$2,900,000
$2,900,000
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508 Hill DR Glendale, CA 91206
7,775 Sqft Lot
Key Details
Sold Price $2,900,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24060191
Sold Date 07/01/24
HOA Y/N No
Year Built 1962
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.
Location
State CA
County Los Angeles
Area 624 - Glendale-Chevy Chase/E. Glenoaks
Zoning GLR4*
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Curbs
Private Pool No
Building
Lot Description Landscaped
Story 2
Entry Level Two
Sewer Unknown
Water Other
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5665021008
Energy Description 3730.0
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Financing Assumed
Special Listing Condition Standard
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Bought with Liza Valayati • Valiant Multi-Family Group