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135 N Verdugo RD Glendale, CA 91206
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Key Details
Sold Price $4,900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 13,020 sqft
Price per Sqft $376
MLS Listing ID SR19279418
Sold Date 03/05/20
HOA Y/N No
Year Built 1960
Lot Size 0.388 Acres
Acres 0.388
Property Description
We are pleased to exclusively offer The GlenVerdugo Apartments for sale, a 17 unit professionally managed community in Glendale. This mid-century building is located on a major thoroughfare, Verdugo Rd, right through the heart of the city. The long term family owners in conjunction with a professional management company, have mutinously maintained the asset. The GlenVerdugo Apartments are comprised of very well laid out spacious units. Unit Mix of (2) 0+1, (10) 1+1, (1) 2+1, (2) 2+1.5, (1) 2+1.75, (1) 2+2. Rents averaging for 0+1 averaging $1,262, for one-bedrooms averaging $1,592, for two bedrooms averaging $1,799, total scheduled rent is $27,353. The extremely close proximity to the outdoor shopping mall, better known as one of L.A.'s premier dining, shopping, and entertainment hot spots, is a major plus for tenants. The property offers considerable upside in rents along with additional added value opportunity. Contact listing agent for a complete offering memorandum.
Location
State CA
County Los Angeles
Area 624 - Glendale-Chevy Chase/E. Glenoaks
Zoning GLR4YY
Rooms
Ensuite Laundry Common Area, Laundry Room
Interior
Laundry Location Common Area,Laundry Room
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Pool In Ground, Private
Community Features Foothills, Hiking, Mountainous, Street Lights, Sidewalks
Private Pool Yes
Building
Lot Description 16-20 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5645026018
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Trade
Special Listing Condition Standard
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Bought with Levon Alexanian • Keller Williams World Media Center