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$ 3,249,000
Est. payment /mo
New
337 Riverdale Glendale, CA 91204
9,983 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26153956
HOA Y/N No
Year Built 1963
Lot Size 9,983 Sqft
Property Sub-Type Apartment
Property Description
Discover an exceptional investment opportunity at 337 Riverdale Drive in the heart of Glendale. This well-maintained, 11-unit multifamily building offers a prime location and consistent rental income potential in one of the city's most sought-after neighborhoods.
Key Features:
- **11 Units**: A diverse mix of spacious 1 and 2-bedroom apartments, catering to a variety of tenants and maximizing occupancy potential.
- **Prime Location**: Situated in a vibrant, centrally located area of Glendale, residents will enjoy easy access to local shops, dining, public transportation, and top-rated schools. The property is also within minutes of major freeways, making commuting to surrounding areas a breeze.
- **Strong Rental Demand**: With a growing population and thriving community, Glendale continues to see strong rental demand. This property offers an attractive income stream, with room for potential rent increases in the future.
- **Well-Maintained Building**: The building is in great condition, with recent updates and thoughtful maintenance ensuring minimal immediate investment needs. It features spacious units, parking, and common areas that appeal to tenants.
- **Stable Income**: With fully leased units and consistent rental history, this multifamily building offers stability and strong cash flow for investors.
Whether you are an experienced investor looking to add a reliable asset to your portfolio or a newcomer seeking a prime rental property, 337 Riverdale is an opportunity not to be missed.
Contact us today to learn more!
Key Features:
- **11 Units**: A diverse mix of spacious 1 and 2-bedroom apartments, catering to a variety of tenants and maximizing occupancy potential.
- **Prime Location**: Situated in a vibrant, centrally located area of Glendale, residents will enjoy easy access to local shops, dining, public transportation, and top-rated schools. The property is also within minutes of major freeways, making commuting to surrounding areas a breeze.
- **Strong Rental Demand**: With a growing population and thriving community, Glendale continues to see strong rental demand. This property offers an attractive income stream, with room for potential rent increases in the future.
- **Well-Maintained Building**: The building is in great condition, with recent updates and thoughtful maintenance ensuring minimal immediate investment needs. It features spacious units, parking, and common areas that appeal to tenants.
- **Stable Income**: With fully leased units and consistent rental history, this multifamily building offers stability and strong cash flow for investors.
Whether you are an experienced investor looking to add a reliable asset to your portfolio or a newcomer seeking a prime rental property, 337 Riverdale is an opportunity not to be missed.
Contact us today to learn more!
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Street Lights
Total Parking Spaces 4
Private Pool No
Building
Lot Description 11-15 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5696012019
Energy Description 3850.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Mark Trueblood TRUMARK Real Estate Management mark@trumarkrem.com, DRE #00791349
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