Features
Price:
$2,649,000
MLS #:
23299115
Status:
Closed (Sep 18, 2023)
Baths:
0
Address:
463 Riverdale Drive
Type:
Residential Income
Neighborhood:
628 – Glendale-South of 134 Fwy
City:
Glendale
Listed Date:
Aug 8, 2023
State:
CA
ZIP:
91204
Lot Size:
21,065 sqft / 0.48 acres (approx)
Year Built:
1922
$2,649,000
463 Riverdale Drive
Glendale, CA, 91204
Schools
Interior Details
Heating
Wall Furnace
Exterior Info
Parking Features
Uncovered
Stories Total
1
Financial
Listing information
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.
Map
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463 Riverdale Drive
Glendale, CA
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