1129 N VERDUGO Road, Glendale, CA 91206
Property · 2 recorded sales since 2015
Sold June 2019
Listing Agent: Kelly Morgan (DRE #01898026) · Listing Office: Houze Real Estate Management · Contact: 323-852-1372 · Bought with: Linda Ojeda · JohnHart Real Estate · MLS #19456614 · Source: CRMLS
5
Bedrooms
3
Bathrooms
2,168
Sq Ft
6,867 sqft
Lot Size
1949
Year Built
Property
Type
About this property
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*
Listing description from the June 2019 sale, as reported to CRMLS.
Sale history
$1,090,000
Sold June 2019 · listed $1,085,000, on market April 2019 · MLS #19456614 · Source: CRMLS
Listing Agent: Kelly Morgan · Listing Office: Houze Real Estate Management · Contact: 323-852-1372 · Bought with: Linda Ojeda · JohnHart Real Estate
$888,000
Sold November 2015 · on market October 2015 · MLS #AR15216077 · Source: CRMLS
Listing Agent: Tony Krmzyan · Listing Office: Re/Max Premier Prop Arcadia · Contact: 626-229-2200 · Bought with: Arthur Mangassarian · Re/Max Tri-City Realty