327 Riverdale Drive , Glendale, CA - 91204 is For Sale

  • AR24182689
  • AR24182689
  • AR24182689
  • AR24182689
  • AR24182689
  • AR24182689
  • AR24182689
  • AR24182689
  • AR24182689
$4,850,000· Income property

Description

This prime location Apartment Building is centrally located in Glendale, only minutes walking distance away from Glendale Galleria Mall, Americana Shopping Center and downtown Glendale. This property offers 3 buildings sitting on a large lot with a total of 14 units (13 units + 1 non conforming). However, there are city permits that may show the 14th non conforming unit as a legal unit (Buyers to verify with the city). The 14 units are accompanied by 14 parking spaces (single and tandem parking). There is also a possibility of building ADUs.

Features

MLS#: AR24182689
List Price : $4,850,000
Total Units : 14
CAP rate : $4.80
Net Operating Income : $209,171
Sq M : 1,460 M2
Year Built : 1952
Days on market : 13 Days
Gross taxes : N/A
Address : 327 Riverdale Drive
City : Glendale
State : CA
Zip Code : 91204
Neighborhood : N/A
Stories : 2
Laundry : Community
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $4,850,000
Acres : 0.3608
Lot Size (Acres) : 0.3608
Water : Public
Sewer : Public Sewer
Pool Desc : None
Driving Directions : west of S. Central Ave.
Lot Features : Near Public Transit, Walkstreet
 
Courtesy of : Steve Kwon , Keller Williams Realty

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