#GD25067599, Ani Eskandarian, Listing Office: Coldwell Banker Hallmark
$3,400,000 List price
1021 Linden Ave Glendale, CA 91201
0.2 acres
Condo
Property details
About 1021 Linden Ave
Rare Assumable Loan fixed at 3.20% until 2032! Located in one of Glendale’s most desirable neighborhoods, this well-maintained 8-unit property presents an outstanding investment opportunity with both immediate income potential and long-term growth. Built in 1988 to modern construction standards, the asset features a highly desirable unit mix—Two: 3 Bed / 2 Bath, Four: 2 Bed / 2 Bath, and Two: 1 Bed / 1 Bath units—designed to attract a broad tenant base and maintain low vacancy rates. Currently delivering a strong 5.0% CAP rate, the property’s performance is significantly enhanced by an assumable $2,050,000 loan at a low 3.20 % fixed interest rate, locked in through June 2032—a rare and valuable advantage in today’s high-rate environment. With this financing structure in place, investors can achieve an impressive 7.8% ROI, combining stable cash flow with long-term security. There’s also immediate rental upside, with allowable rent increases this year of approximately $700/month, creating a clear path to boost NOI and overall cash flow. Four units have been recently remodeled with modern finishes, adding to the property’s rentability and tenant appeal. All units are equipped with central heating and air conditioning, enhancing comfort and value. Strategically located in a thriving Glendale rental market, this turnkey property offers the perfect blend of strong in-place income, financing leverage, and value-add potential—ideal for investors looking to secure a high-performing asset in a high-demand area.
Highlights
Home typeCondominium
StatusActive
Lot size0.1779 Acres
Year built1988
MLS #BB25118417
Garage14 spaces
Summary
- Garage Space: 14 spaces
- Private Pool: No
- List Price: $3,400,000
- Annual Tax Amount: $11,760
- Tax Year: 2024
- Directions: off of Glenoaks
- Year Built: 1988
- Stories: 3
- Lot Size: 0.1779 Acres
- MLS Number: BB25118417
- MLS Name: CRMLS
- Office Name: LA Premier Realty
- Office Email: info@lapremierrealty.com
- Listing Agent: David Nalbandyan
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 5:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,400,000
1021 Linden Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 09, 1999 | Home Sold | $640,000 |
| Feb 17, 1999 | Home Sold | $573,891 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $983,651 | $11,760 |
| 2023 | $964,365 | $11,511 |
| 2022 | $945,457 | $11,319 |
| 2021 | $926,919 | $11,100 |
| 2020 | $917,416 | $10,699 |
| 2019 | $899,428 | $10,465 |
| 2018 | $881,793 | $10,269 |
| 2017 | $864,503 | $10,269 |
History based on county public records data.
Nearby schools
6
Thomas Jefferson Elementary School
Public District PK-6
0.6 mi
•1540 5th St
6
Joaquin Miller Elementary School
Public District KG-5
0.7 mi
•720 E Providencia Ave
8
Benjamin Franklin Elementary School
Public District KG-6
0.7 mi
•1610 Lake St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,569. Typical income of Glendale, CA residents is less than $<35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
47%
<35k
46%
35k-100k
4%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
44%
Single, No Kids
8%
Single, with Kids
29%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
29%
18-34 yrs old
41%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1021 Linden Ave
The listing price of 1021 Linden Ave property is $3,400,000.
The property 1021 Linden Ave is a condo located in Glendale, California, 91201.
Active Listing: 1021 Linden Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1021 Linden Ave are: Thomas Jefferson Elementary School (GreatSchools Rating 6/10), Joaquin Miller Elementary School (GreatSchools Rating 6/10), Benjamin Franklin Elementary School (GreatSchools Rating 8/10), David Starr Jordan Middle School (GreatSchools Rating 5/10), Eleanor J. Toll Middle School (GreatSchools Rating 6/10), John Muir Middle School (GreatSchools Rating 7/10), Burbank High School (GreatSchools Rating 9/10), Herbert Hoover High School (GreatSchools Rating 8/10), John Burroughs High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $11,760 (source: MLS/based on county public records data).
The last sale was on June 9, 1999 for $640,000 (source: MLS/tax record).
The property at 1021 Linden Ave has 0 bathroom.
The year of construction for 1021 Linden Ave is 1988.
This home is located at 1021 Linden Ave in Glendale, CA and zip code 91201 in the Grandview neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 28, 2025 and is currently priced at $3,400,000.
In May 2025, from all listings sold in Glendale, CA there were more than 33 sold above asking price, over 13 sold below and more than 9 were sold right at the asked price. In May 2025 in Glendale, CA there were 7.8% more homes for sale than in April. Listings spent 24 days on the market in May 2025, and had a median list price of $1,151,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.