630 Naranja Drive, Glendale, California 91206, Glendale, 91206 - bed, bath
ACTIVE$1,995,000
630 Naranja Drive, Glendale, California 91206
0Bed
0Bath
4,838Sqft
5,637Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Located in the desirable Glendale, CA, offering access to amenities, schools, and transportation.
Top Cons:
Year Built: Built in 1929, the property may require ongoing maintenance and potential upgrades due to its age.
Compared to the nearby listings
Price:$2.00M vs avg $1.47M (+$530,000)86%
Size:4,838 sqft vs avg 1,960 sqft86%
Price/sqft:$412 vs avg $68914%
More Insights
Built in 1929 (96 years old).
Condition: The property was built in 1929. The kitchens appear to have been updated with new cabinets, countertops, and flooring, but the appliances are older. The bathrooms are not shown in the images. The exterior appears to be in fair condition. Overall, the property seems to be aged but maintained with some updates.
Year Built
1929
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$412
HOA
-
Days on market
-
Sold On
-
MLS number
DW25025963
Home ConditionFair
Features
View-
About this home
The 630 Naranja Dr Apartment Building is an excellent investment option in the thriving Glendale, CA real estate market. Its prime location, strong rental demand, and potential for value appreciation make it an attractive prospect for investors and owner-user alike seeking stable income and long-term growth. This 4 unit building consists of four large 2+1 units. All are currently occupied with very nice and on-time paying tenants.
Condition Rating
Fair
The property was built in 1929. The kitchens appear to have been updated with new cabinets, countertops, and flooring, but the appliances are older. The bathrooms are not shown in the images. The exterior appears to be in fair condition. Overall, the property seems to be aged but maintained with some updates.
Pros & Cons
Pros
Prime Location: Located in the desirable Glendale, CA, offering access to amenities, schools, and transportation.
Strong Rental Demand: Glendale's thriving real estate market ensures consistent rental demand, providing stable income.
Value Appreciation Potential: The property offers potential for long-term value appreciation in a growing market.
Unit Size: Each of the four units are large 2-bedroom, 1-bathroom configurations, appealing to a broad tenant base.
Tenant Quality: Currently occupied with reliable, on-time paying tenants, minimizing immediate management concerns.
Cons
Year Built: Built in 1929, the property may require ongoing maintenance and potential upgrades due to its age.
Potential Renovation Costs: While currently occupied, the units may benefit from modernization to maximize rental income and property value.
Limited Unit Mix: All units are the same size and configuration, which may limit appeal to certain tenant demographics.