327 Riverdale Drive

Glendale, CA 91204

$4,850,000
Price
11
Beds
13
Baths
8,255 Sq. Ft.
$588 / Sq. Ft.
8,255
Sq. Ft.
$588
per Sq. Ft.

Description

This prime location Apartment Building is centrally located in Glendale, only minutes walking distance away from Glendale Galleria Mall, Americana Shopping Center and downtown Glendale. This property offers 3 buildings sitting on a large lot with a total of 14 units (13 units + 1 non conforming). However, there are city permits that may show the 14th non conforming unit as a legal unit (Buyers to verify with the city). The 14 units are accompanied by 14 parking spaces (single and tandem parking)....This prime location Apartment Building is centrally located in Glendale, only minutes walking distance away from Glendale Galleria Mall, Americana Shopping Center and downtown Glendale. This property offers 3 buildings sitting on a large lot with a total of 14 units (13 units + 1 non conforming). However, there are city permits that may show the 14th non conforming unit as a legal unit (Buyers to verify with the city). The 14 units are accompanied by 14 parking spaces (single and tandem parking). There is also a possibility of building ADUs.
  1. Listed by Steve Kwon • DRE #01453193 • Brokerage DRE #01444805 • Keller Williams Realty • 626-353-4557

Property Details for 327 Riverdale Drive

Parking Spaces Total
0
Private Pool
No
Total Units
14.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
8255
Assessor Parcel Number
5696-012-021
Property Attached YN
true
LISTING UPDATED: 12/12/2024 03:52 AM

Property Details for 327 Riverdale Drive

StatusActive
MLS #AR24182689
Days on Market59
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
CountyLos Angeles County

Building Information for 327 Riverdale Drive

Building/Complex327 Riverdale DrFloor-Stories2Residences-Pet Policy-Year Built1952Building Size-

Property Information for 327 Riverdale Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $306,204
  • Gross Scheduled Income: $313,200
  • Net Operating Income: $209,171
  • Cap Rate: 4.8
Expense Details
  • Operating Expense: $97,033
  • Fuel Expense: $3,940
  • Electric Expense: $6,854
  • Insurance Expense: $4,910
  • Professional Management Expense: $12,528
  • Trash Expense: $3,401
  • Water Sewer Expense: $0
  • Total Expenses: $97,033
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 3023.02
  • CFD/Mello-Roos Fee: $1,358
  • Tax Lot: 34
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Near Public Transit, Walkstreet
  • Number Of Units: 14
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,774
  • Unit Type Total Rent: $5,322
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,942
  • Unit Type Total Rent: $1,942
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,926
  • Unit Type Total Rent: $1,926
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 11
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,850
  • Unit Type Total Rent: $1,850
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,717
  • Unit Type Total Rent: $1,717
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,950
  • Unit Type Total Rent: $1,950
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,289
  • Unit Type Total Rent: $2,289
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 5
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,450
  • Unit Type Total Rent: $1,450
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 6
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,964
  • Unit Type Total Rent: $1,964
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 7
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,914
  • Unit Type Total Rent: $1,914
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 8
Unit 11
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,888
  • Unit Type Total Rent: $3,776
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 1

Property History for 327 Riverdale Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 327 Riverdale Drive

Taxable ValueLand$650,790Additions$530,274Total$1,181,064
Tax Record2024$14,181 ($1,182 / month)
Home Facts
Total Finished SqFt8,255 SqFtAbove Grade Finished SqFt8,255 SqFtLot Size15,772 SqFtStyleMulti-Family Res (5+ Units)Year Built1910ZoningGLR4YYCountyLOS ANGELESAPN5696-012-021

Schools near 327 Riverdale Drive

This home is within Glendale Unified School District.
Rating
School
Type
Grades
Distance
Cerritos Elementary School
Public - K to 6
Theodore Roosevelt Middle School
Public - 6 to 8
Herbert Hoover High School
Public - 9 to 12
Thomas Edison Elementary School
Public - K to 6
Rating
School
Distance
Cerritos Elementary School
PublicK to 6

Theodore Roosevelt Middle School
Public6 to 8

Herbert Hoover High School
Public9 to 12

Thomas Edison Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near South Glendale

Neighborhoods

Cities

ZIPs

More information about 327 Riverdale Drive, Glendale, CA 91204

327 Riverdale Drive is a multi-family home for sale in Glendale, CA 91204. This property was listed for sale on August 30, 2024 by Keller Williams Realty, it's currently listed at $4,850,000. This listing's school district is Glendale Unified School District. Nearby schools include Cerritos Elementary School, Theodore Roosevelt Middle School and Herbert Hoover High School. 327 Riverdale Drive is a 11-bed, 13-bath, 8,255 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Steve Kwon, DRE #01453193

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.