415 S Verdugo RD Glendale, CA 91205
7,862 Sqft Lot
UPDATED:
01/28/2025 02:28 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25017426
HOA Y/N No
Year Built 1941
Lot Size 7,862 Sqft
Property Sub-Type Quadruplex
Property Description
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!
Location
State CA
County Los Angeles
Area 628 - Glendale-South Of 134 Fwy
Interior
Interior Features Granite Counters, High Ceilings, Unfurnished, All Bedrooms Down
Heating Central, Solar
Cooling Central Air
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Oven, Gas Range, Tankless Water Heater
Laundry Gas Dryer Hookup, Inside
Exterior
Exterior Feature Rain Gutters
Parking Features Assigned
Pool None
Community Features Sidewalks, Urban
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Accessibility Parking
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5680018016
Acceptable Financing Conventional
Green/Energy Cert Solar
Listing Terms Conventional
Special Listing Condition Standard
