• Broker Arthur Minassian (818) 634-3722
  • Broker Ronald Kassan (818) 512-5001

1442 E Maple St 14 Unit Apartment Building $3,275,000 ($233,929/Unit) Glendale, CA 91205

View Photo

INVESTMENT HIGHLIGHTS

  • Amazing Glendale Location
  • Long-Time Tenants With Upside
  • Well-Managed Family Asset

EXECUTIVE SUMMARY

*Major Price Reduction*
**Seller is very motivated**
***Rent Increases July/August 2025***
1442 E Maple Street, a 14-unit apartment complex in the highly desirable City of Glendale. Less than 2 miles from the world famous Americana and walking distance to several restaurants and amenities. The property consists of 14 units. Built in 1958, the exterior of the building was recently updated with brand new windows and the parking lot asphalt was repaired and resealed within the last 5 years. Seller recently finished installing a brand new electric panel.
The Property, located one block off Colorado Blvd & The 2 FWY, consists of the main structure & a large parking lot, with 12 - 1 bed room/1 bath room and 2 - 2 bed room/1 bath room apartments. There is a large onsite parking lot with parking spaces for each unit. 1442 E Maple Street has perhaps one of the best freeway accessible locations in all of Glendale with quick access to both the 2 FWY and the 134 FWY.
Seller is motivated to look at all offers. Call Broker for More Info and MatterPort Tours.

ATTACHMENTS

1442 Maple OM 5 29 25

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $241,836 $24.03
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $241,836
Annual Per SF $24.03
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS

Price $3,275,000 Apartment Style Low-Rise
Price Per Unit $233,929 Building Class C
Sale Type Investment Lot Size 0.28 AC
Gross Rent Multiplier 11.63 Building Size 10,066 SF
No. Units 14 No. Stories 2
Property Type Multifamily Year Built 1958
Property Subtype Apartment Parking Ratio 0.99/1,000 SF
Zoning GLR4YY
Price $3,275,000
Price Per Unit $233,929
Sale Type Investment
Gross Rent Multiplier 11.63
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.28 AC
Building Size 10,066 SF
No. Stories 2
Year Built 1958
Parking Ratio 0.99/1,000 SF
Zoning GLR4YY

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Storage Space
  • Heating
  • Kitchen
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Storage Space
  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 12 - 550 - 600
2+1 2 - 600 - 650

LINKS

  • www.AvailableWarehouses.com
Walk Score®
Very Walkable (75)

PROPERTY TAXES

Parcel Number 5683-003-021 Improvements Assessment $391,869
Land Assessment $169,793 Total Assessment $561,662

PROPERTY TAXES

Parcel Number
5683-003-021
Land Assessment
$169,793
Improvements Assessment
$391,869
Total Assessment
$561,662

MAP

ADDITIONAL PHOTOS

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  • Listing ID: 34522363

  • Date on Market: 1/17/2025

  • Last Updated: 6/2/2025

  • Address: 1442 E Maple St, Glendale, CA 91205