Lincoln Avenue

Glendale | California

The Measure of

Prime Quality

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Marcus & Millichap – Encino

Presented At

$4,375,000

Bedrooms

Living

10,162

SQFT

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427

Lincoln Avenue

Glendale | California

427 Lincoln Avenue, Glendale, California, United States. , Glendale , California

Residential Income in Glendale

We are please to present 427 Lincoln Avenue, an eleven-unit multifamily investment opportunity located in the Somerset neighborhood of East Glendale. This well-maintained asset will provide the next investor with the opportunity to capture approximately 33% in rental upside through an interior renovation program. The property also includes an occupied non-conforming one-bedroom unit that can be converted to an ADU as bonus income. Constructed in 1986, the asset comprises ten two-bedroom/two-bathroom units and one three-bedroom/two-bathroom units spread across 10,162 square feet. All units have separate meters for gas and electricity, individual water heaters, central HVAC. The property has gated entry, an on-site laundry room, and subterranean parking with 27 parking spaces. The property sits on a 9,146 square foot lot and is zoned R2250, making the existing number of units irreplaceable with the current zoning. Situated just south of Colorado Boulevard and east of Verdugo Road, 427 Lincoln Avenue is less than 2 miles from The Americana on Brand and less than 1 mile from Eagle Rock Plaza. Both Colorado Boulevard and Verdugo Road are major thoroughfares in Glendale where tenants can find a variety of retail, restaurants, and places of business within these corridors. Commuters are within minutes from the nearest on-ramp to the CA-2 and CA-134 Freeways, offering ease of access to the Eagle Rock, Highland Park, Burbank, Los Feliz, Atwater, Downtown Los Angeles, and all of San Gabriel Valley.

Property

3D Street View Tour

Property Location

427 Lincoln Avenue, Glendale, California, United States., Glendale California

Local Weather & Climate

Glendale, California

Current Conditions Updated recently

69 °F

Clear sky

Feels Like 67°F

Humidity 16%

Wind 16 mph

Visibility 6.2 mi

Sunrise 2:14 PM

Sunset 1:54 AM

5-Day Forecast

Sun 8 Mar

Clear

High 83°

Low 58°

Mon 9 Mar

Clear

High 83°

Low 58°

Tue 10 Mar

Clouds

High 70°

Low 57°

Wed 11 Mar

Clouds

High 78°

Low 58°

Thu 12 Mar

Clear

High 89°

Low 68°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Glendale?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 427 Lincoln Avenue, Glendale, California, United States have?

This other at 427 Lincoln Avenue, Glendale, California, United States features 23 bedrooms with 10,162 square feet of living space.

What is the size of 427 Lincoln Avenue, Glendale, California, United States?

This property offers 10,162 square feet of living space.

What is the listing price for 427 Lincoln Avenue, Glendale, California, United States?

This property is listed at $437,500,000, which equals $43053 per square foot.

What type of property is 427 Lincoln Avenue, Glendale, California, United States?

This is a other located in Glendale, California. The property is situated in an established neighborhood with convenient access to local amenities and services.