415 S Verdugo Road

Glendale, CA 91205

$2,999,995

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1941

calendar_month Built

Property Description

INTRODUCING A RARE OPPORTUNITY!! FOUR STAND-ALONE UNITS IN GLENDALE! Two of the units that were existing have been remodeled COMPLETELY (Fully gutted down to the studs and rebuilt in 2023, incl.complete roof change and earthquake retrofitting), and the other 2 units have been newly built (both completed in 2024) All 4 units have high-end premium finishes as shown in the pictures and as will be seen during the property walkthrough. ANYTHING and EVERYTHING on the property has been changed, replaced, and renewed according to the latest building codes. This incl. ALL electrical, plumbing, and mechanical work. The permits obtained and completed can be viewed on the City of Glendale's designated website. Fresh concrete was also poured in July 2024. The front unit is 1bed/1bath, at 738 sqft. The second unit is a 1 bed/1.5 bath at 743 sqft. w/ SOLAR panels. The third unit is a 2bed/2bath at 916 sqft. The fourth unit is a 1bed/1.5 bath at 743 sqft. w/SOLAR panels. (Buyer to complete his/her own due diligence for verification of the provided details). Each unit comes w/1 parking spot and 1 additional parking spot still vacant to be utilized at owner's discretion. Each unit comes w/brand new appliances of stove and range hood/microwave. As expected, each unit has its own address, power and gas meters, w/water being the only shared meter as per current standards. The first, second and fourth units were rented in 2024, and the third unit is occupied by the owner and will be delivered VACANT for owner-occupation or renting it out for additional income! Total collected rent WITHOUT the owner's unit is approx. $7,900. Projecting a $3,500 rental value for the owner's unit would mean a total approx. gross rental income of $11,400 per month! All current tenants have been fully vetted and verified by the owner. DON'T MISS THE CHANCE TO SECURE THIS INCOME-PRODUCING ASSET!

Listing Information

List Price $2,999,995
Status Active
MLS GD25017426
Type Residential Income
Subtype Quadruplex
Year Built 1941
Lot Size 7,863
Structure Size N/A
DOM 1
Courtesy Of X-Change Realty & Investments
Listing Agent Dikran Jamgocyan DRE#01920329

Interior Features

Laundry Information
Location(s) Gas Dryer Hookup, Inside
Bedroom Information
Features All Bedrooms Down
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate, Tile
Fireplace Information
Features None
Additional Information
Additional Features Granite Counters, High Ceilings, Unfurnished, All Bedrooms Down
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Dikran Jamgocyan, X-Change Realty & Investments . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 28th, 2025 at 2:28 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.