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405 W Broadway — Glendale | Belmont Brokerage | Belmont Brokerage

Active

+26 more

$1,895,000

35 DOM

— bd— ba— sqft

Call

405 W Broadway Glendale, CA 91204

3,500sqft lot

SIGNIFICANT PRICE REDUCTION, Seller is motivated and will consider all reasonable offers. Exceptional & fully renovated 5-unit income property in a prime Glendale location. The property consists of four 1/1-bedroom units plus an attached 1/1 ADU, offering strong rental income and excellent long-term investment potential. All units have been tastefully upgraded and feature modern finishes, updated windows, a newer 400 amp electrical panel, and efficient mini-split heating and cooling systems. One of the upstairs front units features a large private deck. Current rents are strong with most units on month-to-month terms, providing flexibility for investors. Property has undergone extensive improvements, offering a turnkey asset with minimal deferred maintenance. Located close to shopping, dining, and major Glendale amenities, this property combines stable income with future upside potential.

MLS SR26049902

818-280-4213 (Office) talintorossian@gmail.com

Est. payment

$12,109/mo

Principal & interestTaxesInsurance

$9,582$1,974$553

Down %

Rate %

Years

Down payment: $379,000 · Total cost: $3,828,574

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$12,109/mo

Principal & interest: $9,582
Est. property tax: $1,974
Est. insurance: $553
Down payment: $379,000

Est. gross rent$7,896/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)$-4,213/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	Mar 8, 2026	$1,999,998	—

Facts & Features

Transaction Data

▼Price Reduced from $1,999,998 (−$104,998)

Structure & Property

Year Built1955

818-280-4213 (Office) talintorossian@gmail.com

Sale & Tax History

No Recent Sales History

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

Location

405 W Broadway, Glendale, CA 91204

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Call

405 W Broadway Glendale, CA 91204

About this home

Talin Torossian

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Talin Torossian

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

405 W Broadway, Glendale, CA 91204

About This Property

Property Photos

405 W Broadway Glendale, CA 91204

About this home

Talin Torossian

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Talin Torossian

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.