415-417 Riverdale Dr - Apartments FOR SALE


Glendale, CA 91204- Pacific-Edison
$3,500,000 USD
818-549-9000
415-417 Riverdale Dr, Glendale, CA for Sale
$3,500,000 USD
Apartments - FOR SALE
1/13
null | 5.72% Cap Rate

415-417 Riverdale Dr
Glendale, CA 91204
Pacific-Edison


HIGHLIGHTS

  • 12 Units Large Lot All Bunglow Style
  • Good cash Flow rarlel becomes vacant
  • Trust Sale

OVERVIEW

Welcome to 415-417 Riverdale Road, Glendale California. 12 Units bungalow style apartment building situated on a large lot. You can find old California bungalow style charm with hardwood floors (some has been changed) and with little of imagination majority of the units can have private patios in front of their doorsteps. There are 2 Two Bedrooms with 1 bath, 10 One bedroom with 1 Bath. Built in 1923. With excellent rental values. The property is located in South Glendale near Americana on Bran and Glendale Galleria. Close to schools and transportation. It is a trust sale and property will be sold in its present condition. Submit offers by 3.19.2025 with source of fund. There will be a hosted open house for interested Buyers who made offer on Saturday March 15,2025 1 PM to 4 PM in order to walk through the property and see some of the units. All offers are due on Tuesday March 18, 2025 at 5 PM

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$425 USD /SF

# OF UNITS

12

PRICE/UNIT

$291,667

CAP RATE

5.72%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

GLR4YY

APN/PARCEL ID

5696-010-015

ASK ABOUT THIS PROPERTY

Arthur MangassarianRE/MAX CommercialMore Info
818-549-9000

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

Arthur MangassarianRE/MAX CommercialMore Info
818-549-9000

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