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

Type

Apartment

Bedrooms

5

Building size

3,645 sqft

Lot size

10,522 sqft

Year built

1956

Stories

2

Garage spaces

5

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

0

MLS #

248018000

About this property

Rare live-in plus investment opportunity in Glendale’s highly desirable Verdugo Woodlands neighborhood. 1817 Verdugo Loma is a well-maintained five-unit multifamily property offering an exceptional combination of scale, location, and upside. The property features approximately 3,645 square feet of building area on an oversized 10,508 square foot lot and is ideally situated near shopping, dining, transportation, schools, parks, and neighborhood amenities. The unique unit configuration includes a detached 2-bedroom, 2-bathroom home of approximately 1,400 square feet, complemented by four 1-bedroom, 1-bathroom units, each offering nearly 600 square feet of living space. An owner-user can occupy the detached home while rental income from the four additional units helps offset the cost of ownership. Five dedicated parking spaces further enhance tenant appeal. The expansive lot may provide potential for additional units, ADUs, and/or future development. With strong rental fundamentals, an attractive unit mix, substantial lot size, and multiple avenues for future appreciation and income growth, this is a rare opportunity to own a multifamily asset in one of Glendale’s most sought-after neighborhoods.

Location

1817 Verdugo Loma

Glendale, Los Angeles, CA, 91208