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1001 E Acacia Ave
For Sale $3,175,000 ($520.83 per Sq Ft)
$3,175,000 ($520.83 per Sq Ft)
- 11 Units
- 6,096 Sq Ft
- 8,087 Sq Ft
- Unknown Cap Rate
Description
*** Seller Financing Available*** We are pleased to present 1001 E. Acacia Avenue, an 11-unit multifamily investment opportunity in one of Glendale's strongest rental markets. Built in 1961, the property consists of ten one-bedroom/one-bathroom units and one studio on an 8,084 SF lot. The property has benefited from numerous capital improvements, including renovated unit interiors and new windows throughout the building. Additional amenities include on-site laundry, nine covered parking spaces, and separately metered gas and electric utilities. Conveniently located near major employment, shopping, dining, and transportation hubs, 1001 E. Acacia Avenue offers investors a well-maintained, fully occupied asset with strong long-term rental upside.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,175,000 |
| Property Type | Multi-Family |
| Usable Sqft | 6,096 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1961 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5675030033 |
| MLS # | 26850613 |
| Property ID | 319522781 |
| Lot Sqft | 8,087 |
| Zoning | GLR4YY |
| Total Units | 11 |
| Days on Market | 10 |
| Original List Price | $3,175,000 |
| Date Updated | June 30, 2026 |
| Date Created | June 22, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 0 | 1.00 | $1,452 | $1,750 |
| Unit #2 | 1 | 1.00 | $1,964 | $21,000 |
| Gross Income (Yr) | $ 247,673 |
| Operating Expenses | $ 82,073 |
| Net Income (Yr) | $ 165,600 |
| Cap Rate | 5.22% |
Listing Provided By
Yigal Fatirian an agent of Lyon Stahl Investment Real Estate, Inc.. Lic #02059042
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