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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… • Last updated Oct 18, 2024 •

MLS# GD24207862 —

The Building

Year Built:

1964
Year Built Source:

Assessor
New Construction:

No
Roof:

Flat, Mixed, Shingle
Entry Level:

1
Common Walls:

2+ Common Walls
Faces:

North
Building Area Total:

4986.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

5
Stories Total:

2
# of Separate Gas Meters:

6
# of Separate Water Meters:

1
# of Separate Electric Meters:

6

Interior

Features:

Balcony, Storage
Levels:

Two
Entry Location:

1
Window Features:

Double Pane Windows
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Common Area, Community
Laundry:

1

Location

Directions:

North of Glenaoks - Between Concord and Kenilworth
Latitude:

34.16066100
Longitude:

-118.27007400

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

GLR4YY
Lot Features:

0-1 Unit/Acre
Lot Size Area:

6454.0000
Lot Size Acres:

0.1482
Lot Size SqFt:

6454.00
Lot Size Source:

Assessor
View:

1
View:

Mountain(s)
Fencing:

Block
Fence:

Yes
Property Attached:

1
Additional Parcels:

No
Other Structures:

Storage
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

3012.06
Tax Tract:

6042
Tax Lot:

55

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5635008022

Heating & Cooling

Heating:

1
Heating:

Central, Wall Furnace
Cooling:

Yes
Cooling:

Central Air, Wall/Window Unit(s)

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Sidewalks, Urban
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Assigned, Built-In Storage
Parking Spaces:

5.00
Garage Spaces:

5.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/8/24 Oct 8, 2024	Listed / Active	CRMLS_CA	$2,299,000

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This multifamily located in Glenwood, Glendale, CA 91202 is currently for sale for $2,299,000. 650 W Dryden Street is a – square foot multifamily with – beds and – baths that has been on Estately for 46 days. 650 W Dryden Street is in the Glenwood neighborhood of Glendale and has a WalkScore® of 86, making it very walkable. This multifamily is in the attendance area of Balboa Elementary School, Eleanor J. Toll Middle School, and Herbert Hoover Senior High School.

Listing Courtesy of: CRMLS_CA and NextHome Luxe Group. Based on information from California Regional Multiple Listing Service, Inc. as of 00:00 on Nov 23.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.