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California>Glendale>Mariposa

300 E Garfield AvenueGlendale, CA 91205

For Sale

$2,395,000

Smart Buyer Rebate $23,950

Exceptional investment opportunity in the heart of Glendale! This well-maintained 8-unit multifamily property offers an impressive unit mix consisting of one 3-bedroom/2-bath unit with a private 1-car garage, one 2-bedroom/1-bath unit, five 1-bedroom/1-bath units, and one studio unit with an attached garage. The property has had no vacancies for many years, reflecting its strong rental stability and desirable location.

Recent capital improvements include a brand-new roof, new gutters, and copper plumbing throughout—minimizing maintenance needs and maximizing long-term value. Five tenants currently participate in the Section 8 program, providing consistent income and excellent tenant retention. Next rent increases take effect on June 1, 2026, presenting an immediate upside for investors.

With very low operating expenses and a solid rental history, this property is a turn-key addition to any multifamily portfolio. Conveniently located near shops, restaurants, and major freeways, 300 E Garfield Ave offers lasting appeal in one of Glendale’s most in-demand rental markets.

Listed by Raymond Honanian

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License #01372779

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Silver Spoon Properties

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ray@silverspooninvestments.com

Listed by Tade Keshishyan

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License #02190628

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Silver Spoon Properties

Last updated April 07, 2026

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Source: CRMLS #GD26073600

Listing Facts

  • TypeMulti-family
  • NeighborhoodMariposa
  • Days on Prevu26

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

04/06/2026
Listed by Silver Spoon Properties
$2,395,000

Property Details for 300 E Garfield Avenue

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 8
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1966
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: door

Measurements

  • Building Area Total: 6,326
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,502
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,502
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.3
  • Gross Income: $160,860.00
  • Operating Expense: $57,502.00

Taxes

  • Parcel Number: 5641016005

Other

Location

  • Tax Block: 1
  • Tax Lot: 5

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Private

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 300 E Garfield Avenue.

How does 300 E Garfield Avenue compare to other multi-family homes in Mariposa?

This multi-family home is listed 12% below the average price for multi-family homes in Mariposa and has been on the market for 53 less days than the typical home in this area.

300 E Garfield Avenue is a -bedroom multi-family home for sale in Glendale CA 91205. Available on Prevu for 26 days at $2,395,000. This residence is located in Mariposa. The median listing price for multi-family homes in this area is $1,200,000. The home offers air conditioning and parking. Explore more multi-family home listings in Glendale.

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.