We are pleased to exclusively present for sale a premiere Development Opportunity in the City of Glendale. This is the mixed-use 31 units apartment complex project. There is a fantastic opportunity for an investor/developer to acquire and build dream contemporary income property and take advantage of strong rent growth and positive market momentum in a dynamic Glendale City. There are only 3 low-income units in this approved project. Total square footage of building: 40,240 sq. ft.
For sale
Listed by: SARO Realty Inc • Armen Saroyan • Contact: 818-268-9999
$4,399,000
1642 S Central Ave, Glendale, CA 91204
961beds
--baths
40,240sqft
:
Get pre-qualified$28,886/mo
Mixed Use
Built in 1915
-- sqft lot
$3,989,000 Zestimate®
$109/sqft
$-- HOA
What's special
- 78 days |
- 126 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Armen Saroyan DRE #01509865 818-268-9999,
SARO Realty Inc
Source: CRMLS,MLS#: GD26103156
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 961
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 40,240
- Total interior livable area: 40,240 sqft
Property
Parking
- Total spaces: 17
- Parking features: Garage
- Garage spaces: 17
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 9,962 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5640029014
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Mixed Use
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
Location
- Region: Glendale
Financial & listing details
- Price per square foot: $109/sqft
- Tax assessed value: $1,257,690
- Annual tax amount: $13,990
- Date on market: 5/12/2026
- Cumulative days on market: 78 days
- Listing terms: Cash
Estimated market value
$3,989,000
$3.71M - $4.23M
$3,957/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $4,399,000+282.5%$109/sqft |
Source:  CRMLS #GD26103156 Report a problem | ||
| 10/2/2019 | Sold | $1,150,000-3.8%$29/sqft |
Source:  Glendale AOR ZDD #319002957 Report a problem | ||
| 9/6/2019 | Pending sale | $1,195,000$30/sqft |
Source: Coldwell Banker Hallmark Realty #319002957 Report a problem | ||
| 7/31/2019 | Listed for sale | $1,195,000-29.7%$30/sqft |
Source: Coldwell Banker Hallmark #319002957 Report a problem | ||
| 5/1/2018 | Listing removed | $1,699,000$42/sqft |
Source: Coldwell Banker Hallmark #318000568 Report a problem | ||
| 2/23/2018 | Price change | $1,699,000-5.6%$42/sqft |
Source: Coldwell Banker Hallmark Realty #318000568 Report a problem | ||
| 2/13/2018 | Listed for sale | $1,799,000+74.7%$45/sqft |
Source: Coldwell Banker Hallmark #318000568 Report a problem | ||
| 11/30/2017 | Sold | $1,030,000+102%$26/sqft |
Source: Public Record Report a problem | ||
| 1/19/2006 | Sold | $510,000$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,990 +2% | $1,257,690 +2% |
| 2024 | $13,715 +2.3% | $1,233,030 +2% |
| 2023 | $13,403 +1.4% | $1,208,854 +2% |
| 2022 | $13,221 +2.1% | $1,185,152 +2% |
| 2021 | $12,946 +1.5% | $1,161,914 +1% |
| 2020 | $12,760 | $1,150,000 +9.5% |
| 2019 | $12,760 +12% | $1,050,600 +2% |
| 2018 | $11,398 | $1,030,000 +71.5% |
| 2017 | $11,398 +68.7% | $600,514 +2% |
| 2016 | $6,757 +3.3% | $588,740 +1.5% |
| 2015 | $6,539 +2.8% | $579,898 +2% |
| 2014 | $6,359 | $568,540 +4.5% |
| 2011 | -- | $543,997 +0.8% |
| 2010 | -- | $539,932 -0.2% |
| 2009 | -- | $541,215 +2% |
| 2008 | -- | $530,604 +2% |
| 2007 | -- | $520,200 +679.9% |
| 2006 | -- | $66,700 |
| 2005 | -- | $66,700 +6% |
| 2003 | -- | $62,937 +2% |
| 2002 | -- | $61,704 +4% |
| 2000 | -- | $59,310 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Tropico
Nearby schools
GreatSchools rating
- 5/10Cerritos Elementary SchoolGrades: K-6Distance: 0.3 mi
- 5/10Theodore Roosevelt Middle SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Glendale High SchoolGrades: 9-12Distance: 2 mi
- $532,700-- bd-- ba468 sqft1616 Gardena Ave, Glendale, CA 91204Off Market
- $1,071,6003 bd2 ba2.3k sqft339 El Bonito Ave, Glendale, CA 91204Off Market
- $642,200-- bd-- ba-- sqft1611 Gardena Ave, Glendale, CA 91204Off Market
- $1,034,200-- bd-- ba1.4k sqft343 El Bonito Ave, Glendale, CA 91204Off Market
- $1,144,2003 bd3 ba1.6k sqft335 El Bonito Ave, Glendale, CA 91204Off Market
- $2,353,100-- bd-- ba4k sqft1626 S Central Ave, Glendale, CA 91204Off Market
- $1,277,6003 bd2 ba1.8k sqft331 El Bonito Ave, Glendale, CA 91204Off Market
- $---- bd-- ba-- sqft1649 S Central Ave, Glendale, CA 91204Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
