Greg Alexanian Represents Both Parties In $4.06M Glendale Multifamily Sale

A multifamily property located at 457 W Dryden St in Glendale has been sold in a recent transaction. The property spans over 9,539 square feet and was sold for a price of $4,060,000, resulting in a price per square foot of $425.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,060,000
• Square Footage: 9,539
• Price per Square Foot: $425
• Market: Glendale

In this deal, both the seller and buyer were represented by Greg Alexanian from Alexanian Advisors. It is worth noting that this transaction achieved the highest price per unit for a property of similar vintage before and since the COVID-19 pandemic. It is also worth mentioning that Alexanian Advisors currently has an inventory of properties in Glendale and Burbank totaling $22,000,000. For more information, please contact Alexanian Advisors directly.