Glendale, CA 91206,508 Hill DR
Glendale, CA 91206,508 Hill DR
Glendale, CA 91206,508 Hill DR
Glendale, CA 91206,508 Hill DR
Glendale, CA 91206,508 Hill DR
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$2,900,000

$2,900,000

Est.Price: ?

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Est. payment /mo

7,775 Sqft Lot


SOLD DATE : 07/01/2024

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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California Regional MLS (CRMLS)
Listed by Liza Valayati • Valiant Multi-Family Group • 714-357-4148
Bought with Liza Valayati • Valiant Multi-Family Group
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