Properties

Glendale, CA 91205 1502 E Broadway

1502 E Broadway Glendale, CA - Image 11502 E Broadway Glendale, CA - Image 21502 E Broadway Glendale, CA - Image 3
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1502 E Broadway Glendale, CA - Image 4
Presented By: with Marcus & Millichap;
  • MLS# 26650957
  • 01/30/2026
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  • SQFT • 7,598

Home Details

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.
Presented By: with Marcus & Millichap;

Interior Features for 1502 E Broadway

Bathrooms

Total Baths

Other Interior Features

Total Stories2

General for 1502 E Broadway

Cap Rate5.77
CityGlendale
CountyLos Angeles
Directions134 East, Exit 9B for Harvey, Turn Right onto Harvey Dr., Harvey turns slightly right and becomes E Broadway, Turn Left, Destination is on the right.
HOA Fee$
Lot Size Square Feet15305
Lot Size UnitsSquare Feet
MLS Area628 - Glendale-South of 134 Fwy
Number Of Units Total16
PostalCityGLENDALE
Property TypeCommercial Sale
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1954
ZoningR2250

Exterior for 1502 E Broadway

Building Area Total7598
Lot Size Acres0.3514
Lot Size Area15305
Number of Buildings1
Total Parking20

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $7,500,000
MLS#26650957
List Date 01/30/2026
Property Type Commercial
Phone 888.795.6274
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