CA > Los Angeles
Los Angeles, CA 90065,3214 Verdugo Rd
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Los Angeles, CA 90065,3214 Verdugo Rd
Los Angeles, CA 90065,3214 Verdugo Rd
Los Angeles, CA 90065,3214 Verdugo Rd
Los Angeles, CA 90065,3214 Verdugo Rd
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Brandon Arlington

Brandon Arlington

+1(781) 385-0196
$ 1,500,000
Est. payment /mo
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Pending

3214 Verdugo Rd Los Angeles, CA 90065

10 Beds

8 Baths

6,053 SqFt

UPDATED:

10/11/2024 08:44 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 6,053 sqft

Price per Sqft $247

MLS Listing ID 24-443531

Bedrooms 10

Year Built 1948

Lot Size 0.459 Acres

Acres 0.4593

Property Description

We are proud to present this exceptional investment opportunity: an 8-unit multi-family property located in the heart of Glassell Park! The seller is open to carrying financing for qualified buyers. This property features 100% single-story units spread across an expansive 20,002 square-foot lot. Seven of the eight units were constructed between 1948 and 1952, while one unit dates back to 1921.The property comprises five detached buildings, offering (6) 1-bedroom, 1-bath units, (1) 2-bedroom, 1-bath unit, and (1) 2-bedroom, 1-bath unit with a den. Totaling approximately 6,053 rentable square feet, the property also includes both carport/2 car garage and ample on-site parking for tenants. The property is individually metered for Water, Gas, and Electric, allowing for minimal landlord expenses. For the savvy investor, there's significant value-add potential, including the possibility of adding ADUs, with an estimated upside of 135% (buyer to verify feasibility). The property is zoned RD2-1-CDO-HCR.Situated in the vibrant core of Glassell Park, this property boasts a walk score of 76, meaning most daily errands can be done on foot. It's strategically positioned near Glendale, Atwater Village, Highland Park, and Eagle Rock, and just minutes from Silver Lake, Echo Park, and Downtown LA.**Disclosure:** Buyers are encouraged to conduct thorough due diligence, including verification of building square footage, lot size, legal bedroom/bathroom count, parking, unit mix, year built, zoning, market rents, and ADU or additional unit feasibility.**PLEASE DO NOT DISTURB TENANTS OR WALK ON THE PROPERTY-DRIVE BY ONLY**

Location

State CA

County Los Angeles

Area Glassell Park

Zoning LARD2

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Wall Unit(s)

Equipment None

Exterior

Garage Carport, Garage - 2 Car

Garage Spaces 8.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Remax Commercial and Investment Realty