Seller's Agent in 2025
Vartan Markarian
Markarian Realty
(818) 860-7386
1 in this area
120 Total Sales
241 N Verdugo Rd Glendale, CA 91206
Citrus Grove Neighborhood
2
Beds
--
Bath
1,222
Sq Ft
6,578
Sq Ft Lot
Highlights
- No HOA
- Cooling Available
- Heating Available
- Fireplace
- Laundry Room
- 1-Story Property
About This Home
As of October 2025Great investment for commercial, residential and/or owner-occupied use! Duplex in prime Glendale! This property is commercially zoned and includes 2 fixer units each with standalone 1 bedroom/1 bath and two private backyards. Additional highlights include a 1-large-car garage, a potential ADU development opportunity or possibly even the ability to build a 2nd ADU in the backyard. There is also the opportunity to buy 1or 2 contiguous properties next door, currently listed for sale, with the potential to develop up to 16 residential rental units or condos that are each approximately 1,000 square feet. Centrally located near schools, supermarkets, restaurants, and just minutes from all the vibrant restaurants and coffee shops in Silver Lake, Atwater Village, downtown Glendale, Burbank, Walt Disney Studios and the Rose Parade route. This treasured duplex reflects true pride of ownership and is a superb investment property that will not last long in this hot market!
Last Agent to Sell the Property
Markarian Realty Brokerage Email: MarkarianRealty@gmail.com License #01059771 Listed on: 09/12/2025
Last Buyer's Agent
Markarian Realty Brokerage Email: MarkarianRealty@gmail.com License #01059771 Listed on: 09/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,782
Year Built
- Built in 1921
Lot Details
- 6,578 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2 Bedrooms
- 1,222 Sq Ft Home
- 1-Story Property
- Fireplace
- Laundry Room
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 3403
- Assessor Parcel Number 5645003070
- $192 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,800
- Water Sewer Expense $1,700
- Operating Expense $3,500
- Gross Income $46,104
- Net Operating Income $35,104
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 25, 2018
Sold by
Third Street Investment Group Inc
Bought by
Third Street Investment Group Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,005,500 | Chicago Title Company |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Sold | $925,000 | 0.0% | $757 / Sq Ft |
| 09/12/2025 09/12/25 | For Sale | $925,000 | -- | $757 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,782 | $619,108 | $501,981 | $117,127 |
| 2024 | $6,782 | $606,970 | $492,139 | $114,831 |
| 2023 | $6,629 | $595,070 | $482,490 | $112,580 |
| 2022 | $6,512 | $583,403 | $473,030 | $110,373 |
| 2021 | $6,401 | $571,964 | $463,755 | $108,209 |
| 2020 | $6,308 | $566,100 | $459,000 | $107,100 |
| 2019 | $6,155 | $555,000 | $450,000 | $105,000 |
| 2018 | $2,556 | $223,029 | $222,862 | $167 |
| 2017 | $40 | $218,657 | $218,493 | $164 |
| 2016 | $2,403 | $214,370 | $214,209 | $161 |
| 2015 | $2,355 | $211,151 | $210,992 | $159 |
| 2014 | $2,347 | $207,015 | $206,859 | $156 |
Source: Public Records
Agents Affiliated with this Home
-
Vartan Markarian
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25216506
APN: 5645-003-070
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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