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463 Riverdale Dr

9 Unit Apartment Building $4,916,071 CAD ($546,230 CAD/Unit) Glendale, CA 91204

Executive Summary

9 units with stamped plans & paid permits for a complete remodel of each unit. This is a remodel value add and stabilization opportunity. There's enough space on the 21,072 SF lot at rear of property for 2 or more ADUs (Buyers to verify). All units are on grade bungalow style 2 bedrooms 1 bathroom layouts. Property has income. One of the units is vacant. Agreements are in place for 3 additional units to be relocated. The property is South of Colorado Blvd near the Americana, Atwater Village & Downtown Los Angeles.

Property Facts

Price $4,916,071 CAD
Price Per Unit $546,230 CAD
Sale Type Investment
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.48 AC
Building Size 5,616 SF
No. Stories 1
Year Built 1922
Parking Ratio 1.25/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 9 - -
Walk Score ®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5696-010-006
Land Assessment
$2,628,403 CAD
Improvements Assessment
$1,148,197 CAD
Total Assessment
$3,776,600 CAD

zoning

Zoning Code GLR4YY (residential zoning district for multiple-family residential units)
GLR4YY (residential zoning district for multiple-family residential units)
  • Listing ID: 33760129

  • Date on Market: 2024-11-05

  • Last Updated:

  • Address: 463 Riverdale Dr, Glendale, CA 91204

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