337 Riverdale, Glendale, CA 91204

$3,249,000

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List Agent Mark Trueblood () TRUMARK Real Estate Management; CoList ()

List Price
$3,249,000
Status
ACTIVE
MLS#
GD26153956
Year Built
1963
Lot Size
9,982
Lot Location
11-15 Units/Acre
Days on Market
486
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

Discover an exceptional investment opportunity at 337 Riverdale Drive 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!

Additional Information

Pool Description
None
Garage Spaces Total
4
Sewer
Public Sewer
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.