NOT LISTED FOR SALE

1566 N Verdugo Rd Glen Dale, CA 91208

Verdugo Woodlands Neighborhood
8 Beds
6 Baths
5,160 Sq Ft
8,184 Sq Ft Lot

Last Sold August 01, 2017

Last sale price $1,760,000 $341 Per Sq Ft

27 Days on Market

Highlights

  • Central Heating
  • 6 Car Garage
  • 3-minute walk to Verdugo Park
  • Verdugo Woodlands Elementary School Rated A-

About This Home

As of August 2017

We are pleased to present the North Verdugo Road Apartments - a five (5) unit multifamily investment opportunity located in prime Glendale. This two story, wood frame stucco building consists of 5,160 SF of living area and is situated on a 8,184 SF lot. This property features: One (1) Two Bedroom/ Two Bathroom + Den Unit. Two (2) Two Bedroom/One Bathroom units and Two (2) One Bedroom/One Bathroom units. All units are individually metered for both gas and electricity. The large, Two Bedroom Owner's unit which contains a den, includes in unit: laundry facilities, original hardwood floors, and a charming fireplace. All units contain central heating and wall A/C units. Furthermore, the property achieves additional income from an on-site laundry room .A new owner/investor will benefit from units that are very spacious, in high rental demand, non-rent controlled, and offer tremendous rental upside.

Last Agent to Sell the Property

Derrick Vartanian

Lyon Stahl Investment Real Estate, Inc. License #01816119 Listed on: 05/30/2017

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Jonathan Prakash

Equity Union License #01483131

Last Buyer's Agent

Derrick Vartanian

Lyon Stahl Investment Real Estate, Inc. License #01816119 Listed on: 05/30/2017

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 8,184 Sq Ft Lot

Parking

  • 6 Car Garage

Home Design

  • 5,160 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • 5 Units

Listing and Financial Details

  • The owner pays for move out fee, pool service
  • Assessor Parcel Number 5652-010-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5160
  • Probate: No
  • Year Built: 1955
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 339.15

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 6
  • Covered Parking: 6
  • Parking Garage: Garage
  • Total Parking: 6

Utilities

  • Cooling: Wall/Window
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 106427
  • Assessed Land Value: 62109
  • Assessor Parcel Number: 5652-010-022
  • Geocode Override: No
  • Lot Size Area: 8184

Rental Info

  • Owner Pays: Move Out Fee, Pool Service

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 24.92
  • Number Of Units: 5
  • Rent Control: 0
  • Total Annual Expense: 32002
  • Type Of Units: apartment
  • Vacancy Rate: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2017 08/01/17 Sold $1,760,000 +0.6% $341 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $1,750,000 -- $339 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Derrick Vartanian

    Seller's Agent in 2017

    Derrick Vartanian

    Lyon Stahl Investment Real Estate, Inc.

    (310) 482-2200

    13 Total Sales

    Derrick Vartanian
    Section Image

  • J

    Seller Co-Listing Agent in 2017

    Jonathan Prakash

    Equity Union

    (424) 600-7620

    6 Total Sales

    Jonathan Prakash
    Section Image
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Map

Source: The MLS

MLS Number: 17-236034

The MLS

California Los Angeles County Glendale 91208 Verdugo Woodlands

1566 N Verdugo Rd, Glendale, CA

This home is located at 1566 N Verdugo Rd, Glen Dale, CA 91208 since 30 May 2017. This property was built in 1955. 1566 N Verdugo Rd is a home located in Los Angeles County with nearby schools including Verdugo Woodlands Elementary School, Woodrow Wilson Middle School, and Glendale High School.

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