630 Naranja Dr - Apartments FOR SALE


Glendale, CA 91206- Woodbury
$1,995,000 USD
424-317-0308
630 Naranja Dr, Glendale, CA for Sale
$1,995,000 USD
Apartments - FOR SALE
1/14
null | 4.74% Cap Rate

630 Naranja Dr
Glendale, CA 91206
Woodbury


HIGHLIGHTS

  • Prime Location: The property is strategically located in Glendale, one of the most desirable cities in the Los Angeles metropolitan area
  • Strong Rental Demand: Glendale's housing market has shown consistent growth with high demand for rental units
  • Transportation Access: The property offers excellent access to major highways, public transportation, and is within a short drive of DTLA
  • Property sits on a corner lot and right across the street from Woodrow Wilson Middle school. (Great Exposure)
  • Detached 4 car garage could make for a great ADU play, buyer to verify

OVERVIEW

The 630 Naranja Dr Apartment Building is an excellent investment option in the thriving Glendale, CA real estate market. Its prime location, strong rental demand, and potential for value appreciation make it an attractive prospect for investors and owner-users alike seeking stable income and long-term growth. This 4 unit Spanish style building consists of four large 2+1 units with spacious bedrooms, very large living rooms and dining areas. All are currently occupied with very nice and on-time paying tenants. Improvements include updated electrical meters, copper plumbing, recent exterior paint and newly resurfaced back yard common area.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$412 USD /SF

# OF UNITS

4

PRICE/UNIT

$498,750

CAP RATE

4.74%

% 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

1929

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,820 SF

ZONING

GLR4YY

APN/PARCEL ID

5646-016-006

ASK ABOUT THIS PROPERTY

Rick RamirezAlly Commercial Real EstateMore Info
424-317-0308

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Rick RamirezAlly Commercial Real EstateMore Info
424-317-0308

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