453 Ivy Street
Glendale, CA 91204
Sale Price
$7,500,000
Brochure
Property Website
Map
Multifamily For Sale - Available June 2025
CBRE Offering: Glendale | All Two-Bedroom Units* | 1984 Construction
Incredible Glendale location; Walk Score of 91
Walking Distance to The Americana at Brand, Glendale Galleria Mall, and Downtown Glendale
Proximate to Shopping, Dining, and Entertainment along Colorado Street, Central Ave, Brand Boulevard, Broadway, and Glendale Avenue, Glendale Fashion Center, LA Zoo, Griffith Park, Griffith Observatory, and Glendale Community College
All Two-Bedroom Units; 18 - Two-Bedroom/Two-Bathroom Units
1984 Construction; ±20,733 SF Building Size on ±14,959 GLR4 Lot
Current Rents ±31% Under Market
Well-Amenitized; Controlled Access Entry, Courtyard Area, Elevator, In-Unit Laundry, Central Air & Heat, and Fireplaces Balconies/Patios
Impressive Marketing Fundamental; 2025 Average Housing Value of $1,189,050 and 2025 Average Household Income of $128,711
Get in touch
Jenny Eng
Lic: 01931251
Priscilla Nee
Lic: 01435254
Hannah Hampton
Lic: 0224265
Roselaine BienAime-Brizzi
Gianni Novo - Debt & Structured Finance
Lic: 01900600
CBRE, Inc. is proud to exclusively present 453 Ivy Street in the city of Glendale. Located south of Broadway, between Pacific Avenue and Central Avenue, and north of Colorado Street, 453 Ivy Street offers an investor the rare opportunity to own an excellent piece of real estate in one of the most prominent submarkets within the Tri-Cities and the San Fernando Valley.
453 Ivy Street is a three-story, 17 plus 1 non-conforming unit multifamily property constructed in 1984 on a ±14,959 square foot lot, with a total building size of ±20,733 square feet. The neatly landscaped, controlled-access property is well maintained, separately metered for gas and electric (non-conforming units are master-metered), serviced by central water heaters, and offers an elevator and partial subterranean parking spaces with storage areas. Two units have individual garages within the parking structure.
453 Ivy Street boasts an excellent unit mix of all two-bedroom/two-bathroom units. The large units are approximately ±1,148 square feet and offer laminate wood and tile flooring, a stove, a refrigerator, a microwave, a dishwasher, central air & heat, in-unit laundry (non-confirming units have shared a laundry room), recessed lighting, a fireplace, ample closet and storage space, and a balcony or patio. Select units have been renovated.
*Property has 17 legal units with 1 non-conforming unit
453 Ivy Street is a three-story, 17 plus 1 non-conforming unit multifamily property constructed in 1984 on a ±14,959 square foot lot, with a total building size of ±20,733 square feet. The neatly landscaped, controlled-access property is well maintained, separately metered for gas and electric (non-conforming units are master-metered), serviced by central water heaters, and offers an elevator and partial subterranean parking spaces with storage areas. Two units have individual garages within the parking structure.
453 Ivy Street boasts an excellent unit mix of all two-bedroom/two-bathroom units. The large units are approximately ±1,148 square feet and offer laminate wood and tile flooring, a stove, a refrigerator, a microwave, a dishwasher, central air & heat, in-unit laundry (non-confirming units have shared a laundry room), recessed lighting, a fireplace, ample closet and storage space, and a balcony or patio. Select units have been renovated.
*Property has 17 legal units with 1 non-conforming unit
Sale Price
$7,500,000
Get in touch
Jenny Eng
Lic: 01931251
Priscilla Nee
Lic: 01435254
Hannah Hampton
Lic: 0224265
Roselaine BienAime-Brizzi
Gianni Novo - Debt & Structured Finance
Lic: 01900600