Property Details
About this Property
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 transitioning t
MLS Listing Information
MLS #
CRGD24207862
MLS Source
California Regional MLS
Days on Site
42
Interior Features
Laundry
Community Facility
Cooling
Central Forced Air, Window/Wall Unit
Heating
Central Forced Air, Wall Furnace
Exterior Features
Roof
Flat, Shingle
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Storage - RV, Garage: 5 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 5 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
650 W Dryden St is a Residential Income in Glendale, CA 91202. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,299,000 and was built in 1964. This address can also be written as 650 W Dryden St, Glendale, CA 91202.
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This listing information is up-to-date as of October 18, 2024. For the most current information, please contact Sevan Baroni
