336 E Dryden St - Apartments FOR SALE


Glendale, CA 91207- Rossmoyne
$3,300,000 USD
818-224-7949
336 E Dryden St, Glendale, CA for Sale
$3,300,000 USD
Apartments - FOR SALE
1/7
null | 5.4% Cap Rate

336 E Dryden St
Glendale, CA 91207
Rossmoyne


HIGHLIGHTS

  • 5.4% in the best Zip in Glendale
  • First time on market
  • New roof, copper plumbing, new sewer line
  • Walk to Trader Joe's, Coffee Bean, Walgreens & more

OVERVIEW

The Alexanian Apartment Advisors are proud to present this rare 8-unit multifamily investment opportunity, offered for the first time ever in one of Glendale’s most desirable rental pockets. Situated in the prestigious 91207 zip code, between Brand Blvd and Louise Street, this well-maintained property has been held by the same family for decades and shows pride of ownership throughout. Offered at a current cap rate of 5.4%, this is a unique chance to acquire a high-performing asset with strong in-place cash flow in a premium location. Recent capital improvements include: * New roof * Copper plumbing * Dual-pane windows * New sewer line * Select units tastefully remodeled * Numerous upgrades over the years The unit mix features an ideal configuration of seven (7) 2-bed/1-bath units and one (1) 1-bed/1-bath unit. Amenities include ample on-site parking, individual water heaters, and a common area laundry room, enhancing both tenant convenience and long-term operational efficiency. Tenants enjoy exceptional walkability, with Trader Joe’s, Coffee Bean, Walgreens, and a variety of shops, cafes, and restaurants just a short stroll away. ** Contact Greg Alexanian for further details or offering memorandum **

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$346 USD /SF

# OF UNITS

8

PRICE/UNIT

$412,500

CAP RATE

5.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dryden Crest | Best location in Glendale

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,878 SF

ZONING

GLR4YY

APN/PARCEL ID

5644-010-022

ASK ABOUT THIS PROPERTY

Levon AlexanianAlexanian Apartment AdvisorsMore Info
818-224-7949

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Levon AlexanianAlexanian Apartment AdvisorsMore Info
818-224-7949

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