333 Riverdale Dr - Apartments FOR SALE


Glendale, CA 91204- Pacific-Edison
$9,000,000 USD
855-525-7654
333 Riverdale Dr, Glendale, CA for Sale
$9,000,000 USD
Apartments - FOR SALE
1/22
null | 4.75% Cap Rate

333 Riverdale Dr
Glendale, CA 91204
Pacific-Edison


HIGHLIGHTS

  • In-Unit Laundry & Central AC
  • Large Storage Rooms in Parking Lot
  • Prime Glendale- Walking Distance to Gelndae
  • Townhouse Style Units
  • 8 units fully remodeled in the last year,
  • Roof Replaced in 2020

OVERVIEW

Exceptional 20-unit apartment complex located in the heart of Glendale, within walking distance of The Americana at Brand. The property features twenty spacious two-bedroom, one-and-a-half-bath townhouse-style units, each equipped with in-unit laundry, central HVAC, and secure underground parking. Eight units have been fully remodeled within the past year, featuring new cabinetry, flooring, lighting, and appliances. The roof was replaced in 2020, ensuring low maintenance and long-term durability. In addition, the property offers large storage rooms located within the parking area, providing additional rental income potential and enhanced convenience for tenants.

FOR SALE DETAILS

PRICE

$9,000,000 USD

PRICE/SF

$445 USD /SF

# OF UNITS

20

PRICE/UNIT

$450,000

CAP RATE

4.75%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,998 SF

ZONING

GLR4*

APN/PARCEL ID

5696-012-020

ASK ABOUT THIS PROPERTY

David NalbandyanLA Premier RealtyMore Info
855-525-7654

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David NalbandyanLA Premier RealtyMore Info
855-525-7654

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