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404 Lincoln Avenue — Glendale | Belmont Brokerage | Belmont Brokerage

ActiveUnderContract

+24 more

$5,199,000

69 DOM

— bd— ba— sqft

Call

404 Lincoln Ave Glendale, CA 91205

11,905sqft lot

Investors Dream! An incredible Residential Income property in Glendale is all that you have been waiting for. All units have a washer/dryer. LOW RENTS, which is a great upside for this investment. This is a well-kept 14 unit building that features a nice secured community parking structure and a controlled accessed entry. The units have wonderful open floorplans with laminate flooring, storage space, plus central AC and Heating. Glendale Unified School District. Amazing location. A short distance from Target, Ralphs, Sprout Farmers Market, In-N-Out Burger and more. Close to the 134 and 2 freeways.

MLS GD26024347

818-246-1099 (Office) albert@thecondopeople.com

Est. payment

$33,221/mo

Principal & interestTaxesInsurance

$26,289$5,416$1,516

Down %

Rate %

Years

Down payment: $1,039,800 · Total cost: $10,503,830

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$33,221/mo

Principal & interest: $26,289
Est. property tax: $5,416
Est. insurance: $1,516
Down payment: $1,039,800

Est. gross rent$21,663/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-11,558/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Jan 29, 2026	$5,399,000	—

Facts & Features

Transaction Data

▼Price Reduced from $5,399,000 (−$200,000)

Structure & Property

Year Built1987

Garage Spaces25

818-246-1099 (Office) albert@thecondopeople.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

404 Lincoln Avenue, Glendale, CA 91205

Get Directions

Call

404 Lincoln Ave Glendale, CA 91205

About this home

Albert Babayan

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Albert Babayan

Sale & Tax History

No Recent Sales History

Location

404 Lincoln Avenue, Glendale, CA 91205

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

404 Lincoln Ave Glendale, CA 91205

About this home

Albert Babayan

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Albert Babayan

Sale & Tax History

No Recent Sales History

Location