See Home Value
$13,115,895*
Multifamily - Off Market

1748 N Verdugo Road

Glendale, CA 91208
bedrooms
40 Beds
bathrooms
30 Baths
square feet
25176 Sqft
$8,100,000 - $9,900,000
Reference Base Price*
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model

About This Property

Amazing opportunity to own a gem in North Glendale above Glendale Community College.  This building was constructed in 1958 and consists of two buildings, i.e. a 17 unit and a 12 unit, on the same lot.  There are (12) 2+1, (16) 1+1 and (1) 2+1.5 Townhouse on a 36,600 SQFT lot in a 25,000 Sqft improvement.  Each building consists of various fourplexes connected to one another on the roof line, and  there are 29 detached garages, no'' soft story.  Majority of the units have been remodeled with hardwood flooring, ceramic wall and floor tiles in bathroom and kitchen, wall type heating and air conditioning.  Recently, the Electrical service to the building was upgraded with a 1200 amp service facilitating the improving units with central A/C and charges for Electric cars.  The building is located right across from blue ribbon Verdugo Woodlands Elementary school highly sought by Glendale parents.  It is also walking distance to GCC facilitating possibility of student housing arrangements.  The property has a historically high occupancy rate and a new owner can take over and achieve an above market return for the city of Glendale by enhancing use intensity, i.e. student housing; or, improving amenities, i.e. Central A/C, Electric car charges.

The manager has listed the unit size as 25176 square feet.
Unit Size
25,176Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$357
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1949

Price History

Date / Event Date Event Price
Oct 2, 2019 No longer available -
No longer available
Jan 28, 2019 Listed $9,000,000
Listed

Property Highlights

Air Conditioning
Parking Available


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190128
01/28/2019
40 Bed
30 Bath
25176 ft²
$9,000,000
bedrooms
40 Bed
bathrooms
30 Bath
square feet
25176 ft²
-
-
-
-

Building Info

1748 North Verdugo Road 1748 North Verdugo Road, Glendale, CA 91208
More about this Building
1748 North Verdugo Road
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About Verdugo Woodlands


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