327 S Madison Way is a prime Glendale multifamily investment opportunity offering townhouse-style living, modern amenities, and significant rental upside—all at the lowest price per square foot compared to similar sales in the past year. Built in 1983, this well-maintained 8-unit property features (8) two-bedroom, 2.5-bath units, each averaging approximately 1,413 square feet.

Every unit is designed for tenant satisfaction and operational efficiency, with direct access to a private two-car garage, in-unit laundry, central air and heat, and a private patio. These townhome-style units live more like single-family residences—making them highly desirable in a tight Glendale rental market. Tenants pay for their own gas, electricity, and water, further enhancing the property’s income efficiency.

Current ownership has invested over $200,000 in capital improvements, including upgrades to several units with wood-laminate flooring, updated cabinetry and backsplash, recessed lighting, and stainless steel appliances. The property also features a new roof (installed in 2019) and new decks (completed in 2020)—minimizing near-term capex for incoming ownership.

At list price, 327 S Madison Way is projected to stabilize at a 6.20% CAP and 11.19 GRM, with approximately 19% rental upside remaining compared to market rents for renovated units in the area. Additional amenities include secure gated entry and a community laundry room.

Located in central Glendale near The Americana at Brand, major employment centers, and neighborhood conveniences, this Glendale multifamily asset offers the scale, quality, and upside rarely found in one of LA County’s most consistently strong-performing rental markets.