415 S Verdugo Road, Glendale, CA 91205 - Berkshire Hathaway HomeServices California Properties

415 S Verdugo Road, Glendale, CA 91205

$2,799,000 Approx. USD 0 beds, 0 baths

Listing Agent


Dikran Jamgocyan | xchangerealty@yahoo.com
Lic#: 01920329
Broker: Courtesy of X-Change Realty & Investments

Agent Remarks

INTRODUCING A RARE OPPORTUNITY!! FOUR STAND-ALONE UNITS IN GLENDALE! Two of the units that were existing have been remodeled COMPLETELY (Fully gutted down to the studs and rebuilt in 2023, incl.complete roof change and earthquake retrofitting), and the other 2 units have been newly built (both completed in 2024) All 4 units have high-end premium finishes as shown in the pictures and as will be seen during the property walkthrough. ANYTHING and EVERYTHING on the property has been changed, replaced, and renewed according to the latest building codes. This incl. ALL electrical, plumbing, and mechanical work. The permits obtained and completed can be viewed on the City of Glendale's designated website. Fresh concrete was also poured in July 2024. The front unit is 1bed/1bath, at 738 sqft. The second unit is a 1 bed/1.5 bath at 743 sqft. w/ SOLAR panels. The third unit is a 2bed/2bath at 916 sqft. The fourth unit is a 1bed/1.5 bath at 743 sqft. w/SOLAR panels. (Buyer to complete his/her own due diligence for verification of the provided details). Each unit comes w/1 parking spot and 1 additional parking spot still vacant to be utilized at owner's discretion. Each unit comes w/brand new appliances of stove and range hood/microwave. As expected, each unit has its own address, power and gas meters, w/water being the only shared meter as per current standards. The first, second and fourth units were rented in 2024, and the third unit is occupied by the owner and will be delivered VACANT for owner-occupation or renting it out for additional income! Total collected rent WITHOUT the owner's unit is approx. $7,900. Projecting a $3,500 rental value for the owner's unit would mean a total approx. gross rental income of $11,400 per month! All current tenants have been fully vetted and verified by the owner. DON'T MISS THE CHANCE TO SECURE THIS INCOME-PRODUCING ASSET!

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# GD25017426
List price is $2,799,000 Reduced by $200,995 on 3/17/2025
Price: $2,799,000
Beds: 0
Baths: 0
None fireplaces
Built in 1941
1 story
0.18 acres
Lot size: 0.1805
County: Los Angeles
Construction: Copper Plumbing
Interior features: Granite Counters,High Ceilings,Unfurnished,All Bedrooms Down
Exterior features: Rain Gutters
Appliances: Dishwasher,Gas Oven,Gas Range,Tankless Water Heater
Parking description: Assigned
Lot description: TwoToFiveUnitsAcre
Heating/cooling: Central Air
Heating description: Central,Solar
MLS area: 628 - Glendale-South of 134 Fwy

Last Updated: 3/17/2025

 Days On Market (DOM): 71

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This listing belongs to the 628 - Glendale-South of 134 Fwy MLS area

Lat/Long: 34.141200, -118.234023.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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