1762 Verdugo Road

Glendale, CA 91208

$2,220,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $554 / sqft

1940

calendar_month Built

Property Description

We are pleased to present for sale an amazing Spanish-style 4-unit rental property in prestigious Northern Glendale. Located in close proximity to Montrose and La Canada Flintridge, this pride of ownership property offers a timeless blend of vintage charm and modern comfort. Each of the generously sized 2-bedroom + 1 bathroom units features abundant natural light, gleaming hardwood floors, and updated kitchens and bathrooms. Enjoy the convenience of in-unit washer/dryer hookups and year-round comfort with central HVAC. Some units have covered porch areas as an extension of the living space, while the property's mature, drought-friendly landscaping adds to its curb appeal. The architectural beauty with its detailed design, metalworks and archways makes this piece of real estate truly unique amongst investment properties. Adding to its classic and timeless look the building boasts an updated main electrical system, copper plumbing, as well as being meticulously maintained. Two driveways lead to the rear of the property where an additional structure offers enclosed garages that can fit 5 cars. Buyer to investigate the potential for an ADU conversion. One unit is currently vacant, making this a great owner-user opportunity or rent out at top market rent. Properties like this rarely trade, so don't miss the opportunity to acquire this real estate gem. The rent of $2900 is a projected, market rent on the vacant unit #1762. Please respect the tenants and their privacy and do not drive on driveways or walk to the rear of the property.

Listing Information

Close Price $2,220,000
Close Date Wednesday, January 24th, 2024
Status Closed
MLS 23328291
Type Residential Income
Year Built 1940
Lot Size 9,982
Structure Size N/A
DOM 44
Courtesy Of Realty Investment Advisors, Inc.
Listing Agent Alexander Metaxas DRE#01784652

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Wood
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Alexander Metaxas, Realty Investment Advisors, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 25th, 2024 at 2:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.