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332 Riverdale Dr 30 Unit Apartment Building $9,863,697 CAD ($328,790 CAD/Unit) 4.30% Cap Rate Glendale, CA 91204
Investment Highlights
- 4 Blocks to The Americana
- Upside Potential
Executive Summary
We are pleased to list this 16 (332 Riverdale Dr.) & 14 (336 Riverdale Dr.)unit apartment building built in 1963/1974 This property consists of great mix of (26) 1+1 and (4) 2+1.5 units with separate gas and electric meters. This property is located only 4 blocks from The Americana along with close proximity to Freeways, Parks, Shopping and Restaurants. 332 & 336 Riverdale Dr. can be sold together or seperately.
Property Facts
| Price | $9,863,697 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $328,790 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 4.30% | Building Size | 21,586 SF |
| Gross Rent Multiplier | 13.31 | Average Occupancy | 100% |
| No. Units | 30 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1.44/1,000 SF |
| Zoning | R4 | ||
| Price | $9,863,697 CAD |
| Price Per Unit | $328,790 CAD |
| Sale Type | Investment |
| Cap Rate | 4.30% |
| Gross Rent Multiplier | 13.31 |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 21,586 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | R4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 26 | $2,197 CAD | - |
| 2+1.5 | 4 | $2,269 CAD | - |
1 1
Very walkable
80/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5696-013-014 | Improvements Assessment | $1,605,191 CAD |
| Land Assessment | $1,991,161 CAD | Total Assessment | $3,596,352 CAD |
Property Taxes
Parcel Number
5696-013-014
Land Assessment
$1,991,161 CAD
Improvements Assessment
$1,605,191 CAD
Total Assessment
$3,596,352 CAD
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332 Riverdale Dr
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