Home | Los Angeles County | Glendale | 91206 | 310 N Cedar St
MLS: CRP1-29331 | Status: | Price: $21,500,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 26,560 | 1972 |
Cedar Regency is an 80-unit apartment building at 310 N Cedar Street in central Glendale, a few blocks east of Glendale Avenue. Built in 1972, it measures 70,632 square feet on a 26,560 square foot lot zoned GLR4. The mix is sixty-nine one bedroom / one bathroom units and eleven two-bedroom / two bathroom units. Two elevators serve the building and two levels of parking hold 106 spaces. Heating and cooling are central, with the units located on the roof, and all electrical sub-panels have been updated. Stoves are electric and tenants pay only for electricity; the owner carries water, sewer, trash, and gas. The on-site laundry room operates without a lease, so that income accrues directly to ownership rather than to a third-party operator.Ten of the eighty units were vacant at the October 7, 2026 rent roll and can be reset at market immediately, with no tenant buyout required. In-place rents average $1,989 for one bedrooms and $2,350 for two bedrooms, below the Glendale lease comparable averages of $2,130 and$2,810. Pro-forma rents of $2,100 and $2,800 lift gross potential rental income from $1,957,496 to$2,108,400. Trailing-twelve operating expenses of $682,960 run 35.83% of effective gross income, or $8,537 per unit. At the listing price of $21,500,000, the in-place cap rate is
| Field | Value |
|---|---|
| MLS # | CRP1-29331 |
| MLS Source | California Regional MLS |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Kitchen | None |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Garage/Parking | Private / Exclusive, Garage: 106 Car(s) |
| HOA Fee | $0 |
Casey Picard
Keller Williams Realty
License #: 01921866
Phone: (626) 376-9224
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
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This listing information is up-to-date as of October 22, 2026. For the most current information, please contact Casey Picard, (626) 376-9224.