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650 W Dryden Street Glendale, CA 91202
$1,999,999 0 beds, 0 baths
0 sqft
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Agent Remarks

Welcome to 650 W. Dryden Street in Glendale—an exceptional investment opportunity! This five-unit multifamily property offers a perfect blend of comfort and convenience, generating an annual gross income of $118,200 with minimal expenses. Located above Glenoaks Boulevard in one of Glendale’s most sought-after neighborhoods, it’s just minutes from Toll Middle School, Hoover High School, and Pelanconi Park. This property features spacious units with an ideal unit mix, designed to appeal to a variety of tenants, making it a highly desirable rental option. The unit mix includes larger 1- and 2-bedroom units, along with a fantastic 1,500+ s/f 3-bedroom unit, perfect as a potential owner’s unit. The extra large 350 SF laundry room can potentially be converted to an ADU, as there’s another small storage room on-site to move the laundry into with some easy changes. The property has been well-maintained with a roof replaced 7 years ago, copper plumbing, and separate gas and electricity meters, keeping costs low for the owner. It also offers five parking spaces, a large common area laundry, and a spacious storage room for added income potential. With three tenants on month-to-month leases, the future owner has the opportunity to increase rents by up to 7% in Glendale by transitioning them into new 12-month agreements. Located in a prime area with nearby schools, parks, and walkable amenities, 650 W. Dryden Street is a prime investment opportunity for those looking to maximize returns and ensure long-term growth. Tenants love the proximity to popular local spots like Moto Sushi, Starbucks, Paris Baguette, Mission Wine and Spirits, and Big Square Market, ensuring high demand year-round. Don’t miss out on this rare opportunity! Do not walk on property. Subject to interior inspection.

Listing Details

Property type: Mixed Use (Multi-Family)
Status: Active
MLS# GD24207862
List price is $1,999,999 Reduced by $200,001 on 4/7/2025
HOA Fee is $0.00
Beds: 0
Baths: 0
Living Room fireplaces
Built in 1964
2 stories
0.15 acres
Lot size: 0.1482
County: Los Angeles
Zoning: GLR4YY
Interior features: Balcony,Storage
Parking description: Assigned,Storage
Lot description: ZeroToOneUnitAcre
Heating/cooling: Central Air,Wall/Window Unit(s)
Heating description: Central,Wall Furnace
MLS area: 626 - Glendale-Northwest

Last Updated: 4/7/2025

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This listing belongs to the 626 - Glendale-Northwest MLS area

Lat/Long: 34.160661, -118.270074.
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Listing Agent: Sevan Baroni
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Lic#: 01276603

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18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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