1817 Verdugo Loma, Glendale, CA 91208

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List Price
$1,795,000
Status
ACTIVE
MLS#
GD26217534
Year Built
1956
Lot Size
10,522
Acres
0.24
Lot Location
2-5 Units/Acre
Days on Market
1
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level

Property Description

Rare live-in plus investment opportunity in Glendale’s highly desirable Verdugo Woodlands neighborhood. 1817 Verdugo Loma is a well-maintained five-unit multifamily property offering an exceptional combination of scale, location, and upside. The property features approximately 3,645 square feet of building area on an oversized 10,508 square foot lot and is ideally situated near shopping, dining, transportation, schools, parks, and neighborhood amenities. The unique unit configuration includes a detached 2-bedroom, 2-bathroom home of approximately 1,400 square feet, complemented by four 1-bedroom, 1-bathroom units, each offering nearly 600 square feet of living space. An owner-user can occupy the detached home while rental income from the four additional units helps offset the cost of ownership. Five dedicated parking spaces further enhance tenant appeal. The expansive lot may provide potential for additional units, ADUs, and/or future development. With strong rental fundamentals, an attractive unit mix, substantial lot size, and multiple avenues for future appreciation and income growth, this is a rare opportunity to own a multifamily asset in one of Glendale’s most sought-after neighborhoods.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$102,000
Operating Expense
10080

Listing courtesy of Listing Agent: Jerry Armen (jerry@teamrockproperties.com) from Listing Office: Team Rock Properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.