The commercial real estate market in Glendale, CA, is thriving, with many properties offering promising returns for investors. One such opportunity is located at 124 W Colorado St, a prime property in the heart of Glendale's bustling downtown area. With its strategic location, high foot traffic, and dynamic growth prospects, this property represents a solid investment for those looking to capitalize on the commercial real estate market in Glendale, CA.
Property Overview
124 W Colorado St is a 50-unit luxury apartment building offering spacious, high-end living spaces designed to appeal to Glendale’s growing population of professionals, young families, and individuals seeking premium housing options. The complex features a range of unit sizes, including one-, two-, three-, and four-bedroom floorplans with upscale finishes, contemporary designs, and state-of-the-art appliances. The building’s amenities further enhance its appeal, providing residents with luxury living that is both comfortable and convenient.
Each unit is designed with open floor plans and large windows that allow natural light. Additionally, many units have private balconies that offer stunning views of the city. High-end materials and finishes, including wood floors, stainless steel appliances, and modern fixtures, make these units attractive to tenants looking for premium accommodations in a prime location. For investors, 124 W Colorado St presents an opportunity to generate steady rental income from high-demand luxury apartments in Glendale, CA.
Strategic Location in Downtown Glendale, CA
One of the greatest assets of 124 W Colorado St is its location in downtown Glendale, a neighborhood known for its bustling business scene, top-tier shopping, and dining establishments. Residents of this luxury complex enjoy walkable access to Glendale’s most desirable attractions, including The Americana at Brand and Glendale Galleria. This prime location makes the complex highly desirable for tenants who prioritize lifestyle, convenience, and accessibility.
In addition to its proximity to shopping and entertainment, 124 W Colorado St is well-connected to public transportation, making commutes to downtown Los Angeles and surrounding areas easy for residents. The building is also located near major freeways, enhancing accessibility to key employment hubs across the Los Angeles metropolitan area. This strategic positioning increases the property’s rental demand, offering investors a stable tenant pool and the potential for long-term leasing success.
Luxury Amenities and Modern Design
124 W Colorado St offers residents a luxury lifestyle, with building amenities that appeal to those seeking a comfortable, upscale living experience. The complex includes a well-appointed fitness center, an open-air courtyard on the main floor, and a secure parking garage. For those who enjoy outdoor living, the fully-equipped community lounge room serves as a space for relaxation and social gatherings, enhancing the appeal of the complex for tenants.
Each unit has high-end appliances, in-unit laundry facilities, and modern kitchens and bathrooms, featuring sleek finishes that match the building’s contemporary design. Tenants can enjoy the benefits of smart home technology, with keyless entry systems and smart thermostats integrated into each unit. The attention to detail in the units and common areas ensures that 124 W Colorado St competes with the best luxury residential offerings in Glendale, CA, real estate.
Investment Opportunity in Glendale’s Growing Residential Market
Glendale, CA is one of the fastest-growing residential markets in Los Angeles County, making it a key area for real estate investment. As more residents move into the area, the demand for luxury housing continues to grow, particularly in well-located complexes like 124 W Colorado St.
For investors, the property offers an opportunity to benefit from consistent rental income, as high-end rental properties in Glendale tend to experience low vacancy rates. Additionally, Glendale’s strong market fundamentals, including population growth and high demand for quality housing, mean that properties like 124 W Colorado St are likely to appreciate over time, increasing the overall return on investment.
Furthermore, luxury apartment buildings in urban areas like Glendale typically attract long-term tenants who value the property's location and lifestyle. This ensures stable cash flow and minimizes the risks associated with frequent tenant turnover.
Key Takeaways for Investors
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Prime Location: 124 W Colorado St is located in the heart of downtown Glendale, a rapidly developing urban center with high demand for luxury living spaces.
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Luxury Amenities: The building offers premium amenities, including a rooftop lounge, fitness center, and smart home technologies, making it highly attractive to tenants seeking upscale, modern living.
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Stable Rental Income: The high demand for luxury apartments in Glendale ensures a low vacancy rate, providing investors with reliable rental income.
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Growth Potential: Glendale’s growing population and continued urban development indicate strong long-term appreciation potential for properties like 124 W Colorado St.
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Sustainability: Energy-efficient design features reduce operating costs, contributing to higher net income and aligning with market trends favoring environmentally conscious living options.
About Hameline Global
Hameline Global is a leading real estate firm in Los Angeles, known for its expertise in real estate strategy, including wealth-building through property investments and luxury concierge services. The company’s clients benefit from top-tier connections and the best services the market has to offer.
Hameline Global prides itself on having the experience and market knowledge necessary to navigate the complexities of buying and selling real estate. By focusing on creativity and attention to detail, the firm ensures that its clients are well-supported throughout every stage of the transaction.
Led by Silva Hameline, the CEO and Founder, the team at Hameline Global provides each client with a personalized experience. Silva is dedicated to helping her clients build wealth through real estate, leveraging her expertise and unwavering commitment to their best interests during negotiations.
If you're ready to explore investment opportunities in Glendale, CA, or have inquiries regarding 124 W Colorado St, contact Hameline Global today for expert advice and personalized assistance.
*Header image courtesy of Hameline Global
