Highlights
• Prime Location: The property is strategically located in Glendale, one of the most desirable cities in the Los Angeles metropolitan area. • Transportation Access: The property offers excellent access to major highways, public transportation, and is within a short drive of DTLA . • Detached 4 car garage could make for a great ADU play, buyer to verify. • Strong Rental Demand: Glendale's housing market has shown consistent growth with high demand for rental units. • Property sits on a corner lot and right across the street from Woodrow Wilson Middle school. (Great Exposure)
Description
The apartment building at 630 Naranja Dr presents a strong investment opportunity in the growing Glendale, CA real estate market. With its desirable location, consistent rental demand, and potential for long-term value appreciation, it appeals to both investors and owner-users looking for reliable income and future growth. This Spanish-style property features four spacious 2-bedroom, 1-bath units, each offering large bedrooms, expansive living rooms, and dedicated dining areas. All units are currently occupied by responsible tenants who pay on time. Recent upgrades include updated electrical meters, copper plumbing, fresh exterior paint, and a newly resurfaced backyard common area.
Listing Details
- Cap Rate
4.7%
- Space Type
multifamily
- Sub Category
apartments-building
- Sale Type
Investment Sale
- Date Listed
3/12/2026
- Broker/Agent Co-op
Yes
- Investment Type
Stabilized
- Net Operating Income
$92,867
- Parking Info
0.83/1000 SF
Property Specifics
- Property Name
630 Naranja Dr
- Property Class
C
- No of Buildings
1
- No of Stories
2
- No of Units
4
- Year Built
1929
- Building Size
4,838 SF
- Lot Size
0.13 Ac
- APN
5646-016-006
- Zoning
GLR4YY
- Occupancy
100%