241 N Verdugo Rd Glendale, CA 91206
Citrus Grove NeighborhoodEstimated payment $6,570/month
2
Beds
--
Bath
1,222
Sq Ft
$880
Price per Sq Ft
Highlights
- No HOA
- Cooling Available
- Heating Available
- Fireplace
- Laundry Room
- 1-Story Property
About This Home
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. Great investment for commercial, residential and/or owner-occupied use! 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 Listed By
Markarian Realty Brokerage Email: MarkarianRealty@gmail.com License #01059771 Listed on: 06/16/2025
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
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
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | For Sale | $1,075,000 | -- | $880 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,005,500 | Chicago Title Company |
Source: Public Records
Similar Homes in Glendale, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25129059
APN: 5645-003-070
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