




1001 S Central Ave, Glendale, CA, 91204
About This Home
Located in the highly desirable city of Glendale, 1001-1005 S Central Ave presents a rare mixed-use investment opportunity in one of Los Angeles County's most dynamic and supply-constrained rental markets. UPSIDE INCOME FOR ON-SITE STORAGE! Positioned on a prominent corner lot along a major thoroughfare, the property benefits from strong visibility, consistent foot and vehicle traffic, and long-term upside potential. The property features a diverse unit mix of 28 total units, including 16 singles, 10 one-bedroom/one-bath units, and 2 commercial spaces, offering investors a balanced income stream from both residential and retail components. This mix provides flexibility and stability, attracting a wide range of tenants while diversifying revenue sources. The property also includes on-site laundry facilities, an essential amenity that enhances tenant convenience and retention. Situated in a high-demand rental location, the property is surrounded by a dense population, strong employment base, and a variety of retail and dining options. Residents and commercial tenants alike benefit from close proximity to the Glendale Galleria and The Americana at Brand, two of the area's premier shopping and lifestyle destinations. The location also offers excellent accessibility with short distance to the Interstate 5, State Route 134, and State Route 2, providing convenient connectivity throughout the greater Los Angeles area. Public transportation is easily accessible via the nearby Glendale Transportation Center, further enhancing the property's appeal to tenants. With its prime Glendale location, strong mixed-use configuration, corner lot positioning, and proximity to major retail, transit, and freeway access, 1001-1005 S Central Ave represents a compelling opportunity for investors seeking stable income with long-term growth potential in a thriving urban market. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Getting Around
Schools
Construction
Condition
- Year built: 1928
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 28
Heating & Cooling
- Heating features: Wall
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 20,355
- Total interior livable area: 20,355 sqft
Property
Details
- Parcel number: 5696025038
- Zoning: GLC3
- Special condition: Standard
Features
- Levels: Multi/Split
- Stories: 3
Lot
- Lot size: 8,102 sqft
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $34,131 | $409,572 |
| Home Insurance * | $638 | $7,656 |
| Property Taxes | $6,417 | $77,004 |
| Electricity | $4,364 | $52,378 |
| Total | $45,550 | $546,600 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-22 | Listed for sale | $6,750,000 |
| 2023-11-12 | Listing removed | -- |
| 2023-08-18 | Listed for rent | $1,795 |
| 2023-08-06 | Listing removed | -- |
| 2023-03-24 | Price change | $1,795 |
| 2023-03-15 | Price change | $2,195 |
| 2023-03-13 | Price change | $1,995 |
| 2023-01-29 | Price change | $1,795 |
| 2022-12-22 | Price change | $1,995 |
| 2022-08-31 | Price change | $1,895 |
| 2022-07-31 | Price change | $1,695 |
| 2022-07-16 | Listed for rent | $1,795 |
| 2022-07-07 | Listing removed | -- |
| 2022-06-17 | Price change | $1,795 |
| 2022-05-30 | Listed for rent | $1,695 |
| 2022-02-24 | Listing removed | -- |
| 2022-02-04 | Price change | $1,495 |
| 2021-10-15 | Price change | $1,595 |
| 2021-06-16 | Listed for rent | $1,695 |
| 2021-03-24 | Listing removed | -- |
| 2018-09-28 | Listing removed | $1,395 |
| 2018-09-06 | Listed for rent | $1,395 |
| 2018-06-13 | Listing removed | $1,295 |
| 2018-04-11 | Price change | $1,295 |
| 2018-03-12 | Listed for rent | $1,395 |
| 2004-09-13 | Sold | $2,515,000 |
| 1999-09-15 | Sold | $238,181 |
| 1996-09-25 | Sold | $500,000 |
| 1995-02-23 | Sold | $53,482 |
