508 Hill Drive, Glendale, California 91206
  • $2,900,000

Overview

Property ID: OC24060191
  • Apartment, Residential Income
  • Property Type
  • 5796 Sqft
  • Area Size
  • 1962
  • Year Built

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.

  • Address: 508 Hill Drive
  • City: Glendale
  • State/county: CA
  • Zip/Postal Code: 91206
  • Country: US

Details

Updated on July 2, 2024 at 5:14 pm
  • Property ID OC24060191
  • Price $2,900,000
  • Property Size 5796 Sqft
  • Land Area 0.1785 Acres
  • Year Built 1962
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
  • Sewer Unknown
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Curbs

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