719 Orange Grove Ave is a well-located Glendale multifamily property offering investors scale, stability, and long-term upside in one of Los Angeles County’s most resilient rental markets. Positioned just 0.7 miles from The Americana at Brand and Glendale Galleria, the property sits within walking distance of Glendale’s dynamic downtown corridor—home to top-tier retail, dining, and major employers.

Built in 1988, the complex features a desirable courtyard layout and an efficient unit mix consisting of (12) two-bedroom, two-bath units, (2) one-bedroom units, and one non-conforming studio. Most interiors include wood-laminate flooring, stainless steel appliances, central air conditioning, and private balconies—amenities that appeal to long-term tenants in a family-oriented submarket.

At the time of offering, 719 Orange Grove Ave was priced at a 4.91% CAP and 13.75 GRM on current rents, with approximately 30% rental upside. At stabilization, the asset is projected to achieve a 6.21% CAP and 11.64 GRM based on market rents. Located in the City of Glendale, the property is not subject to LA City rent control and currently allows for annual rent increases of 5% + CPI (currently 8.8%)—a major advantage over similar assets in neighboring jurisdictions.

Tenants enjoy easy access to the Glendale Fashion Center (0.5 miles), as well as major employers including KABC-7, Walt Disney Animation Studios, and Adventist Health Glendale. Property amenities include controlled access, a secured covered parking garage, and a community laundry room.

For investors seeking a low-maintenance, professionally located Glendale multifamily asset with strong fundamentals and clear value-add potential, 719 Orange Grove Ave presents a compelling opportunity in a supply-constrained, growth-focused submarket.