337 Riverdale, Glendale, CA 91204

$3,249,000
6
BD
6
BA

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List Price
$3,249,000
Status
ACTIVE
Days on Market
29
MLS#
GD26153956
Subtype
Residential Income
Bedrooms
6
Bathrooms
6
Lot Size
9,982
Acres
0.23

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! 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

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mark Trueblood () from Listing Office: TRUMARK Real Estate Management.

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