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Map
$13,115,895*
●
Multifamily -
Off Market
1748 N Verdugo Road
Glendale, CA 91208
40 Beds
30 Baths
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
01/28/2019
|
|
40 Bed
|
30 Bath
|
25176 ft²
|
$9,000,000
40 Bed
30 Bath
25176 ft²
|
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