Description
1113 Thompson Avenue is an 8-unit value-add multifamily opportunity located in the highly sought-after Northwest Glendale submarket. Built in 1980 and spanning 7,754 square feet, the property offers a desirable mix of one- and two-bedroom units perfectly suited for individuals, couples, and small families. Set on a 6,590 SF lot with classic California charm, the building features on-site parking and private outdoor spaces, providing immediate livability and long-term appeal. Positioned just minutes from the 5 and 134 Freeways, the property offers seamless connectivity to major employment and entertainment hubs including Burbank, Pasadena, and Downtown Los Angeles. Residents benefit from proximity to top employers such as Disney, Warner Bros., and DreamWorks Studios, as well as premier retail and recreational destinations like the Glendale Galleria, Brand Boulevard, and Griffith Park. With utilities separately metered for gas and electricity and water master-metered, this well-maintained asset presents investors with strong fundamentals and significant upside potential. Interior renovations and cosmetic enhancements offer an ideal path to increased rental income and property appreciation in one of Glendale's most stable, low-vacancy neighborhoods known for its excellent schools and strong sense of community.
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12BEDS
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0.15ACRES
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12BATHS
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01/2 BATHS
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7,754SQFT
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$413$/SQFT
School Ratings & Info
Description
1113 Thompson Avenue is an 8-unit value-add multifamily opportunity located in the highly sought-after Northwest Glendale submarket. Built in 1980 and spanning 7,754 square feet, the property offers a desirable mix of one- and two-bedroom units perfectly suited for individuals, couples, and small families. Set on a 6,590 SF lot with classic California charm, the building features on-site parking and private outdoor spaces, providing immediate livability and long-term appeal. Positioned just minutes from the 5 and 134 Freeways, the property offers seamless connectivity to major employment and entertainment hubs including Burbank, Pasadena, and Downtown Los Angeles. Residents benefit from proximity to top employers such as Disney, Warner Bros., and DreamWorks Studios, as well as premier retail and recreational destinations like the Glendale Galleria, Brand Boulevard, and Griffith Park. With utilities separately metered for gas and electricity and water master-metered, this well-maintained asset presents investors with strong fundamentals and significant upside potential. Interior renovations and cosmetic enhancements offer an ideal path to increased rental income and property appreciation in one of Glendale's most stable, low-vacancy neighborhoods known for its excellent schools and strong sense of community.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-12T20:43:20.513. 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. Properties may or may not be listed by the office/agent presenting the information.