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421 RIVERDALE Drive, Glendale, CA 91204 (MLS # 17297650)

Price $5,498,000
Status Active
Beds 0
Baths 0 bath
Home size 7,570 sq ft
Lot Size 24,996 sqft
Days on Market 30
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 Type(s): Residential Income
Last Updated 12/21/2017 Year Built 1926
Community 628 - Glendale-South of 134 Fw County Los Angeles

Additional Details

APPLIANCES Refrigerator
AREA 628 - Glendale-South of 134 Fw
EXTERIOR Satellite Dish
GARAGE Garage - Single Door, Uncovered
LOT 0.57 acre(s)
STORIES 1
UTILITIES
ZONING GLR4YY

Location

 

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Listing provided by : Darin Spillman CalBRE:01366902, Hudson Commercial Partners, In

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 1/20/18 6:57 AM PST and /or other sources. 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

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