$2,730,000
$2,649,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
463 Riverdale DR Glendale, CA 91204
18 Beds
9 Baths
5,625 SqFt
Key Details
Sold Price $2,730,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,625 sqft
Price per Sqft $485
MLS Listing ID 23299115
Sold Date 09/18/23
Bedrooms 18
HOA Y/N No
Year Built 1922
Lot Size 0.484 Acres
Property Description
Unique 9 unit two bedroom detached bungalows in Glendale on a large 21,065 SF lot. The lot offers plenty of room to add 2 ADUs and Jr ADUs. Current rents are significantly under market at a very low $1,250 a month for 8 of the units totaling $120,000 a year. One of the units is vacant and needs a complete remodel after a recent fire. Rents in the area for a 2 bedroom unit can be $2,500 a month. With some work on the property current rents can potentially double. The property is South of Colorado Blvd near the Americana, Atwater Village & Downtown Los Angeles.
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Zoning GLR4YY
Interior
Heating Wall Furnace
Fireplace No
Exterior
Garage Uncovered
Parking Type Uncovered
Building
Story 1
Entry Level One
Architectural Style Bungalow
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5696010006
Financing Cash
Special Listing Condition Standard
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Bought with Jeff Curtis • Keller Williams Realty Hollywood Hills