Address

935 N Louise Street, Glendale, CA

Listing Type

Active

Price

$ 2,925,000

Your Agent

Jennifer St Clair

Broker Associate | CA DRE# 01856341

858-405-8525

Property Attributes

ID#P128892
TypeMulti-Family
Listing Status Active
CountyLos Angeles
CityGlendale
Area Glendale-Northwest
NeighborhoodNot Applicable
Zip91207
Style
Year Built1955
Price$ 2,925,000
Bedrooms0
Full Bathrooms1
Half Bathrooms0
Sqr Footage7701
Lot Size0.3107 Acres

Data Source:

California Regional MLS (CRMLS)

Property 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.

Price History
9/18/2026	Listed $2,925,000

General Features

Sewer	Public Sewer
Heating	Natural Gas,Wall Furnace
Cooling	Wall/Window Unit(s)
Utilities	Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Possession	Close Of Escrow
Roof	Composition
Appliances	Free-Standing Range,Water Heater
Zoning	GLR4YY
Pool Features	None
Security Features	Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials	Drywall
Year Built	1955
Electric	Standard
Tenant Pays	Cable TV,Electricity,Gas,Telephone
View	None
Stories Count	2
Levels	Two
Gross Income	240792
Community Features	Curbs,Gutter(s),Storm Drain(s),Street Lights,Sidewalks
Accessibility	Safe Emergency Egress from Home,Parking
County	Los Angeles
Net Operating Income	170890
Operating Expense	23153
Insurance Expense	7424
Property Type	Residential Income
Subdivision Name	Not Applicable
Facing Direction	North
Garage Y/N	false
Special Listing Conditions	Standard,Trust
Status	Active
Directions	From 134 exit Brand, make a right on Glenoaks and a left on Louise
City	Glendale
Entry Location	1st floor driveway
Senior Community Y/N	false
Number Of Units Total	10
MLS Area	626 - Glendale-Northwest
Lot Size Units	Square Feet
Lot Size Square Feet	13534
Carport Spaces	10
Carport Y/N	true
Number of Units Leased	7
Listing Terms	Cash,Conventional
Spa Features	None
Property Attached Y/N	false
Land Lease Y/N	false
Electric Expense	1622
Current Financing	None
Fuel Expense	130.3
Trash Expense	9839
Water Sewer Expense	4180
Rent Control Y/N	false
Standard Status	Active
Year Built Source	Public Records
Tax Lot	4
PostalCity	GLENDALE

Interior Features

Flooring	See Remarks
Fireplace Features	None
Total Stories	2
Common Walls	No Common Walls
Air Conditioning Y/N	true
Heating Y/N	true
Fireplace Y/N	false
Laundry Features	Common Area
Entry Level	1

Exterior Features

Fencing	None
Parking Features	Asphalt,Carport
Lot Features	0-1 Unit/Acre,Sprinklers In Front,Lawn,Sprinklers On Side
Water Source	Public
Total Parking	10
Lot Size Area	13534
Foundation Details	Raised
Number of Buildings	1
Spa	false
Building Area Total	7701
Lot Size Acres	0.3107
Road Surface Type	Paved
Private Pool	false
Lot Size Source	Public Records
Number of Separate Water Meters	1
Number of Separate Gas Meters	11
Number of Separate Electric Meters	11