650 W Dryden Street
Glendale, CA 91202
- – beds
- – baths
- – sqft
- 6,454 sqft lot
- 1964 build
- – on site
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 them into new 12-month agreements. Located in a prime area with nearby schools, parks, and walkable amenities, 650 W. Dryden Street is a prime investment opportunity for those looking to maximize returns and ensure long-term growth. Don’t miss out on this rare opportunity! Do not walk on property. Subject to interior inspection.
Listed By CRMLS_CA / Sevan Baroni / NextHome Luxe Group / 818-441-1871
Last checked:
Checking…
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Last updated Dec 12, 2024
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MLS# GD24207862 —
The Building
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Year Built:1964
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:4986.00
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Building Area Units:Square Feet
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Total Number Of Units:5
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# of Buildings:1
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Roof:Flat, Mixed, Shingle
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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Faces:North
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# of Separate Gas Meters:6
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# of Separate Water Meters:1
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# of Separate Electric Meters:6
Interior
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Features:Balcony, Storage
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Levels:Two
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Entry Location:1
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Window Features:Double Pane Windows
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Fireplace:Yes
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Fireplace:Living Room
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Laundry:Common Area, Community
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Laundry:1
Location
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Directions:North of Glenaoks - Between Concord and Kenilworth
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Latitude:34.16066100
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Longitude:-118.27007400
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:GLR4YY
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Lot Features:0-1 Unit/Acre
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Lot Size Area:6454.0000
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Lot Size Acres:0.1482
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Lot Size SqFt:6454.00
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Lot Size Source:Assessor
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View:1
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View:Mountain(s)
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Fencing:Block
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Fence:Yes
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Property Attached:1
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Additional Parcels:No
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Other Structures:Storage
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:3012.06
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Tax Tract:6042
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Tax Lot:55
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5635008022
Heating & Cooling
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Heating:1
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Heating:Central, Wall Furnace
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Cooling:Yes
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Cooling:Central Air, Wall/Window Unit(s)
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Water Connected
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Sidewalks, Urban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking:Assigned, Built-In Storage
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Parking Spaces:5.00
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Garage Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/8/24
Oct 8, 2024
|
Listed / Active | CRMLS_CA | $2,299,000 |