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630 Naranja Dr
630 Naranja Dr, Glendale, CA 91206
Available Now
39 views
1 / 5
FOR SALEMultifamily / Apartments Building
Cap Rate
4.7%
NOI
$92,867
Building Size
4,838SF
Parking Info
0.83/1000 SF
APN
5646-016-006
Lot Size
0.13Ac
Listing Contacts
More property details
Year Built
1929
Zoning
GLR4YY
Occupancy
100%
Currently Leased
No
Investment
Stabilized
Sale Type
Investment Sale
Broker Co-op
Yes
Property Class
C
No of Buildings
1
No of Stories
2
Units
4
Features & amenities
Unit Amenities
Air Conditioning
Hardwood Floors
Microwave
Kitchen
Washer/Dryer or Laundry Services
Dishwasher
Central Heating
Location Amenities
Public Transportation
Airport
Metro/Subway
Commuter Rail
Location
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630 Naranja Dr
About the location
The apartment building at 630 Naranja Dr presents a strong investment opportunity in the growing Glendale, CA real estate market. With its desirable location, consistent rental demand, and potential for long-term value appreciation, it appeals to both investors and owner-users looking for reliable income and future growth. This Spanish-style property features four spacious 2-bedroom, 1-bath units, each offering large bedrooms, expansive living rooms, and dedicated dining areas. All units are currently occupied by responsible tenants who pay on time. Recent upgrades include updated electrical meters, copper plumbing, fresh exterior paint, and a newly resurfaced backyard common area.
Location highlights
- Prime Location: The property is strategically located in Glendale, one of the most desirable cities in the Los Angeles metropolitan area.
- Transportation Access: The property offers excellent access to major highways, public transportation, and is within a short drive of DTLA .
- Detached 4 car garage could make for a great ADU play, buyer to verify.
- Strong Rental Demand: Glendale's housing market has shown consistent growth with high demand for rental units.
- Property sits on a corner lot and right across the street from Woodrow Wilson Middle school. (Great Exposure)