Sold

416 Pioneer Drive

Glendale CA, 91203

$8,250,000


$419.63 per sqft

Sold

39 Beds

39 Baths

19,660 sqft

Residential

Built in 1963

Listed by Jenny Eng with CBRE 213-613-3176

We are proud to exclusively present 416 Pioneer Drive in the city of Glendale. Located south of the 134 Freeway, between Pacific Avenue and Central Avenue, and north of Doran Street, 416 Pioneer Drive offers an investor the rare opportunity to own an excellent piece of real estate in one of the most prominent submarkets within the Tri-Cities and the San Fernando Valley. 416 Pioneer Drive is a two-story, 26-unit multifamily property constructed in 1963 on a 17,612 square foot lot, with a total building size of 19,660 square feet. The neatly landscaped, controlled access property is well maintained, is separately metered for gas and electric, is serviced by a central water heater, and offers a subterranean parking spaces with storage areas. 416 Pioneer Drive boasts an excellent unit mix of one studio/one bathroom unit, fourteen one-bedroom/one-bathroom units, four two-bedroom/one-and-a-half-bathroom units, six two-bedroom/two bathroom units, and one three-bedroom/two-bathroom unit. The units offer laminate wood and tile flooring, a stove, ceiling fans, air conditioning and heating units. Positioned in one of the most attractive neighborhoods in Glendale, 416 Pioneer Drive is within close proximity to major retail, dining, and entertainment destinations in Downtown Glendale. The Property is also minutes from Glendale Fashion Center, LA Zoo, Griffith Park, Griffith Observatory, and Glendale Community College. 416 Pioneer Drive is conveniently situated approximately 1.2 miles away from the Golden State (I-5) Freeway and Ventura (SR-134) Freeway, offering ease of access to employment centers in Burbank, Downtown Los Angeles, and Pasadena.

23313723

MLS ID

September 25, 2023

Listed

February 16, 2024

Updated

Map

416 Pioneer Drive
Glendale CA, 91203

Interior Features

Total Stories

0


Bedrooms

39 Beds


Bathrooms

39 Baths


Appliances

Range


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.4 Acres

Other Property Details

Area Name

628 - Glendale-South of 134 Fwy


Days on Market

25


Garage

No


Parking

Underground


Parking Total

44


View

No


County

Los Angeles


Pool

No


Pool Features

Fenced, In Ground


Zoning

GLR4YY


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

12/28/2023

Price Change

$7,710,000

-7%

12/28/2023

Sold

10/21/2023

Pending

Listing Contact: 213-613-3176 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/16/2024 at 6:31 AM UTC

 

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