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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$2,000,000

Est. payment - /mo

7 Beds

6 Baths

4,960 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,960 sqft

Price per Sqft $403

MLS Listing ID 25631009

Bedrooms 7

HOA Y/N No

Year Built 1954

Lot Size 7,819 Sqft

Property Description

We are please to present 1801 Verdugo Loma Drive, a rare five-unit multifamily investment opportunity located in the Verdugo Woodlands neighborhood of northeast Glendale. Situated just north of Glendale Community College, this generational asset will be delivered with one 2bed/1.5bath unit vacant, allowing for the new investor to renovate the unit before lease-up or the possibility for owner occupancy. Constructed in 1954, the asset comprises two 1bed/1bath units, two 2bed/1.25bath units, and one 2bed/1.5bath unit spread across 4,960 square feet. The asset provides separate gas and electric meters for each unit, hot water serviced by two central water heaters, an on-site laundry room with one washer and one dryer, and a detached parking structure with three 2-car garages. The lot spans 9,146 square foot lot and is zoned R2250, making the existing number of units irreplaceable with the current zoning. Situated just north of fork where Verdugo Rd. and Canada Blvd. split, 1801 Verdugo Road is a half mile from Glendale Community College and 2.5 miles from Montrose Village Square. The area is one of the most sough after neighborhoods in the city. Commuters are within minutes from the nearest on-ramp to the CA-2, offering ease of access to the to all of the Tri-Cities (Glendale, Burbank, and Pasadena).

Location

State CA

County Los Angeles

Area 627 - Rossmoyne & Verdu Woodlands

Zoning R 2250

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher, Disposal

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5652010019

Special Listing Condition Standard

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Listed by Marcus & Millichap

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1801 Verdugo Loma DR Glendale, CA 91208