1129 VERDUGO Road, Glendale, CA 91206
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Sold Price :
$1,090,000
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Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1949
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 |
Close Price |
$1,090,000 |
Status |
Closed |
Type |
Residential Income |
Structure Size |
N/A |
Lot Size |
6,867 |
Year Built |
1949 |
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.