Looking for a high-yield, turnkey real estate investment in Los Angeles County? This exceptional, fully renovated 5-unit income property for sale in Glendale, CA offers a rare value-add and house-hacking opportunity in a high-demand rental market. Located in a prime, walkable Glendale neighborhood, the multi-family asset consists of 4 upgraded 1-bedroom, 1-bathroom apartment units plus a fully permitted, attached 1-bedroom, 1-bathroom Accessory Dwelling Unit (ADU), combining strong immediate rental income with stellar long-term investment upside.
Every unit has undergone extensive capital improvements, featuring modern interior finishes, updated energy-efficient dual-pane windows, brand-new individual mini-split heating and cooling systems, and a newer 400-amp electrical panel to eliminate deferred maintenance costs. A standout architectural feature includes a large, private outdoor deck off one of the front upstairs units, commanding top-tier tenant demand.
With strong current rental numbers and most units conveniently sitting on flexible month-to-month leases, investors gain immediate operational flexibility to optimize the rent roll, adjust to market rates, or execute a 1031 exchange strategy. Perfectly situated just minutes from downtown Glendale’s premier employment hubs, The Americana at Brand, the Glendale Galleria, and iconic local staples like Porto’s Bakery, this low-maintenance asset delivers the perfect balance of stable cash flow and future appreciation potential. Schedule your private tour today and bring your offers!
Tenants pay for all utilities, Landlord pays for trash and sewer
If you’ve been searching for a rental that offers more than just living space, this one is truly something special.
Welcome to 546 Griswold Ave — a unique property that combines comfortable living with an incredible oversized workshop that opens the door to so many possibilities. Whether you’re a car enthusiast, small business owner, craftsman, or just someone who loves having space to create, build, and store… this is the kind of setup that’s hard to find in a rental.
Imagine having your own dedicated space for:
?? Working on cars or projects
?? Running a home-based business
?? Creative hobbies or studio space
?? Storage for tools, equipment, or collections
The home itself offers a warm, inviting place to relax, while the expansive workshop area is the true standout feature — giving you flexibility, functionality, and room to do what you love.
Located in San Fernando, close to everything you need, yet offering a rare opportunity to rent a home with this kind of usable bonus space.
Rentals like this don’t come around often — especially for those looking for the perfect blend of home + workspace
Every unit has undergone extensive capital improvements, featuring modern interior finishes, updated energy-efficient dual-pane windows, brand-new individual mini-split heating and cooling systems, and a newer 400-amp electrical panel to eliminate deferred maintenance costs. A standout architectural feature includes a large, private outdoor deck off one of the front upstairs units, commanding top-tier tenant demand.
With strong current rental numbers and most units conveniently sitting on flexible month-to-month leases, investors gain immediate operational flexibility to optimize the rent roll, adjust to market rates, or execute a 1031 exchange strategy. Perfectly situated just minutes from downtown Glendale’s premier employment hubs, The Americana at Brand, the Glendale Galleria, and iconic local staples like Porto’s Bakery, this low-maintenance asset delivers the perfect balance of stable cash flow and future appreciation potential. Schedule your private tour today and bring your offers!
Tenants pay for all utilities, Landlord pays for trash and sewer