463 Riverdale Drive
Glendale, CA 91204

  • – beds
  • – baths
  • – sqft
  • ~1/2 acre lot
  • 1922 build
  • on site

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Unique 9 unit two bedroom detached bungalows in Glendale on a large 21,065 SF lot. The lot offers plenty of room to add 2 ADUs and Jr ADUs. Current rents are significantly under market at a very low $1,250 a month for 8 of the units totaling $120,000 a year. One of the units is vacant and needs a complete remodel after a recent fire. Rents in the area for a 2 bedroom unit can be $2,500 a month. With some work on the property current rents can potentially double. The property is South of Colorado Blvd near the Americana, Atwater Village & Downtown Los Angeles.

California Regional MLS logo Listed By CRMLS_CA / Aram Gaboudian / Keller Williams Downtown LA

Last checked: Checking… • Last updated Sep 18, 2023 •

MLS# 23299115 —

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Sale history

Date Event Source Price % Change
9/18/23
Sold CRMLS_CA $2,730,000 3.1%
9/12/23
Pending CRMLS_CA $2,649,000
8/8/23
Listed / Active CRMLS_CA $2,649,000

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Multifamily Sold on 9/18/2023

$2,730,000

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Listing provided by broker:

Aram Gaboudian

Keller Williams Downtown LA

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Keller Williams Downtown LA. Based on information from California Regional Multiple Listing Service, Inc. as of 10:16 on May 08.

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