Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

2,674 sqft

Lot size

6,362 sqft

Year built

1926

Stories

2

Heating

Central

Cooling

Central Air

Status

Active

Days on market

37

MLS #

246390208

About this property

We are pleased to present 4254 Verdugo Road; a well-maintained triplex investment property located in the Glassell Park area of Northeast Los Angeles. The propertyoffers an attractive combination of immediate owner-user potential, in-place rental income, and future income growth, making it an appealing opportunity for bothinvestors and owner-users.The property features a vacant 2-bedroom/1-bathroom front house built in 1926, while the rear two units were built in 1986 and are exempt from the City of Los AngelesRSO. The rear units include a 2-bedroom/1.5-bathroom unit that was recently remodeled and a 1-bedroom/1-bathroom unit.Each unit has its own water heater, washer/dryer hookups, electrical and gas meters. The front house and rear duplex also benefit from separate water meters, providingutility separation and expense control. The front house and rear duplex were painted in 2023, and the roof for the front house was completely replaced in 2021.The property is ideally positioned in Glassell Park, a Northeast Los Angeles neighborhood known for its residential character, convenient location, and continuedrevitalization. Located along Verdugo Road near the Glendale border, residents enjoy easy access to local restaurants, coffee shops, markets, and retail, with nearbyAtwater Village, Highland Park, Eagle Rock, and Glendale offering additional dining, shopping, and entertainment. Convenient access to the CA-2 and CA-5 Freewaysprovides connectivity to Downtown Los Angeles, Pasadena, Glendale, Burbank, Silver Lake, Los Feliz, and surrounding communities.

Location

4254 Verdugo Road

Los Angeles, Los Angeles, CA, 90065