421 RIVERDALE Drive
Glendale, CA 91204

$5,498,000

Beds: 16
Baths: 16
Number of Units: 16
Type: Multi-Unit Residential
Listing #17297650
For several years, current management has been operating theasset as short term furnished rentals with all utilities included, commanding monthly rents averaging over $2,300 per unit in the last 12 months (including vacancy factor), with all utilities included. There is significant additional revenue from parking and garage income. Roughly 89% of rentals in the past twelve months have consisted of month-to-month tenancies, as management has gradually transitioned to 30-day minimum executive stays. parking income, with all utilities except water paid by tenants.Units are separately metered for gas and electricity and haveindividual water heaters.0 per unit in the last 12 months (including vacancy factor), with all utilities included. Th
Property Features
Location Information
County: Los Angeles
MLS Area: Glendale-South of 134 Fwy
Latitude: 34.13917
Longitude: -118.26188
Interior Features
Interior: Other
Number of Bedrooms: 16
Number of Full Bathrooms: 16
Heating Fuel: Natural Gas
Cooling: Wall Unit(s), Ceiling Fan(s)
Appliances: Refrigerator, Range
Unit 1 Features: Bedrooms: 1; Bathrooms: 1
Total Number of Units: 16
Exterior Features
Parking Description: Garage - Single Door
Has Garage: yes
Parking Spaces: 21
Lot Size in Acres: 0
Lot Size in Sq. Ft.: 24, 997
Zoning: GLR4YY
Additional Information
Property Type: RI
Property SubType: Apartment Building
Year Built: 1926
Tax Parcel Number: 5696010014
Status: Active
Units in Complex: 16


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
 % 
Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of Darin Spillman
CA BRE #01366902 - Hudson Commercial Partners, Inc.
©2018 CARETS®. All rights reserved.
Based on information from CRISNet MLS and/or CARETS as of the date and time shown below. The information being provided by CRISNet MLS and/or CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.