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Berkshire Hathaway HomeServices California Properties

121 Maynard Street, Glendale, CA 91205

$7,500,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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| skeshishian@marcusmillichap.com
Lic#: 01887505
Broker: Courtesy of Marcus & Millichap
Phone: 818-212-2694

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: 26650945

Price: $7,500,000

Rental Rate: $7,500,000

Lot Size:

HOA Fee is $0.00

Built in 1954

0.36 acres

County: Los Angeles

Zoning: R2250

Last Updated: 6/11/2026

Days On Market (DOM): 185

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Lat/Long: 34.145349, -118.230890.
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Easement Present: (Easement present. For more information, contact agent.)

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SOLD AS A PORTFOLIO WITH 1502 E BROADWAY. 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.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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