Michael Noel Anderson
BrokerInTrust - The Elite All-Broker Real Estate Network

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818-899-8989
 

333 Riverdale Glendale, CA 91204-

9,000,000

General Information
  • Status: Active
  • Type:Multi-Family
  • Bedrooms
  • Bathrooms
  • Square feet: 17,920
  • Lot size: 14,835
  • Year built: 1975
  • Mls# BB26229556
  • Days on Market: 11
  • Units: 20
  • Acres:
  • HOA Fees:
  • 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. The property is currently operating at a CAP rate of 5.10% and 13.91 GRM with significant rental upside. Twelve units have been fully remodeled within the past two years, featuring new cabinetry, flooring, lighting, and appliances. The roof and waterproofing were replaced in 2020/2026, as well as several AC's, windows ensuring low maintenance and long-term durability. The property also features twenty (20) approximately 100-square-foot storage rooms within the parking garage, providing supplemental rental income and a highly desirable amenity for residents. With its prime location, spacious townhouse-style layouts, substantial recent improvements, and additional income potential, 333 Riverdale Drive presents a compelling opportunity to acquire a well-maintained multifamily asset in one of Glendale's most desirable rental markets.
    Features
    • CentralAir Cooling
    • Central Heat
    • Source:CRMLS IDX
    • LA:David Nalbandyan
    • Co-LA:
    • Listing Updated:10/24/2026 10:02:42 AM
    • LO:LA Premier Realty,BH534521
    • Co-LO:
    • Database Updated:2026/11/05 00:44:04
    • SA:
    • SO:
    • Co-SA:
    • Co-SO:

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    Testimonials

    Mike Anderson is a Real Friend in the Real Estate industry. We hired him and Mike Anderson and his partner worked on sales tireles...
    - K. Wilson | Sylmar

    Location

    9440 Reseda Blvd., #200
    Northridge, CA 91324

    DRE# 01028629

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