Glendale Multifamily Broker
Glendale apartment sales, with no Measure ULA transfer tax.
David Saghian of The Saghian Group (Lyon Stahl) is a Glendale multifamily broker who has closed 1 sale totaling $8,950,000 there. Below are the Glendale market numbers for 2023 to 2025, every Glendale sale we have closed, and what moves price for owners here.
Glendale Market Snapshot
Glendale is its own city, with no LA RSO and no Measure ULA, and steady trading: 42 sales in each half of 2025.
- Buildings sold
- 42
- $/unit
- $385,000
- $/SF
- $402
- Avg cap rate
- 5.0%
- Buildings sold
- 42
- $/unit
- $333,333
- $/SF
- $375
- Avg cap rate
- 5.0%
- Buildings sold
- 35
- $/unit
- $322,083
- $/SF
- $323
- Avg cap rate
- 5.2%
*Glendale submarket, buildings of 10+ units, Lee & Associates half-year reports.
Our Sale in Glendale
1060 Raymond Ave
20 units, offered for the first time by the owner who built it.
VIEW CLOSING →Why Sell With David in Glendale
Priced from real comps
Your value is built from your rent roll and current Glendale sales.
1031 & private buyers
A deep list of buyers active across Glendale and Burbank.
Quiet when you need it
Off-market or full campaign: we pick the path that nets you more.
Glendale rules
We model AB 1482 and Glendale's Rental Rights Program before you list.
What Moves Price in Glendale
Glendale owners: get a value built from our 1060 Raymond Ave sale and current Glendale rents.
Request a Confidential Valuation
Meet David Saghian
A UC Berkeley Haas graduate, I worked at Deloitte and in investment banking before real estate. Today our team has closed more than $400M in Los Angeles sales, and I bring a principal's perspective to every one.
Call (310) 401-1559Glendale Seller FAQs
What is my Glendale apartment building worth?
Lee & Associates reported Glendale buildings of 10+ units selling at $322,083 per unit, $323 per square foot and a 5.2% average cap rate in H1 2026. Value turns on rents versus market and condition. We sold 1060 Raymond Ave, 20 units at $8,950,000 and a 5% cap rate.
What are Glendale prices and cap rates doing now?
Glendale trades steadily: 42 sales of 10+ units in each half of 2025 and 35 in H1 2026. Price per unit eased from $385,000 in H1 2025 to $322,083 in H1 2026 as cap rates moved from 5.0% to 5.2%.
How long does it take to sell, and should I go off-market?
Timing depends on price, financing and how fast you deliver due diligence; escrow typically runs 30 to 60 days. A full campaign usually brings more buyers and a higher price; off-market works when the right buyer is already in hand.
Is my Glendale building rent controlled?
Glendale is its own city, so the LA RSO does not apply. Glendale has no local rent cap, but its Rental Rights Program lets a tenant who gets an increase above 7% in 12 months move out with relocation pay of three times the proposed rent, and owners can bank unused increases up to 21%. Most buildings over 15 years old fall under AB 1482: 5% plus CPI, max 10%, or 8.7% in the LA area from August 1, 2026.
Does Measure ULA apply, and what does it cost to sell in Glendale?
No. Measure ULA is a City of Los Angeles tax and Glendale is a separate city. The County transfer tax ($1.10 per $1,000) still applies, plus the broker commission (negotiated, not set by law), escrow, title and any loan prepayment penalty. We model your net proceeds before you list.
Does my Glendale property have development potential?
ED1 and CHIP are City of LA programs and do not apply in Glendale, but State Density Bonus Law does. We check zoning, lot size and current Glendale rules so buyers pay for real upside.
How should I prepare my building for sale?
Have a current rent roll, a T-12 (trailing 12 months of income and expenses), leases and repair records ready, and fix or disclose deferred maintenance. Buyers and lenders look hard at older wood-frame buildings with tuck-under parking, so have any engineering or retrofit records ready.
Who is buying in Glendale, and why sell with David Saghian?
Buyers include 1031 exchange investors, who must identify within 45 days and close within 180 days (the same IRS deadlines apply if you exchange), and private local owners. David Saghian has closed 1 Glendale sale totaling $8,950,000, 1060 Raymond Ave, offered for the first time by the owner who built it, and our team has closed more than $400M in LA sales.