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1702 N Verdugo Rd

$2,250,000

1702 North Verdugo Road, Glendale, CA 91208

Active
Last Updated: 03/11/2024

5.33

Cap Rate

119,821

NOI

Details:
Cap Rate:    5.33%
NOI:    $119,821
Building Size:    4,084 sqft
Lot Area:    7,049 acres
Units:    5
Occupancy:    100%
Year Built:    1978
Floors:    2
Parking Spots:    9
Heating:    Central
Cooling:    Central
Description:

A Rare opportunity! First time on the market after more than 3 decades. Introducing a rare gem in the desirable Verdugo Woodlands area of Glendale This 5-unit property offers a fantastic investment opportunity. Boasting a spacious 2-bedroom, 2.5-bathroom front townhouse style unit with a private front patio and attached garage, along with four 1-bedroom, 1-bathroom units, all equipped with Central A/C. Located just a few blocks away from Glendale Community College, this property features separate Gas & Electric meters, and Laundry hook ups in each of the units and provides incredible rental upside. Additionally, there is an exciting opportunity to combine this property with the adjacent triplex, currently on the market for $1,350,000.





Well manicured propertyLocated in sought after Verdugo Woodlands Area.
A few blocks from Glendale Community College
Separate Gas & Electric Meters
Laundry hook-up and Central A/C in each unit
Opportunity to Purchase the adjacent triplex on the market for $1,350,000 – APN#5652-011-034 

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1702 N Verdugo Rd_OM (1) (1)
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