Listed By:
Sevak Keshishian with Marcus & Millichap; 818-212-2694
Address
121 Maynard Street, Glendale, CA
Price
$ 3,550,000
Property Attributes
  • MLS#26661231
  • TypeSingle Family
  • Listing Status ActiveUnderContract
  • CountyLos Angeles
  • CityGlendale
  • Area Glendale-South of 134 Fwy
  • Zip91205
  • Style
  • Year Built1954
  • Price$ 3,550,000
  • Bedrooms16
  • Full Bathrooms16
  • Half Bathrooms0
  • Sqr Footage7856
  • Lot Size0.3625 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Sale is a part of a 2 property portfolio with 1502 Broadway: Marcus & Millichap is pleased to present The MayBro Apartment Portfolio, 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.

Price History
3/7/2026 Listed $3,750,000
5/7/2026 1$3,700,000
7/8/2026 4$3,550,000

General Features

Living Area 7856
Heating WallFurnace
Cooling WallWindowUnits
Appliances Refrigerator
Zoning R2250
Year Built 1954
Stories Count 2
Levels Two
Gross Income 329370
County Los Angeles
Net Operating Income 242727
New Construction false
Property Type ResidentialIncome
HOA false
Attached Garage false
Special Listing Conditions Standard
Status ActiveUnderContract
Directions Heading east on E. Broadway, make a right at Maynard.
City Glendale
Senior Community Y/N false
Number Of Units Total 16
MLS Area 628 - Glendale-South of 134 Fwy
Lot Size Units SquareFeet
Lot Size Square Feet 15792
Carport Y/N true
Additional Parcels Y/N false
Standard Status ActiveUnderContract
Cap Rate 6.84
PostalCity GLENDALE

Interior Features

Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 16
Total Baths 16

Exterior Features

Parking Features DetachedCarport
Total Parking 12
Lot Size Area 15792
Number of Buildings 1
Building Area Total 7856
Lot Size Acres 0.3625

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 91205

Price
AVG $1.5M
$3.55M
Year Built
AVG 1947
1954

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