NOT LISTED FOR SALE

3158 Verdugo Rd Los Angeles, CA 90065

Glassell Park Neighborhood
32 Beds
18 Baths
15,138 Sq Ft
0.43 Acres

Last Sold July 29, 2015

Last sale price $2,975,000 $197 Per Sq Ft

61 Days on Market

Highlights

  • Gated Parking
  • Eagle Rock High School Rated A
  • 18,783 Sq Ft lot

About This Home

As of July 2015

52% Upside in Rents!!! Multiple level 18-unit courtyard style building is three stories with wood frame and stucco construction.Situated in Glassell Park and minutes away from the LA River. Property consists of (14) two-bed, one-bath units (4) one-bed, one-bath units. 1 Parking Space for every unit onsite. The units are separately metered for electricity and gas. Located on a quiet street but within walking distance to amenities. Other highlights include a new 100 gallon water heater, recently finished polyeurthane covered roof, and on-site laundry machines. This property offers minimal cash flow upfront but immense upside as the tenants move out and the neighborhood improves.

Last Agent to Sell the Property

Kip Kolodziejski

Clement Partners Real Estate License #01847279 Listed on: 05/20/2015

Co-Listed By

Dan Kolodziejski

Clement Partners Real Estate License #00655202

Last Buyer's Agent

Kelly Morgan

Houze Real Estate Management License #01898026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.43 Acre Lot

Interior Spaces

  • 15,138 Sq Ft Home
  • 3-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 18 Bathrooms

Parking

  • 18 Parking Spaces
  • Carport
  • Gated Parking
  • Assigned Parking

Utilities

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

Community Details

  • 18 Units

Listing and Financial Details

  • Assessor Parcel Number 5456-010-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 15138
  • Stories: 3
  • Year Built: 1961
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 32
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 18.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 211.06

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned, Carport, Gated
  • Total Parking: 18

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 1000000
  • Assessed Land Value: 1350000
  • Assessor Parcel Number: 5456-010-008
  • Geocode Override: No
  • Lot Size Area: 18783

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 8.86
  • Number Of Units: 18
  • Rent Control: 100
  • Total Annual Expense: 108203
  • Type Of Units: 1+1 & 2+1
  • Vacancy Rate: 3.0%

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 List to Sale Price per Sq Ft
07/29/2015 07/29/15 Sold $2,975,000 -12.1% $197 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $3,386,000 -- $224 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kip Kolodziejski

    Clement Partners Real Estate

    Section Image

  • D

    Seller Co-Listing Agent in 2015

    Dan Kolodziejski

    Clement Partners Real Estate

    Section Image
  • Kelly Morgan

    Buyer's Agent in 2015

    Kelly Morgan

    Houze Real Estate Management

    (310) 836-3638

    31 Total Sales

    Kelly Morgan
    Section Image
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Map

Source: The MLS

MLS Number: 15-905277

The MLS
California Los Angeles County Los Angeles 90065 Glassell Park

3158 Verdugo Rd, Los Angeles, CA

This home is located at 3158 Verdugo Rd, Los Angeles, CA 90065 since 20 May 2015. This property was built in 1961. 3158 Verdugo Rd is a home located in Los Angeles County with nearby schools including Glassell Park Elementary, Fletcher Drive Elementary School, and Irving STEAM Magnet School.

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