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$3,380,000
Est. payment /mo
9,925 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25249875
Lot Size 9,925 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional 15-unit multifamily property in a prime Glendale location. Unit mix includes 11 studios (1BA), 2 one-bedrooms (1BA), and 2 two-bedrooms (1BA & 2BA), appealing to a wide tenant base. Features include an on-site laundry room and several significant capital improvements, including a new roof replacement in 2025, complete balcony inspection and required repairs, and air conditioning in all units. Units 3 and 4 have been fully modernized with central air conditioning, enhancing tenant comfort and marketability. Ideally located near Downtown Glendale, The Americana at Brand, schools, major freeway access, and directly across the street from Pacific Community Park, this property offers excellent long-term growth potential. This is a rare opportunity to acquire a well-maintained, stabilized asset in a strong Glendale rental market. 1 parcel with two separate buildings and addresses - 520 S. Pacific Ave (3 Units) and 485 Riverdale Dr (12 units)
Location
State CA
County Los Angeles
Zoning Public Rec
Direction North East Corner building / Riverdale Dr & Pacific Ave
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5696010003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Cesar Carrillo Coldwell Banker Realty