Glendale, CA 91206,508 Hill Drive
Glendale, CA 91206,508 Hill Drive
Glendale, CA 91206,508 Hill Drive
4
$2,900,000
$2,900,000
Est.Price: ?

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1 BD
1 BA
7,775 Sqft Lot

508 Hill Drive Glendale, CA 91206

Est. payment /mo
SOLD DATE : 07/01/2024

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Key Details

Sold Price $2,900,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC24060191

Bedrooms 1

Lot Size 7,775 Sqft

Property Description

Rare opportunity in Glendale. Hill Drive is part of a 22 unit portfolio sale along side a 12 unit apartment building located at 824 E. Windsor Road in Glendale. An astute investor will have the opportunity to purchase 2 pride of ownership buildings in excellent locations. Hill Drive is an all one bedroom building with massive upside in rents. Windsor Road is a mix of one and two bedrooms with the majority being two bedrooms with upside in rents as well. Both will be on the market for the first time and offer assumable financing with Chase bank both in the 3 percent rate range offering buyers better cashflow. With ADU potential on Windsor Road, both buildings will be a perfect addition to any investors portfolio or a first time buyer.
Rare opportunity in Glendale. Hill Drive is part of a 22 unit portfolio sale along side a 12 unit apartment building located at 824 E. Windsor Road in Glendale. An astute investor will have the opportunity to purchase 2 pride of ownership buildings in excellent locations. Hill Drive is an all one bedroom building with massive upside in rents. Windsor Road is a mix of one and two bedrooms with the majority being two bedrooms with upside in rents as well. Both will be on the market for the first time and offer assumable financing with Chase bank both in the 3 percent rate range offering buyers better cashflow. With ADU potential on Windsor Road, both buildings will be a perfect addition to any investors portfolio or a first time buyer.

Location

State CA

County Los Angeles

Area Glendale (91206)

Zoning Assessor

Building

Lot Description Curbs

Story 2

Others

Monthly Total Fees $81

Acceptable Financing Cash

Space Rent $1,625

Listing Terms Cash

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San Diego Regional MLS (SDMLS)
Listed by Liza Valayati • Valiant Multi-Family Group
Bought with Liza Valayati • Valiant Multi-Family Group

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Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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