1021 Linden Avenue, Glendale, CA 91201

Local realty services provided by:ERA Donahoe Realty
#1#2#3
1021 Linden Avenue,Glendale, CA 91201
$3,400,000
  • 6 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:david nalbandyan
Office:la premier realty
MLS#:BB25118417
Source:SANDICOR

Price summary

  • Price:$3,400,000

About this home

Rare Assumable Loan fixed at 3.20% until 2032! Located in one of Glendales most desirable neighborhoods, this well-maintained 8-unit property presents an outstanding investment opportunity with both immediate income potential and long-term growth. Built in 1988 to modern construction standards, the asset features a highly desirable unit mixTwo: 3 Bed / 2 Bath, Four: 2 Bed / 2 Bath, and Two: 1 Bed / 1 Bath unitsdesigned to attract a broad tenant base and maintain low vacancy rates. Currently delivering a strong 5.0% CAP rate, the propertys performance is significantly enhanced by an assumable $2,050,000 loan at a low 3.20 % fixed interest rate, locked in through June 2032a rare and valuable advantage in todays high-rate environment. With this financing structure in place, investors can achieve an impressive 7.8% ROI, combining stable cash flow with long-term security. Theres also immediate rental upside, with allowable rent increases this year of approximately $700/month, creating a

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Home facts

  • Listing Id #:BB25118417
  • Added:82 day(s) ago
  • Updated:August 19, 2025 at 07:27 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:5

Finances and disclosures

  • Price:$3,400,000
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