337 Riverdale Dr - Apartments FOR SALE


Glendale, CA 91204- Pacific-Edison
$3,495,000 USD
818-522-9524
337 Riverdale Dr, Glendale, CA for Sale
$3,495,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

337 Riverdale Dr
Glendale, CA 91204
Pacific-Edison


OVERVIEW

**For Sale: 337 Riverdale, Glendale - Prime 11-Unit Multifamily Building** Discover an exceptional investment opportunity at 337 Riverdale 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!

FOR SALE DETAILS

PRICE

$3,495,000 USD

PRICE/SF

$419 USD /SF

# OF UNITS

11

PRICE/UNIT

$317,727

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,997 SF

ZONING

R4

APN/PARCEL ID

5696-012-019

ASK ABOUT THIS PROPERTY

Mark TruebloodTrumarkMore Info
818-522-9524

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Mark TruebloodTrumarkMore Info
818-522-9524

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.