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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$3,249,000

Est. payment - /mo

9,983 Sqft Lot

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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!

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

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Listed by Mark Trueblood TRUMARK Real Estate Management mark@trumarkrem.com, DRE #00791349

NEARBY SCHOOL & BUSINESS

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337 Riverdale Glendale, CA 91204