221 W Dryden St
Glendale, CA 91202 (Verdugo Viejo)
Contact For Estimate

221 W Dryden St
Glendale, CA 91202

(Verdugo Viejo)
  • 12 baths
  • 10,672 sqft
  • 0.38 acres lot size
  • Multi-Family
Off Market · Public Record
Contact For Estimate
221 W Dryden St
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    1 Middle School

    1 High School

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    18 Grocery stores

    26 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Multi-Family
  • 12 Baths
  • Built in 1927
  • 0.38 acres lot size
  • 10,672 sqft
Description

This property is no longer available to rent or buy. This description is from December 15, 2016
12 apartment units on 2 of 3 adjacent R-1250* zoned lots, the 3rd lot being vacant valued $1,000,000, with alley access, totaling 24,722* SF in prime North Central (above Glenoaks Blvd.) none rent control city. With 150* ft. frontage current city ordinance allows 1 dwelling unit per 1,000* SF of land providing the possibility of developing 24* Condos/Apartments units on the 3 lots. Opportunities are; (i) hold the 12 x 2 bdrms 1 bath units (8 x TH style & 4 x one level with individual Water Heaters & W/D Hookups) and sell or develop 6 uts on the vacant lot, or (ii) enjoy the existing income to later develop 24* units on all 3 lots. The 5 buildings existing 12 units being 10,672* SF (built in 1927*) are on 16,496* SF double lots are at 221-223 W. Dryden St. and the 3rd vacant parcels of 8,266* SF at 227 W. Dryden St. The current monthly rents range from $1,100 to $1,445 per unit, all on month-to-month bases, are significantly low. The location is affluent rental part of the city, market monthly rent for similar units in the area range between $1,650 to $1,750. See I/E details on the attached OM. MUST NOT ENTER PROPERTY OR CONTACT TENANTS, DRIVE BY ONLY PLEASE. *obtained from Los Angeles County Recorder records, city of Glendale.

Price History
Date
Price
Event

07/10/2017
$2,850,000
Sold
Recording Date
07/10/2017
Contract Date
06/14/2017
Sale Price
$2,850,000
Price Type
Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
County Transfer Tax
$3,135
Total Transfer Tax
N/A
Transaction Type
Insured Non-Residential Grant Deed
Document Type
N/A

Property Taxes and Assessment
Year
2017
Tax
$3,549.80
Assessments
$217,971
Land
$109,618
Improvements
$108,353
Total
$217,971
Market Value
N/A

Affordability
Additional Costs

Price Trends
Real Estate Trends
Average Listing Price for 91202
$868,826
Median Sale Price for 91202
$680,000
Average Sale price/sqft for 91202
$467/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
5.97
Multi-Family
$1,384,000
10/31/17
5
3
2,060
5.59
Multi-Family
$1,285,000
10/23/17
3
3
1,576
4.73
Multi-Family
$705,000
11/09/17
4
2
1,560
5.85
Multi-Family
$660,000
10/24/17
4
2
1,906
2.94
Multi-Family
$715,000
10/25/17
3
2
1,412
4.41
Multi-Family
$850,000
11/03/17
5
3
1,868
4.69
Multi-Family
$1,582,500
10/18/17
4
5
2,612
5.89
Multi-Family
$785,000
11/01/17
2
2
2,068
0.91
Multi-Family
$1,030,000
10/24/17
5
4
2,141
3.55
Multi-Family
$560,000
10/25/17
6
3
2,085

Contact Info


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