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Listed by Cesar Carrillo • Coldwell Banker Realty
$3,380,000
Est. payment /mo
8,634 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,634 sqft
Price per Sqft $391
MLS Listing ID CRAR25249875
HOA Y/N No
Year Built 1947
Lot Size 9,925 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
Exceptional 15-unit multifamily property in a prime Glendale location. Unit mix includes 11 studios (1BA), 2 one-bedrooms (1BA), and 2 two-bedrooms (1BA & 2BA), appealing to a wide tenant base. Features include an on-site laundry room and several significant capital improvements, including a new roof replacement in 2025, complete balcony inspection and required repairs, and air conditioning in all units. Units 3 and 4 have been fully modernized with central air conditioning, enhancing tenant comfort and marketability. Ideally located near Downtown Glendale, The Americana at Brand, schools, major freeway access, and directly across the street from Pacific Community Park, this property offers excellent long-term growth potential. This is a rare opportunity to acquire a well-maintained, stabilized asset in a strong Glendale rental market. 1 parcel with two separate buildings and addresses - 520 S. Pacific Ave (3 Units) and 485 Riverdale Dr (12 units)
Location
State CA
County Los Angeles
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Laundry Room, Other
Building
Lot Description Corner Lot, Other
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