$2,299,000
650 W Dryden Street Glendale, CA 91202
Save Share
Schedule a Tour
8
See all 8 photos
$2,299,000
Est. payment /mo
4,986 SqFt
Active
650 W Dryden Street Glendale, CA 91202
UPDATED:
10/18/2024 06:42 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,986 sqft
Price per Sqft $461
MLS Listing ID CRGD24207862
HOA Y/N No
Year Built 1964
Lot Size 6,454 Sqft
Acres 0.15
Property Description
Welcome to 650 W. Dryden Street in Glendale—an exceptional investment opportunity! This five-unit multifamily property offers a perfect blend of comfort and convenience, generating an annual gross income of $118,200, with minimal expenses. Located above Glenoaks Boulevard in one of Glendale’s most sought-after neighborhoods, it’s just minutes from Toll Middle School, Hoover High School, and Pelanconi Park. This property features spacious units with an ideal unit mix, designed to appeal to a variety of tenants, making it a highly desirable rental option. The unit mix includes larger 1- and 2-bedroom units, along with a fantastic 1,500+ s/f 3-bedroom unit, perfect as a potential owner’s unit. Tenants love the proximity to popular local spots like Moto Sushi, Starbucks, Paris Baguette, Mission Wine and Spirits, and Big Square Market, ensuring high demand year-round. The property has been well-maintained with a roof replaced 7 years ago, copper plumbing, and separate gas and electricity meters, keeping costs low for the owner. It also offers five parking spaces, a large common area laundry, and a spacious storage room for added income potential. With all tenants on month-to-month leases, the future owner has the opportunity to increase rents by up to 7% in Glendale by transit
Location
State CA
County Los Angeles
Area Listing
Zoning GLR4
Interior
Heating Wall Furnace, Other
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Laundry Community Facility, Other
Exterior
View Y/N true
View Mountain(s)
Parking Type Assigned, Other
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5635008022
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Sevan Baroni • NextHome Luxe Group
GET MORE INFORMATION
