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404 Lincoln Ave, Glendale, CA 91205
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404 Lincoln Ave Glendale, CA 91205

$6,450,000
  • 30 Beds
  • 28 Baths
  • 13,176 Sq.Ft.
For Sale
$6,450,000 Get Pre-Qualified
Map preview of 404 Lincoln Ave, Glendale, CA 91205

Property Overview: 404 Lincoln Ave Glendale, CA has 30 bedrooms, 28 bathrooms, 13,176 living square feet and 11,905 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Albert Babayan | BRE #01012033 | JohnHart Real Estate
Last checked: 2 minutes ago | Last updated: March 20th, 2023 | Source CRMLS | DOM: 5
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Home details

Lot Sq. Ft
11,905
HOA Dues
$0/mo
Year built
1987
Garage
25 Car
Property Type:
Apartment
Status
Active
MLS#
GD23043487
City
Glendale
County
Los Angeles
Time on Site
5 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 1
  • # of Leased Units: 14
  • # of Electric Meters: 15
  • # of Gas Meters: 15
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,820
  • Total Rent: $1,820
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,565
  • Total Rent: $2,565
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 4
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 15
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,760
  • Total Rent: $1,760
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,060
  • Total Rent: $2,060
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,985
  • Total Rent: $1,985
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $324,120
  • Net Operating Income: $216,612
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $107,508
  • Electric: $16,272
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $3,096
  • Insurance: $12,600
  • Maintenance: $2,400
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $72,240
  • Other Expense Description: taxes

Open Houses for 404 Lincoln Ave

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Property Details for 404 Lincoln Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Free-Standing Range, Gas Oven, Gas Range
Interior Features
  • Storage
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 25
  • # of Parking Spaces: 25
  • Has Parking
  • Parking Features: Community Structure, Subterranean
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Other
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 14
  • Parcel Number: 5680031001
  • Year Built Source: Assessor
  • Property is Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off Colorado Blvd. In between: Dixon St and Rock Glen Ave
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Glendale Agent

Sale History for 404 Lincoln Ave

Last leased for $2,400 on June 21st, 2019

  • March, 2023

  • Mar 16, 2023

    Date

    Active

    CRMLS: GD23043487

    $6,450,000

    Price

  • June, 2019

  • Jun 21, 2019

    Date

    Leased

    CRMLS: 319002275

    $2,400

    Price

  • Jun 19, 2019

    Date

    Pending

    CRMLS: 319002275

    $2,400

    Price

  • Jun 10, 2019

    Date

    Active

    CRMLS: 319002275

    $2,400

    Price

  • Listing provided courtesy of CRMLS

    Location, charm and tons of space! Located in Glendale is a 3 bedroom, 2 bathroom Condo now available for Lease. Inside this bright and spacious unit, you have nice laminate and tile flooring with baseboard moldings, as well as an in unit laundry area. Bathrooms are well-lit with plenty of storage space. Bedrooms are spacious with large closets. Enjoy cooking in the kitchen where you have wooden cabinetry and ample counter-top space. A controlled access building with an underground community garage. Close to popular dining, Glendale High School, USPS, Ralphs and Carr park.

  • February, 2019

  • Feb 21, 2019

    Date

    Leased

    CRMLS: 319000643

    $1,800

    Price

  • Feb 20, 2019

    Date

    Active Under Contract

    CRMLS: 319000643

    $1,700

    Price

  • Feb 19, 2019

    Date

    Active

    CRMLS: 319000643

    $1,700

    Price

  • Listing provided courtesy of CRMLS

    Nestled in Glendale resides a charming apartment for Lease with 2 bedrooms, 2 bathrooms and 850-SqFt of living space. The unit features wooden and tile flooring throughout with baseboard moldings, as well as Central A/C, washer and dryer hook up. Upon entry find a bright and welcoming living room. Enjoy cooking in the cozy kitchen where you have ample counter-top space and wooden cabinetry, great for extra storage room! Bedrooms are spacious and offer plenty of closet space. This unit also includes a nice sized dining area, well-lit bathrooms and an in-unit laundry area. Centrally located near the border of Glendale/Eagle Rock, close to Carr Park, Ralphs with just minutes away from target, Macys, In-N-Out and so much more!

  • October, 2016

  • Oct 20, 2016

    Date

    Leased

    CRMLS: 316009386

    $2,250

    Price

  • Oct 13, 2016

    Date

    Pending

    CRMLS: 316009386

    $2,250

    Price

  • Oct 4, 2016

    Date

    Active

    CRMLS: 316009386

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    Great 3 bed 2 bath apartment in Glendale! The unit is located on the top floor! Laminate floors throughout, spacious bright and open living areas with easy access to the kitchen. Kitchen is open and bright with plenty of cabinet space and laundry room inside. Large bedrooms with large closets and plenty of natural lighting! Bright white bathrooms with tile flooring. 2 community garage parking spots!

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Tax History for 404 Lincoln Ave

Assessed Value (2020): $1,606,745
Year Land Value Improved Value Assessed Value
2020 $89,333 $1,517,412 $1,606,745

Home Value Compared to the Market

This property vs the competition

404 Lincoln Ave is listed 514.29% higher than the median list price for the city of Glendale which has a median list price of $1,050,000. The median price per/sqft for Glendale is $650 and this home is listed at $489.53 per/sqft which puts the price per square foot 24.69% lower than the median price per square foot for the city of Glendale.

About 404 Lincoln Ave

Detailed summary of property

404 Lincoln Ave is a apartment located in Glendale, CA 91205 and is currently for sale. This apartment offers 30 bedrooms, 28 bathrooms, roughly 13,176 living square feet, and sits on an approximately 11,905 square foot lot. 404 Lincoln Ave was first listed on ArdentRealEstateGroup.com on March 16, 2023. The homeowner is currently asking $6,450,000. The median priced home in Glendale is $1,050,000 with a median price per square foot of $650. Based on Ardent Real Estate Group's Glendale Market Data, this home is listed 514.29% higher than the median priced home. Local competing homes currently for sale include 1901 W 3rd St, 241 W Tujunga Ave and 427 S Bonnie Brae St. While the average home in Glendale, CA is selling in 63 days, 404 Lincoln Ave has a days on market of 5 days. There are currently 144 homes for sale in the Glendale real estate market and 85 of them are single family homes while 43 of them are condos and 16 are townhomes. For more information on this home for sale at 404 Lincoln Ave Glendale, CA 91205 contact Ardent Real Estate Group and we will put you in touch with one of our Glendale agents.

Public Facts for 404 Lincoln Ave

Public county record property details
Beds
--
Baths
--
Year built
1987
Sq. Ft.
13,176
Lot Size
9,735
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
33,34
APN
5680-031-001

The source for these homes facts are from public records.

91205 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$898,888
Median List Price/Sq.Ft.
$796
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
15
Median Sale to List Price %
91.82%
Avg Days on Market
87
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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Recently Sold Homes Near 404 Lincoln Ave

324 Lincoln Ave, Glendale, CA 91205
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-- Sq.Ft.
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1518 E Harvard St, Glendale, CA 91205
$677,000 Last Sold Price
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1518 E Harvard St
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Related Resources to 404 Lincoln Ave

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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