650 West Dryden Street
$2,299,000
9
6
4,986
4,986
$461
Description
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...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 Sevan Baroni • DRE #01804043 • Brokerage DRE #02030759 • NextHome Luxe Group • 818-441-1871
Property Details for 650 West Dryden Street
View
Mountain(s)
Parking Spaces Total5
Private PoolNo
Total Units5.0
Lot Size SourceAssessor
Property Attached YNtrue
Common Walls2+ Common Walls
New ConstructionNo
LISTING UPDATED: 12/12/2024 06:31 AM
Property Details for 650 West Dryden Street
Status | Active |
---|---|
MLS # | GD24207862 |
Days on Market | 9 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income / Combo - Res and Com |
Year Built | 1964 |
Lot Size | 0.15 AC / 6,454 SF |
County | Los Angeles County |
Building Information for 650 West Dryden Street
Stories2Residences-Year Built1964Lot Size0.15 AC / 6,454 SF
Property Information for 650 West Dryden Street
Property History for 650 West Dryden Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 650 West Dryden Street
Taxable ValueLand$491,580Additions$405,929Total$897,509
Tax Record2024$10,648 ($887 / month)
Home Facts
Total Finished SqFt4,986 SqFtAbove Grade Finished SqFt4,986 SqFtLot Size6,452 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningGLR4YYCountyLOS ANGELESAPN5635-008-022
Schools near 650 West Dryden Street
This home is within Glendale Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Balboa Elementary School PublicK to 6 | ||
Eleanor J. Toll Middle School Public6 to 8 | ||
Herbert Hoover High School Public9 to 12 | ||
Mark Keppel Elementary School PublicK to 5 |
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.
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