Seller's Agent in 2021
Armin Soleimani
Global Platinum Properties, Inc.
(310) 666-2246
1 in this area
64 Total Sales
343 Riverdale Dr Glendale, CA 91204
Pacific-Edison Neighborhood
12
Beds
12
Baths
7,897
Sq Ft
10,224
Sq Ft Lot
About This Home
As of May 2021Large 7,897 SF value add 9-unit building in prime Glendale priced at only 332k/door and 379/SF. This property cash flows day one at 4% Cap Rate and 16.7 GRM with almost 30% upside to 6% Cap Rate and 12.8 GRM on the proforma. Delivered with 3 vacant units for immediate upside and renovations. Excellent Glendale location walking distance to The Americana & Glendale Galleria. Individually metered for Gas & Electricity. Brand New Roof.
Last Agent to Sell the Property
Global Platinum Properties, Inc. License #01846872 Listed on: 02/25/2021
Last Buyer's Agent
Edvin Niazi
License #01306133
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 10,224
Home Design
- 7,897 Sq Ft Home
Kitchen
- Oven or Range
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Bathrooms
Parking
- 8 Parking Spaces
- Covered Parking
- Assigned Parking
Additional Features
- 10,224 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 9 Units
- Rent Control
Listing and Financial Details
- Assessor Parcel Number 5696-012-018
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/14/2021 05/14/21 | Sold | $2,980,000 | -0.5% | $377 / Sq Ft | |
| 02/25/2021 02/25/21 | For Sale | $2,995,000 | +42.6% | $379 / Sq Ft | |
| 12/01/2020 12/01/20 | Sold | $2,100,000 | -8.7% | $266 / Sq Ft | View Prior Sale |
| 11/18/2020 11/18/20 | Pending | -- | -- | -- | |
| 11/17/2020 11/17/20 | For Sale | $2,300,000 | 0.0% | $291 / Sq Ft | |
| 10/30/2020 10/30/20 | Pending | -- | -- | -- | |
| 10/28/2020 10/28/20 | For Sale | $2,300,000 | -- | $291 / Sq Ft |
Source: The MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $35,796 | $3,203,996 | $2,273,106 | $930,890 |
| 2024 | $35,399 | $3,141,174 | $2,228,536 | $912,638 |
| 2023 | $34,604 | $3,079,584 | $2,184,840 | $894,744 |
| 2022 | $34,017 | $3,019,200 | $2,142,000 | $877,200 |
| 2021 | $33,863 | $3,000,000 | $1,200,000 | $1,800,000 |
| 2020 | $3,732 | $235,448 | $56,018 | $179,430 |
| 2019 | $3,669 | $230,887 | $54,920 | $175,967 |
| 2018 | $3,419 | $226,416 | $53,844 | $172,572 |
| 2016 | $3,146 | $214,935 | $51,754 | $163,181 |
| 2015 | $3,098 | $211,707 | $50,977 | $160,730 |
| 2014 | $3,142 | $207,561 | $49,979 | $157,582 |
Source: Public Records
Agents Affiliated with this Home
-
Armin Soleimani
-
Julio Ruiz
Seller Co-Listing Agent in 2021
Julio Ruiz
Global Platinum Properties, Inc.
(818) 524-0706
1 in this area
47 Total Sales
-
E
Buyer's Agent in 2021
Edvin Niazi
-
Robert Dobbs
Seller's Agent in 2020
Robert Dobbs
661 Realty
(661) 381-7514
261 Total Sales
Map
Source: The MLS
MLS Number: 21-698040
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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