Own a building here? Glendale multifamily broker — Michael Sterman’s closing record, comparables and process →
Glendale is an independent city of about 195,000 in the eastern San Fernando foothills, the fourth-largest city in LA County. Large Armenian community, long-established local operator base, and robust commercial infrastructure around the Americana and Glendale Galleria.
La Cañada Flintridge and La Crescenta-Montrose to the north; the Los Angeles neighborhoods of Atwater Village and Glassell Park to the south; Pasadena and Eagle Rock to the east; and Griffith Park and the city of Burbank to the west.
A separate incorporated city — not a Los Angeles neighborhood — of about 30.6 square miles and 196,543 residents at the 2020 census, roughly 6,450 people per square mile. It is one of the largest cities in Los Angeles County, and it runs its own planning, building and rental-housing rules.
About 195,000 residents, one of the largest Armenian-American communities in the United States (roughly a third of the population identifies as Armenian), substantial Korean, Latino, and Filipino populations, and a long-established multi-generational residential base.
Glendale’s apartment stock concentrates south and west of the civic center, along Central, Brand and the Colorado corridor, with hillside single-family running north into the Verdugos. The buildings are mostly 1950s through 1980s, with newer podium construction downtown around the Americana and the Galleria. What matters commercially is the jurisdiction rather than the vintage: **Glendale is not in the City of Los Angeles**, so LA City RSO, Measure ULA and the LA soft-story ordinance do not reach a building here.
For what that looks like in practice: the 12 Glendale apartment buildings in our own closed record run from 5 to 92 units, with a median of 8. See every one of them →
The prewar stock is Spanish Colonial Revival and period revival, most of it single-family; the apartment inventory that trades is largely postwar garden and courtyard walk-ups from the 1950s to the 1970s, with 1980s product on the larger corridors and recent five-over-one construction downtown. Glendale runs its own building and seismic rules rather than Los Angeles City’s, so retrofit obligations on a specific building should be confirmed with the city directly rather than assumed from the LA ordinance.
| Building | Year | Why it matters |
|---|---|---|
| Alex Theatre | 1925 | A 1,400-seat Brand Boulevard movie palace; its 100-foot neon tower was designed by S. Charles Lee in 1940. |
| Glendale City Hall | 1942 | The PWA Moderne building; the original 1912 city hall was by Anderson and Murdock. |
| Catalina Verdugo Adobe | from 1828 | One of the oldest surviving structures in the county, predating the city by nearly eighty years. |
| Americana at Brand | 2008 | The open-air retail and residential development that reset downtown Glendale’s density and rents. |
Glendale is a separate city, so the Los Angeles HPOZ program does not apply here. The city administers its own historic preservation rules and its own register — the LA City answer is simply the wrong answer for a Glendale address, and the distinction is worth establishing before diligence rather than during it.
Healthcare (Adventist Health, Glendale Memorial), insurance (Farmers Group HQ), automotive retail along Brand Boulevard, and media (DreamWorks Animation in Glendale since 2015). Diverse employment base relative to its size.
Metrolink Ventura line at Glendale station. Major freeway access via SR-134, SR-2, and the I-5. Bus service via GBT (Beeline) plus LA Metro.
No Metro rail. Glendale station serves Metrolink’s Ventura County Line and Amtrak, the city runs its own Beeline bus service (revived in 1984), and freeway access is via the 134, the 2 and the 5. Because Transit Oriented Communities incentives are a City of Los Angeles program, they do not apply to a Glendale site.
Glendale Unified School District. Glendale Community College serves about 30,000 students annually.
Served by Glendale Unified School District, one of the city’s largest employers, with Glendale Community College — whose John A. Davitt Administration Building dates to 1937 — as the local post-secondary anchor.
The Americana at Brand, Glendale Galleria, Alex Theatre, Forest Lawn Memorial Park (Glendale Hills), Brand Park and Library, Deukmejian Wilderness Park.
