466 RIVERDALE DR.
Glendale, CA 91204 · APN 5696-014-045
UNITS
24
BUILDING SF
22,200
SF / UNIT
925
YEAR BUILT
1988
BEDROOMS
44
BATHROOMS
44
USE · CODE 0500
5+ UNITS
Leave an email and I will send you what it is worth today, in place and on turnover, from comps that closed within three blocks. Free, confidential, inside 48 hours, and no listing pitch until you ask for one.
This form saves what you type as you go, so you can come back to it.
PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.
PRICE ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE, NOT A VERIFIED CLOSING PRICE.
OUTSIDE THE CITY OF LA ORDINANCE
The roll places this parcel in Glendale, not the City of Los Angeles, so the city's Rent Stabilization Ordinance does not reach it. That is not the same as unregulated: Santa Monica, West Hollywood, Beverly Hills, Culver City, Inglewood, Pasadena, Glendale and others run their own stabilisation ordinances, unincorporated county parcels fall under the County's, and the statewide AB 1482 cap applies where no stronger local rule does. Check the local ordinance before underwriting the rent roll.
Recent sales nearby.
PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.
Buildings like this one.
ON RIVERDALE DR · ZIP 91204
SIMILAR SIZE AND ERA IN 91204
The short answers.
Is 466 Riverdale Dr rent controlled?
The roll places this parcel in Glendale, not the City of Los Angeles, so the city's Rent Stabilization Ordinance does not reach it. That is not the same as unregulated: Santa Monica, West Hollywood, Beverly Hills, Culver City, Inglewood, Pasadena, Glendale and others run their own stabilisation ordinances, unincorporated county parcels fall under the County's, and the statewide AB 1482 cap applies where no stronger local rule does. Check the local ordinance before underwriting the rent roll. This is an inference from public assessor records, not a determination. Confirm the certificate of occupancy date with the LA Housing Department or ZIMAS before you rely on it for pricing or notices.
How many units does 466 Riverdale Dr have?
County records list 24 units at 466 Riverdale Dr, classified as 5+ units across 22,200 square feet of building area, averaging about 925 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.
When was 466 Riverdale Dr built?
The assessor roll gives a build year of 1988, which is after the 1 October 1978 RSO cutoff. The ordinance turns on the certificate of occupancy rather than the roll's build year, so a building finished either side of that date is worth confirming with LAHD. Age drives more than character here. It sets rent-cap exposure, seismic retrofit obligations, and what a lender will underwrite.
When did 466 Riverdale Dr last sell, and for how much?
The last recorded transfer was February 2021, at an estimated $4,144,043, about $172,668 per unit. That price is estimated from the Proposition 13 reassessment recorded at sale, not a verified closing price, so treat it as a close approximation rather than a confirmed figure.
What is 466 Riverdale Dr assessed at, and is that what it is worth?
The current assessed value is $4,485,645 ($1,539,254 land, $2,946,391 improvements). Assessed value is not market value. Under Proposition 13 it resets only on a change of ownership and then climbs about 2% a year, so a long-held building is often assessed far below what it would trade for.
How do I find out what 466 Riverdale Dr would sell for today?
Public records give you the frame, units, size, age, assessed value, and when it last traded, but pricing needs in-place rents, expenses, and the condition of the units, none of which appear in county data. A broker valuation puts closed comps and a rent survey against the actual rent roll. Shaya Lowenstein does that free for LA multifamily owners, typically within 48 hours, with no obligation to list.
Leave an email and I'll come back with what it is worth and whether the owner is likely to trade. It does not have to be for sale, and it does not have to be my listing.
This form saves what you type as you go, so you can come back to it.
Own this building?
FREE, CONFIDENTIAL VALUATION FROM CLOSED COMPS. 48H TURNAROUND.
NOT SELLING? GET DEALS LIKE THIS FIRST →