935 N Louise St , Glendale, CA 91207
$2,925,000
Est. Payment: $15,621.55/mo
20 Bed
10 Bath
7701 Sqft
Status: Active | Days on site: 4
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House Description

Exceptional 10-Unit Multifamily Investment Opportunity in Glendale! Located at 935 N. Louise Street, this well-positioned apartment building features a highly desirable unit mix of ten 2-bedroom/1-bath residences, offering an excellent combination of existing income and significant value-add potential.The property has benefited from substantial capital improvements, including new electrical panels and rewiring, copper plumbing and new main water lines, and new asphalt, helping reduce major infrastructure concerns for the next owner. Additional amenities include 10 carport parking spaces with overhead storage and on-site laundry.A major highlight is that 3 of the 10 units are currently vacant, providing a new owner with the opportunity to renovate and reposition these units immediately. Current estimated market rents for renovated 2-bedroom units are approximately $2,400-$2,500 per month, presenting meaningful upside potential. The remaining seven units provide an existing income base, with current rents ranging from approximately $1,565 to $2,175 per month.Centrally located in Glendale, CA, with convenient access to shopping, dining, employment centers, transportation and the surrounding Los Angeles communities. This is a compelling opportunity for an investor seeking a well-located multifamily asset with immediate renovation potential, existing cash flow and long-term rental upside.Three vacant units + major building system upgrades + 10 parking spaces + an all 2BR unit mix make this a property worth a closer look.

Highlights

Listed by Jose Chaparro , (323) 373-6526 and John Kelly , (818) 238-7104 Jenkins Properties , (818) 542-6850. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.31

Year Built

1955

County

Los Angeles

Area

626 - Glendale-Northwest

Neighborhood

Not Applicable

Listing ID

P1-28892

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:20
  • Bathrooms:10
  • Full Bathrooms:
Appliances:Free-Standing Range, Water Heater
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:See Remarks
Water:Public

Exterior Features

Lot:0-1 Unit/Acre,Sprinklers In Front,Lawn,Sprinklers On Side,No Land Lease
Garage Capacity:10
Zoning:GLR4YY
Roof:Composition
Others:
  • Additional:Drywall, 2+ Total Units
Sewer:Public Sewer
Parking Features:Asphalt,Carport
Principal Interest
$15,622
Taxes
$1,865

Home Price

$2,925,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$585,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$15,621.55

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,621.55 $1,864.69 $0.00 $17,486.23
Yearly $187,458.57 $22,376.25 $0.00 $209,834.82
Total $5,623,757.00 $671,287.50 $0.00 $6,295,044.50

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Glendale, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T01:02:47.000Z

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