Property listed by TRUMARK Real Estate Management, Mark Trueblood [email protected]
$3,249,000
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… Read More 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! Read Less
Listing Snapshot
Days Online
7
Last Updated
Property Type
Apartment
Lot Size
0.23 Acres
Year Built
1963
MLS Number
GD26153956
Additional Details
Building
Built in 1963, 1 building, 2 stories, Entry level: 1, Entry location: ground
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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