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Closed
- Listed price
- $3,700,000
- Listed Sep 23, 2021
- Sold price
- $3,400,000
- Sold Dec 15, 2021
10,133 sqft lot|1983 Built|22 MLS days on market
327 S Madison Way, Glendale, CA 91205
Property Description
327 S. Madison Way is an 8-unit apartment asset located in the thriving City of Glendale. The property is located near The Americana shopping centers and Glendale Galleria with easy access to the 5, 134 and 2 Freeways. The subject property was built in 1983, featuring an outstanding unit mix of 100% 2-Bed / 2.5 Bath large townhome style units. The property offers each tenant a 2-car garage with direct access to the units, central air, private patios and laundry hookups. Tenants are responsible for paying the costs of gas, electric, and water. A new roof was installed in 2019, along with new decks in 2020. Two (2) of the eight (8) units were extensively renovated totaling over $80,000. Overall, the current rents are substantially below market providing an excellent opportunity for an investor to renovate the exterior, the balance of the interiors and gradually raise rents and increase cashflow.
Listing agent: Nicholas PetrosianDRE #01462598npetrosian@remaxcir.com, Listing office: Remax Commercial and Investment Realty
MLS data updated 10/25/2026, 5:54:08 AM PT
Source: CRMLSMLS #: 21787562
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,400,000
Dec 15, 2021
Available records22021
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$3,400,000Closed sale · Dec 15, 2021ZIP 91205 · Dec 2021
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 1 price recordsDec 15, 2021 – Dec 15, 2021
ZIP 91205 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.