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Glendale Apartment Building Sales

Explore 5 closed transactions totaling $8.57M in Glendale. Data from the LAAA Team at Marcus & Millichap.

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5

Transactions

$8.57M

Total Volume

3.36%

Avg Cap Rate

$320,990

Avg $/Unit

6

Avg Units

2012

Since

Cap rate, price per unit and unit count are averaged across apartment sales only: 4 of these 5 closed transactions are apartment sales.

LAAA Team Track Record Since 2012

Glendale Multifamily Market Overview

Glendale is an independent city anchored by Brand Boulevard and the Americana at Brand. Across 5 transactions totaling $8.6M, the 4 apartment sales average a 3.36% cap rate at $321,000 per unit across 23 units. NOT subject to LA RSO, AB 1482 only.

Market Snapshot

Source: CoStar | Glendale Multifamily | 2026 Q1
35,761Total Units
4.5%Vacancy Rate
$2,382Market Rent/Unit
+0.4%Rent Growth (YoY)
4.9%Market Cap Rate
$376,593Market $/Unit

Rents by Unit Type

Studio$1,986/mo
1 Bedroom$2,092/mo
2 Bedroom$2,660/mo
3 Bedroom$3,453/mo

Investment Activity (Trailing 12 Mo)

Sales Volume$134.0M
Transactions16
Avg Price/Unit$376,593
Avg Cap Rate5.4%

Glendale Market Area

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LAAA Team Closings in Glendale

5 transactions by Glen Scher, Filip Niculete & the LAAA Team

1027 Grover Ave

Glendale • 2023

Price
$3,065,000
Units
8
Cap
4.40%
$/Unit
$383,125

805 W Glenoaks Blvd

Glendale • 2019

Price
$1,040,000
Units
3
Cap
2.68%
$/Unit
$346,667

1443 E Maple St

Glendale • 2019

Price
$1,575,000
Units
6
Cap
3.75%
$/Unit
$262,500

237 Thompson Ave

Glendale • 2018

Price
$1,750,000
Units
6
Cap
2.59%
$/Unit
$291,667

632 Irving Ave

Glendale • 2017

Price
$1,145,000
Cap
1.25%

Source: LAAA Team Closed Transactions

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Your LA Apartment Investment Advisors

Glen Scher

Glen Scher

Senior Managing Director Investments

(818) 212-2808

Email Glen

License(s): CA: 01962976

Filip Niculete

Filip Niculete

Senior Managing Director Investments

(818) 212-2748

Email Filip

License(s): CA: 01905352

LA Apartment Advisors | Marcus & Millichap

16830 Ventura Blvd, Ste. 100, Encino, CA 91436

LAAA