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 t
MLS #
CRGD24207862
MLS Source
California Regional MLS
Days on Site
76
Laundry
Community Facility
Cooling
Central Forced Air, Window/Wall Unit
Heating
Central Forced Air, Wall Furnace
Roof
Flat, Shingle
Garage/Parking
Assigned Spaces, Storage - RV, Garage: 5 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 5 | – |
650 W Dryden St is a Residential Income in Glendale, CA 91202. This – square foot property sits on a 6,454 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,299,000 and was built in 1964.
This address can also be written as 650 W Dryden St, Glendale, CA 91202.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of December 19, 2024. For the most current information, please contact Sevan Baroni