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Investment Highlights

  • In-Unit Laundry & Central AC
  • Prime Glendale- Walking Distance to Gelndae
  • 8 units fully remodeled in the last year,
  • Large Storage Rooms in Parking Lot
  • Townhouse Style Units
  • Roof Replaced in 2020

Executive Summary

Exceptional 20-unit apartment complex located in the heart of Glendale, within walking distance of The Americana at Brand. The property features twenty spacious two-bedroom, one-and-a-half-bath townhouse-style units, each equipped with in-unit laundry, central HVAC, and secure underground parking. Eight units have been fully remodeled within the past year, featuring new cabinetry, flooring, lighting, and appliances. The roof was replaced in 2020, ensuring low maintenance and long-term durability. In addition, the property offers large storage rooms located within the parking area, providing additional rental income potential and enhanced convenience for tenants.

Data Room Click Here to Access

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $12,382,380 CAD
Price Per Unit $619,119 CAD
Sale Type Investment
Cap Rate 4.75%
Gross Rent Multiplier 14.9
No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.34 AC
Building Size 20,204 SF
No. Stories 2
Year Built 1975
Parking Ratio 1.78/1,000 SF
Zoning GLR4*

Amenities

Site Amenities

  • Gated
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 20 $3,603 CAD 895
Very walkable
80/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
5696-012-020
Land Assessment
$5,332,678 CAD (2025)
Improvements Assessment
$4,490,677 CAD (2025)
Total Assessment
$9,823,355 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 38034258

  • Date on Market: 2025-10-10

  • Last Updated:

  • Address: 333 Riverdale Dr, Glendale, CA 91204

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