Bought with Levon Alexanian • Keller Williams World Media Center
$4,060,000
$4,150,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
457 W Dryden Street Glendale, CA 91202
9,539 SqFt
Key Details
Sold Price $4,060,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 9,539 sqft
Price per Sqft $425
MLS Listing ID CRSR20107402
Sold Date 09/17/20
HOA Y/N No
Year Built 1963
Lot Size 7,497 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
We are pleased to exclusively offer for sale Dryden Townhome Apartments, a complete turn-key multifamily asset in prime north Glendale. Offered at the best CAP rate in Glendale & Burbank of 4.8% and low 14.8 GRM. 457 W Dryden St is a (9) unit apartment building with (1) commercial space with full bathroom. The property consists of nine two bedrooms and one half bath townhouse style units which have all been completely remodeled with great attention to designer finishes. The penthouse unit offers an expansive view of the Verdugo mountains. The asset is fortunate to incorporate an onsite GYM, usually seen in larger-scale offerings. Other on-site amenities include individual private patios, laundry facility, ample parking extremely convenient walk-ability. On the bottom floor, there is a commercial space fully equipped with its own bathroom including shower. Commercial space can be used for office or retail. In addition to inheriting a fully stabilized and performing asset cash flowing from day 1, the modernization and capital expenditures invested will ensure ease of management and low vacancy. Dryden is in the famed "Rosmoyne" neighborhood of Glendale, a prime location highly desired by renter and owners.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Other
Building
Water Public
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