Brand Park and Library (El Miradero), Deukmejian Wilderness Park, Verdugo Mountains Open Space Preserve, Scholl Canyon Park and golf course, and the Glendale Sports Complex. The city borders Griffith Park to the south.
| Park | What is there |
|---|---|
| Brand Park and Library (El Miradero) | The 1904 Saracenic-revival Brand mansion and its grounds, now the city’s art and music library. |
| Deukmejian Wilderness Park | Open space in the Crescenta Valley foothills on the north edge of the city. |
| Verdugo Mountains Open Space Preserve | The ridge that separates Glendale from Burbank and the Valley, with trail access from several city streets. |
Glendale's dining scene includes a deep concentration of Armenian and Mediterranean restaurants (particularly along Brand Boulevard and in the eastern neighborhoods), plus the international chains and boutique offerings at the Americana and Glendale Galleria.
| Institution | Since | Detail |
|---|---|---|
| Alex Theatre | 1925 | Brand Boulevard’s movie palace, still operating as a performing-arts venue. |
| Forest Lawn Memorial Park | 1906 | Opened the year the city incorporated; among the best-known cemeteries in the country. |
| Glendale Galleria | 1976 | The regional mall that anchored downtown retail for three decades before the Americana arrived. |
Glendale Cruise Nights in Montrose. Armenian community events around cultural and religious calendars. Downtown Glendale hosts a seasonal farmers market and holiday tree lighting at the Americana.
Glendale's large Armenian diaspora community has shaped the city's modern political and cultural identity. Forest Lawn Memorial Park is the final resting place for many historic Hollywood figures.
Governed by its own City Council, with its own planning department and its own Rental Rights Program — not by Los Angeles City Council districts, and not by LAHD.
Incorporated 1906. The 1920s-1930s saw major infrastructure buildout including the Alex Theatre (1925). The Armenian community established roots here starting in the 1970s and now represents a major demographic anchor.
| Year | What happened |
|---|---|
| 1828 | Construction begins on the Catalina Verdugo Adobe, on the Rancho San Rafael land grant. |
| 1887 | The first plat is filed by Erskine Mayo Ross and others. |
| 1906 | Glendale incorporates as a city on February 15. Forest Lawn opens the same year. |
| 1925 | The Alex Theatre and the Hotel Glendale open on Brand Boulevard. |
| 1929 | Grand Central Airport opens; it closes in 1959. |
| 1961 | Walt Disney Imagineering is established on the former airport site, anchoring the city’s creative-industry base. |
| 1976 | The Glendale Galleria opens. |
| 2008 | The Americana at Brand opens, pulling residential density into downtown. |
| 2019 | The Rental Rights Program (Ordinance 5922) takes effect on March 14, amended again effective March 7, 2024. |
Every figure below is computed from the Sterman Multifamily Group’s own closed record in Glendale — not from a market report. Price per door falls as buildings get bigger, which is why this is banded by size rather than given as one number: comparing a six-unit building to a forty-unit building on price per unit compares two different products. Across all 12 closings the median is $258,854 per unit.
| Building size | Closings | Median per unit | Range per unit |
|---|---|---|---|
| 4–10 units | 7 | $259,375 | $220,833 – $300,000 |
| 11–25 units | 3 | $247,500 | $237,895 – $358,824 |
| 26–50 units | 1 | $108,333 (one sale, not a median) | — |
| 51+ units | 1 | $263,587 (one sale, not a median) | — |
The largest closing in the Glendale record is 3250 Fairesta St at $24,250,000 (92 units); the smallest is 1036 Linden Ave at $1,325,000 (6 units). The record here runs from 2012 to 2025, and the busiest single year was 2014 with 4 closings.
