639 LISTED BY: David Leibowitz, Investment Real Estate Associates 818-386-6888 SOURCE: CRMLS

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