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327 Riverdale Dr
Glendale, CA 91204
Multifamily Property For Sale
·
14 Units
Executive Summary
Please text or call Steve at 626-353-4557 for any questions pertaining to the property. As for the FINANCIAL ANALYSIS on the OM: 1. The cap rate of 4.8 is based on proforma rent increase as of Sept. 2025 (not proforma market of rent). 2. The operating expenses, electric, water and sewer is one bill. 3. Year built for all 3 buildings are different. Call agent for explanation or Buyer to verify with city. 4. Possibility to build minimum 2 ADUs, buyer must verify with city. 5. 13 units + 1 non conforming unit however there are permits dated and filed in the city that may show the 14th unit as a legal unit. 5. Buyer to cooperate with sellers 1031 exchange
PRICE IS NEGOTIABLE. Submit ALL offers. ALL OFFERS!
PRICE IS NEGOTIABLE. Submit ALL offers. ALL OFFERS!
Property Facts
| Price Per Unit | $346,429 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.36 AC |
| Cap Rate | 5% | Building Size | 8,255 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 1.7/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | GLR4YY | ||
| Price Per Unit | $346,429 |
| Sale Type | Investment |
| Cap Rate | 5% |
| Sale Condition | 1031 Exchange |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 8,255 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 1.7/1,000 SF |
| Zoning | GLR4YY |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
- Range
- Lawn
- Window Coverings
Site Amenities
- 24 Hour Access
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | - |
| 2+1 | 1 | - | - |
| Studios | 1 | - | - |
Property Taxes
| Parcel Number | 5696-012-021 | Improvements Assessment | $536,901 |
| Land Assessment | $663,805 | Total Assessment | $1,200,706 |
Property Taxes
Parcel Number
5696-012-021
Land Assessment
$663,805
Improvements Assessment
$536,901
Total Assessment
$1,200,706
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