1001 E Acacia Ave - Apartments FOR SALE


Glendale, CA 91205- Mariposa
$3,495,000 USD
818-319-9191
1001 E Acacia Ave, Glendale, CA for Sale
$3,495,000 USD
Apartments - FOR SALE
1/6
null | 5.23% Cap Rate

1001 E Acacia Ave
Glendale, CA 91205
Mariposa


HIGHLIGHTS

  • Gross Rental Income: $254,124
  • Parking: 9 designated spaces
  • Occupancy: 100%
  • Rent Control: Not subject to Los Angeles city rent control
  • ADU Potential

OVERVIEW

Exclusive Investment Opportunity: 1001 E Acacia Ave – Glendale, CA 91205 IKON Properties is pleased to present 1001 E Acacia Ave, a well-maintained multifamily asset located in the heart of Glendale—one of Southern California’s most stable and sought-after rental markets. This charming corner-lot property features a collection of spacious, well-kept units with strong in-place rents and significant upside potential. With on-site parking, laundry facilities, and classic architecture that reflects the character of the neighborhood, the property offers investors a turnkey opportunity with long-term growth prospects. 1001 E. Acacia is an exceptional multifamily property located in the trendy Adams Hills area of Glendale, California. This fully occupied asset consists of 11 units, featuring 10 one-bedroom, one-bath apartments and 1 studio apartment, one bath. Situated just blocks from The Americana at Brand and Glendale Galleria, the property benefits from a walkable location surrounded by premier shopping, dining, and entertainment. The neighborhood is known for its quiet residential feel while offering immediate access to major transit corridors like Brand Blvd and the 134 Freeway. Top-rated schools, local parks, and vibrant community amenities make this an attractive destination for tenants, while the consistent demand and low vacancy rates make it a dependable investment for both seasoned and first-time multifamily buyers. With value-add potential through interior renovations or additional income streams, 1001 E Acacia Ave presents an ideal opportunity to secure a foothold in one of LA County’s most desirable submarkets.

FOR SALE DETAILS

PRICE

$3,495,000 USD

PRICE/SF

$573 USD /SF

# OF UNITS

11

PRICE/UNIT

$317,727

CAP RATE

5.23%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

13.75 GRM 11 Unit @ 5.23 CAP Adams Hills

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,254 SF

ZONING

GLR4YY

APN/PARCEL ID

5675-030-033

ASK ABOUT THIS PROPERTY

Blas FernandezIkon PropertiesMore Info
818-319-9191

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Blas FernandezIkon PropertiesMore Info
818-319-9191

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.