1129 VERDUGO Road

Glendale, CA 91206

$1,090,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $502 / sqft

1949

calendar_month Built

Property Description

3 Units in Glendale located on Verdugo road in an excellent location with 23%+/- upside in rents. If you simply raised rents 7% per year over 7 years your average annual return would be 21.5%. Higher rent increases are still allowed in Glendale although 7% avoids any relocation assistance. Property is not subject to rent control (*subject to Ordinance #5922).*Please Do Not Disturb Tenants*

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 1129 VERDUGO Road
City Glendale
State CA
Zip 91206
County Los Angeles
Listing Agent Kelly Morgan DRE#01898026
Courtesy Of Keller Williams-Santa Monica
MLS 19456614
Close Price $1,090,000
Close Date Tuesday, June 25th, 2019
Status Closed
Type Residential Income
Structure Size N/A
Lot Size 6,867
Year Built 1949
DOM 28

Exterior Information

Maps

Listing information courtesy of: Kelly Morgan, Keller Williams-Santa Monica . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 25th, 2019 at 3:56 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.