1704 Verdugo rd, Glendale, CA 91208
Active
$1,350,000
3 Units
4 Beds
3 Baths
n/a Area(sq.ft.)
Lot: 7,619 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | P1-16691PF |
| Days On Market: | 659 |
| Listing Date: | February 15, 2024 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per unit: | $ 450,000 |
| Year Built: | 1957 |
Property Details
A Rare opportunity! First time on the market after48 years. Welcome to the charming Verdugo Woodlands area in Glendale! This exquisite 3-unit property is a rare gem, offering a unique opportunity for discerning buyers. The property features a standalone 2+2 unit over 3 car garages with Central A/C and a private yard. Additionally, there are two large 1+1 units with fireplace that add to the versatility and potential rental income. Meticulously maintained, this bungalow-style property features newer windows, and newer roof. It's an ideal investment in this sought-after neighborhood with great rental upside. Located just a few blocks away from Glendale Community College, this property provides incredible rental upside. Additionally, there is an exciting opportunity to combine this property with the adjacent 5-Unit property currently on the market for $2,250,000.Don't miss out on this exceptional opportunity!Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 20,204 |
| Net Operating Income: | $ 74,464 |
| Cap Rate: | 5.52% |
| Actual Gross Rent: | $ 54,420 |
Structure
| Community Features: | Street Lights, Sidewalks |
| Style: | Bungalow |
| Sewer: | Public Sewer |
| View Description: | None |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | See Remarks |
| Equipment: | Community, Other |
| Heating: | Other |
| Laundry: | Community, Other |
| Laundry Equipment: | Lease |
Exterior
| Exterior Construction: | Other |
| Pool: | No |
| Roof: | Other |
| Spa: | No |
Detailed Map
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