Homes for sale - 650 W Dryden ST, Glendale, CA 91202

Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Sevan Baroni • NextHome Luxe Group

$1,949,000

Est. payment - /mo

6,454 Sqft Lot

Save

UPDATED:

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRGD24207862

Year Built 1964

Lot Size 6,454 Sqft

Source California Regional MLS

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. The extra large 350 SF laundry room can potentially be converted to an ADU, as there's another small storage room on-site to move the laundry into with some easy changes. 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 three tenants on month-to-month leases, the future owner has the opportunity to increase rents by up to 7% in Glendale by transitioning the

Location

State CA

County Los Angeles

Area 626 - Glendale-Northwest

Interior

Heating Wall Furnace , Central Forced Air

Cooling Central AC, Window / Wall Unit

Laundry Laundry Area, Community Facility

Exterior

Parking Features Storage - RV, Assigned Spaces

Garage Spaces 5.0

Pool 31, None

View Hills

Roof Type Flat / Low Pitch,Shingle

Building

Water District - Public

Others

Tax ID 5635008022

Special Listing Condition Not Applicable

Read Less Info

Get More Information

JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

Quick Search

650 W Dryden ST Glendale, CA 91202

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Get More Information