How these figures are calculated, and what we do not claim →
Repeat presence on one street is worth more to a Glendale owner than a citywide total: it means the buyer pool, the rents and the quirks of that block are already known here. These are the Glendale streets where the Sterman Multifamily Group has closed more than one building — 5 buildings across 2 streets.
| Street | Buildings | Units | Years |
|---|---|---|---|
| Linden Avenue | 3 | 28 | 2014–2025 |
| Hilda Avenue | 2 | 16 | 2014 |
These are the 26 Los Angeles submarkets where the group has closed the most buildings, on our own record rather than a published index. The spread is the reason a citywide per-unit figure is close to useless for pricing a specific building.
| Submarket | Buildings | Units | Median per unit | Size range |
|---|---|---|---|---|
| Hollywood | 24 | 562 | $282,589 | 3–75 |
| Koreatown | 21 | 465 | $158,958 | 4–96 |
| West Hollywood | 21 | 206 | $354,286 | 2–22 |
| Sherman Oaks | 17 | 349 | $237,708 | 6–47 |
| Palms | 13 | 337 | $296,875 | 7–118 |
| Glendale | 12 | 224 | $258,854 | 5–92 |
| Van Nuys | 12 | 380 | $171,801 | 4–68 |
| North Hollywood | 11 | 191 | $271,429 | 5–46 |
| Santa Monica | 8 | 100 | $616,667 | 3–27 |
| Reseda | 8 | 506 | $156,639 | 10–138 |
| West Los Angeles | 6 | 62 | $575,000 | 7–16 |
| Hancock Park | 6 | 129 | $230,519 | 7–35 |
| Los Feliz | 5 | 123 | $225,000 | 6–48 |
| Panorama City | 5 | 178 | $135,849 | 22–53 |
| Fairfax | 5 | 31 | $425,000 | 3–13 |
| Burbank | 4 | 47 | $298,917 | 10–15 |
| Toluca Lake | 4 | 84 | $337,625 | 5–40 |
| Mid-City | 4 | 26 | $256,458 | 6–8 |
| Valley Village | 4 | 81 | $263,472 | 9–34 |
| Pacoima | 4 | 282 | $153,691 | 52–100 |
| Silverlake | 3 | 38 | $243,333 | 10–16 |
| Venice | 3 | 30 | $425,000 | 3–17 |
| Mar Vista | 3 | 21 | $354,167 | 5–10 |
| Studio City | 3 | 51 | $322,857 | 5–39 |
| Tarzana | 3 | 266 | $229,661 | 30–118 |
| Winnetka | 3 | 90 | $250,000 | 12–52 |
The place facts on this page — founding dates, acreages, opening years, boundaries — were checked against these sources on 2026-08-27. The closing figures are computed from the group’s own transaction archive. Where two sources disagreed on a number, the claim is stated only to the level both support.
La Cañada Flintridge and La Crescenta-Montrose to the north; the Los Angeles neighborhoods of Atwater Village and Glassell Park to the south; Pasadena and Eagle Rock to the east; and Griffith Park and the city of Burbank to the west.
A separate incorporated city — not a Los Angeles neighborhood — of about 30.6 square miles and 196,543 residents at the 2020 census, roughly 6,450 people per square mile. It is one of the largest cities in Los Angeles County, and it runs its own planning, building and rental-housing rules.
The prewar stock is Spanish Colonial Revival and period revival, most of it single-family; the apartment inventory that trades is largely postwar garden and courtyard walk-ups from the 1950s to the 1970s, with 1980s product on the larger corridors and recent five-over-one construction downtown. Glendale runs its own building and seismic rules rather than Los Angeles City’s, so retrofit obligations on a specific building should be confirmed with the city directly rather than assumed from the LA ordinance.
Glendale is a separate city, so the Los Angeles HPOZ program does not apply here. The city administers its own historic preservation rules and its own register — the LA City answer is simply the wrong answer for a Glendale address, and the distinction is worth establishing before diligence rather than during it.
Across the 12 Glendale buildings in the Sterman Multifamily Group’s own closed record, the median is $258,854 per unit, on buildings ranging from 5 to 92 units. Price per door falls as buildings get larger, so the figure for a specific building depends on its size, vintage and in-place rents.
Glendale trades on regulatory predictability. No LA City RSO exposure, stable municipal framework, and a local operator buyer pool that has held inventory for generations. When LA City inventory reprices against RSO changes, Glendale doesn't move in lockstep — it's a different market.
Michael Sterman will walk through comparables, buyer pool, and timing specific to your building — no obligation, no pitch.
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