Welcome to Santa Barbara Apartments, an exceptional 9-unit multifamily asset located in the heart of Glendale, CA. Offered for the first time on the market, this well-maintained and recently upgraded property presents a rare opportunity for investors seeking strong in-place income with additional upside potential. The building features (4) two-bedroom units and (5) one-bedroom units, with 8 currently occupied and 1 vacant—ideal for an owner-user or immediate rent growth. Recent improvements include new electric subpanels in every unit, a new main service panel, updated asphalt, fresh exterior paint, upgraded railings, and a new irrigation system, enhancing both performance and curb appeal. Additional amenities include, wall-mounted A/C units, on-site coin-operated laundry, and dedicated parking for 8 of the 9 units. Three apartments have been recently remodeled. Two rent increases are scheduled for December, providing further income growth. Centrally located near major freeways, public transportation, shopping, and dining, this property provides convenience and enduring tenant demand—making it an excellent addition to any investor’s portfolio. Current cap rate is 5.06%, with a projected 5.85% cap rate once the vacant unit is leased—an outstanding return for the Glendale market.
Sold for $2,800,000
Listed by: Sunset Lending and Realty • Thomas Freedman • Contact: 310-575-4835
Bought with: Coldwell Banker Hallmark
$2,800,000
437 W Glenoaks Blvd, Glendale, CA 91202
13beds
9baths
6,580sqft
Multi Family
Built in 1962
-- sqft lot
$2,789,100 Zestimate®
$426/sqft
$3,695 Estimated rent
Home value
$2,789,100
$2.54M - $3.07M
$3,695/mo
Zestimate® history
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List your homeWhat's special
New main service panelNew electric subpanelsNew irrigation systemFresh exterior paintUpgraded railings
Zillow last checked:
Listing updated:
Listed by:
Thomas Freedman DRE #02193913 424-204-3271,
Sunset Lending and Realty,
George Ouzounian DRE #01948763 818-900-4259,
The Agency
Bought with:
Daniel Shakaryan, DRE #02252892
Coldwell Banker Hallmark
Source: CRMLS,MLS#: SR25249639
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 9
Rooms
- Room types: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Features: Primary Suite
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Ceiling Fan(s), Unfurnished, Primary Suite
- Flooring: Carpet, Laminate
- Windows: Blinds
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 6,580
- Total interior livable area: 6,580 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport, On Street
- Garage spaces: 8
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 0
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Hills, Mountain(s), Neighborhood, Valley, Trees/Woods
Lot
- Size: 9,486 Square Feet
- Features: Lawn, Landscaped, Near Park
Details
- Parcel number: 5636004024
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Biking, Hiking, Street Lights, Sidewalks, Park
- Security: Carbon Monoxide Detector(s), Resident Manager, Smoke Detector(s)
Location
- Region: Glendale
Financial & listing details
- Price per square foot: $426/sqft
- Date on market: 11/3/2025
- Cumulative days on market: 30 days
- Listing terms: Cash,Conventional
- Exclusions: All appliances tenant-owned
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Sold | $2,800,000+1.8%$426/sqft |
Source:  CRMLS #SR25249639 Report a problem | ||
| 12/17/2025 | Pending sale | $2,750,000$418/sqft |
Source: CRMLS #SR25249639 Report a problem | ||
| 11/3/2025 | Listed for sale | $2,750,000$418/sqft |
Source: CRMLS #SR25249639 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Verdugo Viejo
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Nearby schools
GreatSchools rating
- 9/10Mark Keppel Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Eleanor J. Toll Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Herbert Hoover High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$2,789,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,789,100
- California
- Los Angeles County
- Glendale
- 91202
- Verdugo Viejo
- 437 W Glenoaks Blvd
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