Glendale Apartment Building Sales

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

5

Transactions

$8.57M

Total Volume

2.93%

Avg Cap Rate

$320,990

Avg $/Unit

6

Avg Units

2013

Since

Glendale Multifamily Market Overview

Glendale is an independent city anchored by Brand Boulevard and the Americana at Brand. Across 5 transactions totaling $8.6M, average cap rate is 2.93% at $321K per unit. NOT subject to LA RSO — AB 1482 only.

Market Metrics

Total Deals

5

Total Volume

$8.57M

Avg Cap Rate

2.93%

Cap Rate Range

1.25% - 4.40%

Avg $/Unit

$320,990

$/Unit Range

$262,500 - $383,125

Avg Units/Deal

6

Deal Types

Apartments: 4, Industrial: 1

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
$377KMarket $/Unit

Rents by Unit Type

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

Supply & Demand

Under Construction108 units
Delivered (12 mo)279 units
Net Absorption (12 mo)66 units
Occupancy Rate95.5%

Investment Activity (Trailing 12 Mo)

Sales Volume$134.0M
Transactions16
Avg Price/Unit$377K
Avg Cap Rate5.4%

LAAA Team Closings in Glendale

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

1027 Grover Ave

Glendale2023

Price
$3.06M
Units
8
Cap
4.40%
$/Unit
$383,125

805 W Glenoaks Blvd

Glendale2019

Price
$1.04M
Units
3
Cap
2.68%
$/Unit
$346,667

1443 E Maple St

Glendale2019

Price
$1.57M
Units
6
Cap
3.75%
$/Unit
$262,500

237 Thompson Ave

Glendale2018

Price
$1.75M
Units
6
Cap
2.59%
$/Unit
$291,667

632 Irving Ave

Glendale2017

Price
$1.15M
Cap
1.25%

Source: LAAA Team Closed Transactions

Glendale Multifamily Investment FAQs

← Back to Glendale, Pasadena & Burbank

What's Your Apartment Building Worth?

Get a complimentary Broker Opinion of Value from the LAAA Team.

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