1502 E Broadway | Image 1
New
1502 E Broadway | Image 2
1502 E Broadway | Image 3
1502 E Broadway | Image 4
1502 E Broadway | Image 5

$7,500,000

A day ago

0 Bed

0 Bath

--

20 Parking

MLS® 26650957

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1954
MLS® Number 26650957

Property Address: 1502 E Broadway, Glendale, CA, 91205-1537

Average square foot calculated using Size range provided by listing agent.

Description

SOLD AS A PORTFOLIO WITH 121 MAYNARD ST. We are pleased to present The MayBro Apartments, a thirty-two-unit multifamily investment opportunity located in the Citrus Grove neighborhood of Glendale. Offered for sale for the first time in nearly 20 years, 121 Maynard St. And 1502 E. Broadway provide an investor with the opportunity to acquire two sixteen-unit apartment buildings on separate parcels with over 15% in rental upside. Constructed in 1954, both properties are comprised of sixteen one-bedroom/one-bathroom units. The average unit sizes at both properties are almost 500 square feet, and most units have been renovated during ownership. Each property has its own on-site laundry room, and all units are separately metered for gas and electricity and have individual hot water heaters. 1502 E. Broadway provides tenants with 20 parking spaces and 121 Maynard St. Provides tenants with 12 parking spaces and 12 storage units. There is also an additional owner's storage shed at the rear of 121 Maynard St. Both properties are zoned for R2250. Situated south of E. Broadway, north of Colorado Blvd., and west of S. Verdugo Rd., The MayBro Apartment Portfolio are conveniently located the on-ramp to the 134 and 2 freeways, offering commuters ease of access to North Glendale, San Gabriel Valley, and Downtown Los Angeles. Moreover, the property is within a short distance of Eagle Rock and the variety of local businesses along Colorado Blvd. As well as the Americana and Glendale Galleria. For students, the property is also within a short distance of Glendale Community College and Occidental College in Eagle Rock. The property's proximity to these areas ensures a high demand for rental units.
MLS® Number26650957
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1954
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 11, 2026List Date
$7,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
1502 E Broadway, Glendale, CA

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