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508 Hill Drive

Glendale, CA 91206

$2,900,000 Sale Price
Est. Payment: $ 0/mo
1
Bed
0
Bath
5,796 Sq. Ft.
$500 / Sq. Ft.
Sold

508 Hill Drive

Glendale, CA 91206

Sold
$2,900,000 Sale Price
$0/mo
1
Bed
0
Bath
5,796
Sq. Ft.
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.
PROPERTY INFORMATION
MLS # OC24060191 Lot Size 7,775 Sq. Ft.
HOA Fees $0/Monthly Property Type Apartment
Price $ 2,900,000
Price Per SqFt: $ 500
DOM 426 Days
Address 508 Hill Drive Type Residential Income
City Glendale Sq.Ft. 5,796 Sq. Ft.
Postal Code 91206 Garage N/A
County Los Angeles Year Built 1962
Bed / Bath 1 / 0 Parking N/A
Built In 1962 Status Closed
Sold Date 2024-07-01
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Common Area
EntryLocation Street
Entry Level 1
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $3,093
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
04/08/2024 Pending $2,900,000
04/02/2024 Active Under Contract $2,900,000
03/27/2024 Listed $2,900,000
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Listing provided courtesy of Liza Valayati, Valiant Multi-Family Group. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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