Multifamily

Property in Unknown, XX

5940 San Fernando Rd, Glendale, CA 91202

Price

$3,085,000

Price/Sq Ft

$3.00

Description

5940 San Fernando Rd This property offers a rare combination of income-generating potential through a unit mix of 1 retail unit and 8 residential units. The property’s Industrial/Commercial Mixed Use (IMU R) zoning allows for a range of uses, including office, retail, and residential. The property features a total of 5,729 square feet, with a lot area of 4,871 SF and 5 parking spaces. The unit mix consists of 6 one-bedroom, one-bath units, 1 two-bedroom, two-bath and 1 retail unit.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

5940 San Fernando Rd, Glendale, CA 91202

Leaflet © OpenStreetMap contributors

Market Context

This multifamily in Glendale, CA is listed for sale at $3,085,000. It has been on the market for 147 days.

As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence

Projected asking rent

$2,333/unit/mo

Estimated sale value

$269,483–$336,853/unit

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 5.0%, asking rent held flat).

View the full Greater Los Angeles Multifamily market report →

Compare it against other multifamily listings for sale in Glendale, CA to benchmark pricing and space — view the full market.

Multifamily market FAQ

What is the typical cap rate for multifamily in Greater Los Angeles?: About 5.0% as of Q1 2026, per multiple brokerages.

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.