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1550 Verdugo RD Glendale, CA 91208
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Key Details
Sold Price $16,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 41,448 sqft
Price per Sqft $390
Subdivision Not Applicable - 1007242
MLS Listing ID 222004462
Bedrooms 62
Full Baths 60
Year Built 1950
Lot Size 2.958 Acres
Property Description
''The Verdugos,'' an incomparable Opportunity to purchase a One of a Kind 45 Unit Apartment Complex, located in the Prestigious Woodlands Neighborhood of Glendale, directly adjacent to Glendale City College. Superior Unit Mix of spacious one bedroom one bathroom, and two bedroom Townhouse Style Homes. Upside in Rents. Beautiful Open Hillside Campus affording Pride of Ownership and preferred Tenant Enjoyment. Tastefully designed Interiors. Incredible Potential for the Wise Investor to Seize the Good Fortune to Create Generational Wealth and Own an Extraordinary Trophy Asset, while Growing Accelerating Future Net Worth. Each apartment has the added value of a one car garage which comes with their rental.
Location
State CA
County Los Angeles
Area 627 - Rossmoyne & Verdu Woodlands
Zoning GLR4-R1*
Interior
Flooring Carpet, Wood
Exterior
Parking Features One Space
Garage Spaces 45.0
Garage Description 45.0
View Y/N Yes
View City Lights, Mountain(s)
Building
Story 12
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Special Listing Condition Standard
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Bought with Chris Smith • Pinnacle Estate Properties, Inc.
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